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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
Post by Jentaion Jun 01, 2011 4:12pm
475 Views
Post# 18658568

My last two bits on CIN

My last two bits on CIN
My wife lost a bundle on CIN (bought at
.45 and refuses to sell after the "news"). It does not make Mike Schuss, a crook.  Mike can be eccentric at times (I have known him for over ten years) but didhonest he is not. Expectations were high and expectations were not met. Welcome to the game of jr explorations where one prospect out of 1000 makes it from exploratory drilling to production and where there are many more whiners than winners.. The company still have over 1 million in cash and receivables (not a fortune but not broke)  and two on-going projects, Personally, I have been called many things in my 35 years of investing, some of them not very nice, but a "pumper" is not one of them....just anticipating some of the responses to this post.

At this price...it may not be a bad entry level...time will tell. I am yet to get back in but I am thinking about it.
Bullboard Posts