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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

Post by OleBoleon Mar 05, 2022 11:40am
239 Views
Post# 34486758

ECR has 5-10 bagger potential

ECR has 5-10 bagger potential In November, a Swiss fund liquidated a 7M share Cartier position in the open market. At the close today, the market is valuing a high-grade 2m oz au resource (with a 950m shaft running down the middle of it for easy access) located in a top tier mining jurisdiction at C$10 per oz in the ground. The company is cashed-up through 2022 with C$8M cash and a C$30M market cap. The stock has 5-10 bagger potential once the sector moves into a favorable market climate 
 

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