Cartier Resources Inc V.ECR

Alternate Symbol(s): ECRFF

Metals & Mining Gold

Cartier Resources Inc. is a Canada-based exploration company. The Company's activities primarily include the acquisition and exploration of mining properties. Its projects are located in Quebec. The Company is advancing the development of its flagship Chimo Mine Project and exploring its other projects. Its projects include Fenton, Wilson, Cadillac Extension and Dollier. The Company also has Benoist, MacCormack AND XSTRATA option projects. The Chimo Mine Project is comprised of the Chimo Mine and East Cadillac properties. The Chimo Mine Project's commodity is gold. The Chimo Mine property consists of approximately 12 contiguous claims covering an area of 334.44 hectares. The East Cadillac property consists of approximately 537 contiguous claims covering an area of 26,315.98 hectares. The Chimo Mine Project is held 100% by the Company. The Benoist property is composed of approximately 73 claims and includes commodities, such as gold and copper and silver by-products.

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Cartier Resources Inc > ECR has 5-10 bagger potential

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Post by OleBoleon Mar 05, 2022 11:40am

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Post# 34486758

ECR has 5-10 bagger potential

In November, a Swiss fund liquidated a 7M share Cartier position in the open market. At the close today, the market is valuing a high-grade 2m oz au resource (with a 950m shaft running down the middle of it for easy access) located in a top tier mining jurisdiction at C$10 per oz in the ground. The company is cashed-up through 2022 with C$8M cash and a C$30M market cap. The stock has 5-10 bagger potential once the sector moves into a favorable market climate

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