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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 Zo$oon Jan 01, 2014 6:49pm
156 Views
Post# 22051326

RE:RE:A toast to discovery in Top 10 juniors at year end

RE:RE:A toast to discovery in Top 10 juniors at year endIf you're investing in mining stocks and you know nothing about geology, you are screwed and your opinion is worth nothing.  If you make your picks purely off newsletter recommendations and bullboard rumours, you are a moron.

- How are you supposed to evaluate a project?
- How do you interpret the promotional and technical information?
- How do you ask management the tough questions?
- How do you compare a project's fundamentals to other similar projects?
- How can you understand the differences and challenges associated with mineralogy and metallurgy?

Old CIN investors still butthurt over Carbo need to get over it.  There was no conspiracy.  Wicheeda Lake (Carbo) was and still is a good target.  The first drill results weren't out of this world, but they were still good, and encouraging -- technical people know this.  Did they live up to the expectations and hype around a 70 cent stock? No.  If it were a 10-20 cent stock, it would have been a totally different situation.  Only thing management should have done in my opinion is raised money at 60 cents.

Yes, I made $ off CIN.  I liked the project, but recognized that the market expectations were out of whack.  I didn't get greedy.

Companies with good technical people will always survive.  Rollbacks happen.  Lots of hot stocks were dogs before they hit.  When someone hits, people always ask "was it skill or luck?".  Well folks you're always going to need luck.  Geology isn't an exact science.  And remember, people like to sell on news.  

Sorry for the aggressive tone but some people on the bullboards have some major entitlement issues.  Just because you buy stock doesn't mean you're guaranteed to make money.  Do your own due dilligence FFS.  Call the company.  Talk to management.  Ask them questions!  Ask them for maps!  Ask them for pictures!  Ask them for anything!!!!

Z
Bullboard Posts