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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
Comment by rehsupagemon Mar 04, 2011 5:16am
358 Views
Post# 18230321

RE: News

RE: News

Well there is additional information which can be expected. However, this information will relate partly indirectly to XRC.

If Barrick and Kinross render the final decision to build a mine at Cerro Casale which is due in the middle of the year, it will be a clear and flamboyant sign that building a mine is considered to be profitable by those two majors.

 

One more thing:
The option agreement of XRC with Xstrata Copper obligates XRC not to make any cash payments but rather to pick up the drilling costs only. This shows that XRC had a good bargaining position, which relates to a good and experience management and a team down at Caspiche that is at this place already and understands the local specifics.

As always:
DYODD
Do your own due diligence

Bullboard Posts