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Exeter Resource Corporation T.XRC

Metals & Mining Gold
"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

Exeter Resource Corporation
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Comment by Roundtripon Jan 19, 2010 3:13pm
426 Views
Post# 16696310

RE: RE: Exeter

RE: RE: ExeterI'll post something quickly now.

# of shares fully diluted x share price = market cap
market cap - cash on hand = market cap minus cash
market cap minus cash divided by # of oz of gold = value per share

If I was doing it more carefully, I would take the value of the copper credits out before dividing by # of oz of gold.
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