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.

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EGR Exploration Ltd

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Comment by str8tgoodson Nov 02, 2010 2:29pm

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Post# 17646300

RE: Weakness

Trading weakness IMO is just due to profit taking. You gotta understand that CIN went from 12 cents to 29 cents in less than a month with no news on results.

Once results are in and if they are decent, then the 29 cent high should, IMO be blown away dependent on results of course.

19 cents is the 20 day ema. If it holds and I am confident it will, then the price should bounce higher in the coming days leading up to results, which shouldn't be too far off. GLTA

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