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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 34,681-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 6,900 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
Comment by detaxnowon Oct 28, 2010 12:29pm
234 Views
Post# 17624619

RE: Drill results soon?

RE: Drill results soon?We will probaby get some news soon. They have to justify the movement in the stock price and update the market.

We will have a few days of consolidation before the next move up. There will probably be another price scare in REEs from China as well. There is now an REE ETF that trades in the States. Good for the bubble.

For all holders of BRU, it may be a good time to sell half and bet on the horse that is actually drilling. In a way, CIN drilling this early is a risk...could kill the area play. If CIN does not get REE, BRU will correct anyway along with it. IF they do get REE, the sky is the limit, we are talking a many bagger while BRU talks about a drill program they will have in March. CIN is the far far better buy here, I have no doubt about that, and I have been saying it since CIN was 10 cents.
Bullboard Posts