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.

TSXV:ECR - Post by User

Cartier Resources Inc

<< Previous

Bullboard Posts

Next >>

Post by MrWatsaon Aug 16, 2024 7:54am

134 Views

Post# 36182082

Chimo Mine PEA in Press Release - Table 3

I'm surprised no one has commented on this.

The current USD gold price isn't in the calculation. The PEA was done with 1700 gold and a much stronger CDN dollar.

They have lots of cash to complete the sizeable drill program underway, so more value coming, unless holes are worthless.

Price is what you pay, value is what you get.

<< Previous

Bullboard Posts

Next >>

Dynamic Funds Launches new ETF series on the TSX