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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 ducksgutson Jun 17, 2010 8:07pm
528 Views
Post# 17200158

hot Commodities: World Investment Conference

hot Commodities: World Investment Conference
Yale Simpson, Exeter Resource Corp.: In terms of hotcommodities—as much as nothing's that hot right now—the hot commoditiesright now are more in the gold space. It's a difficult week to have ashow because, if you look at the copper graph, copper broke through itssupport level today. And if you're a chartist, you'd say, "Oh,copper's going a lot—potentially a lot—lower." Now, I'm not an experton copper. The gold graph says I'm going higher. Most base metal graphssay I'm going lower. It's always difficult around here to tell a basemetals story. In Canada, unless it's nickel, at times it's great. Butgold will continue because people know that for a gold story, and I'm atechnical, so I'll say it. With a gold story, if you find 100,000ounces of high grade, chances are you can mine it. In the base metalsspace, good luck. You can have 100,000 tons of the highest-grade copperyou want. Then what? So, in a skeptical market, they'll always fallback on gold.
Bullboard Posts