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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

EGR Exploration Ltd
Bullboard Posts
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Post by BT_Speculatoron Dec 07, 2010 12:36am
387 Views
Post# 17810269

CIN TA

CIN TALooking at the technical side this is what I see.

Short term - Very bullish
Intermediate term - Very bullish
Long term - Very bullish
Overall - Very bullish

We've been in consolidation mode for about 3 weeks and in the meanwhile forming a descent base before the next rise.  This is very typical for a well performing stock.  The overall bids are are 2X the overall asks on the close.  It looks like investors are cautiously optimistic and there are far fewer day traders.   

Our current market around $41 Million fully diluted.  A descent NR will propel our SP to the next level. 

Should be an interesting day tomorrow.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities