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EGR Exploration Ltd V.EGR

Alternate Symbol(s):  CDNMF

EGR Exploration Ltd. is a Canada-based company. The Company’s principal business activity is the acquisition and exploration of mineral properties. The Company is exploring for gold in the Detour-Fenelon Gold Trend, approximately 300 kilometers (km) north of Timmins, Ontario. The Company’s 40,255-hectare (ha) Detour West gold project is contiguous to Agnico Eagle’s property, which contains the Detour Lake Gold Mine and is approximately 20 km from the mine, which is also hosted in the Abitibi Greenstone Belt. It is targeting gold deposits associated with the potential extensions of the Detour-Fenelon trend structures onto the West Detour property. Its Urban Barry property is in the Urban Township of the James Bay region of Quebec in the Abitibi Greenstone Belt. The Urban Barry properties encompass an area of approximately 10,762 ha and directly adjoins Osisko’s Windfall property, with the Langlois base metal-silver-gold mine located approximately 30 km to the northwest.


TSXV:EGR - Post by User

Bullboard Posts
Post by Jentaion Feb 19, 2011 10:10am
561 Views
Post# 18163464

a reality check

a reality check
I did find readings this Bullboard over the past week ratherinteresting to say the least: from dreams to nightmares, from illusions todisillusions, from great expectations to total despair. In over 25 years ofinvesting in juniors I have rarely seen so much “ hype” around a stock.  Yesterday ardent promoters has becomedesperate “victims” in a single day in spite of many of them posting theinfamous “ do your own DD…” after each exuberant statement.
 
 
A few facts remain
 
There is no conspiracy
There is no fraud
The CEO was not a crook last week and he is still not acrook today
The drills results are not that bad
Only a very small proportion of the total property has been“explored”
CIN still has money in the bank
A new PP at this level will not take place
All of the meetings planned prior to the collapse are stillon schedule
For CIN, it is still business as usual.
 
The cheering section is smaller, the entourage has virtuallydisappeared, millions of dollars have evaporated and some of my closest friendsare poorer.
 
For CIN, it will still be business as usual, because MikeSchulz believe in his company, believe in his property, believe in his team, believein his capacity to bring this project to fruition… and all of his real friendsstill believe in him.
Bullboard Posts