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Exeter Resource Corporation T.XRC

"Exeter Resource Corporation was incorporated on February 10, 1984. It is an exploration and development company. It is engaged in gold deposits in the Maricunga district in Chile, Caspiche project."


TSX:XRC - Post by User

Bullboard Posts
Post by ez33on Oct 12, 2009 3:03pm
694 Views
Post# 16382220

ABX buys 4.2 million ozs

ABX buys 4.2 million ozsof gold for $465 million... 70% of the el morro gold opper deposit. sure it had 4 billion pounds of copper as well but exeter can match that... we don't match em on grade strip ratios and the state if development of the deposit. Still exeter is way undervalued given barricks setting of the market value of  el morro... The share price should get a kickstart from the resumption of drilling at caspiche.. This time last year they started drilling around the 15th or 16th... there is a greater eagnerness to test the element this time..

and the home run hitters are going for vector 33 hiole 41 redrill test I'm told... That hole could extend the length of the deposit by a further 200 meters.. Ya have to wonder why they never reported the drill results for the first 500 meters yet.... 
Bullboard Posts