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Cartier Resources Inc V.ECR

Alternate Symbol(s):  ECRFF

Cartier Resources Inc. is a Canada-based exploration company focused on the Abitibi gold belt in Quebec. The Company’s projects include Mine Chimo, Benoist, Fenton, Wilson, Cadillac Extension, Dollier and MacCormack. It focuses on the Chimo Mine property, which is situated approximately 50 kilometers (kms) south-east of Val-d’Or. It consists of approximately 599 contiguous claims covering an area of 29,523 hectares (ha). It owns a 100% interest in Benoist property, which is situated in Miqeuelon, Quebec, which consists of 73 mining titles. The Fenton Project consists of approximately 18 contiguous cells, which is situated in Chapais, Quebec. The Wilson Project consists of approximately 42 mining titles, which is situated around 15 km east of Lebel-sur-Quevillon, Quebec. Cadillac Extension property consists of around 39 claims. Its Dollier project consists of approximately 40 contiguous cells covering 2,228 hectares, which is situated around 30 km south-southeast of Chibougamau, Quebec.


TSXV:ECR - Post by User

Comment by Fenstercheckon Nov 11, 2021 6:19pm
164 Views
Post# 34117311

RE:RE:RE:RE:RE:RE:IKN: Cartier Resources (ECR.v) fesses up

RE:RE:RE:RE:RE:RE:IKN: Cartier Resources (ECR.v) fesses upTalked to him lately. He is not selling Chimo for under 160 mio CAD. And IF there is nobody wanting to pay the fair value, of course there is a plan B. If sold, most of the money is going to its shareholders, like himself and a small amount is going into Cartier 2.0. The Benoist results should be released in mid november, and fenton will be worked on next year. There is still a lot of money in the treasury and there wont be any need to dillute. So personally I just don't see the point in selling. Sure, it can be dead money for a couple of months, but at some point Chimo will be sold.
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