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McLaren Resources Inc C.MCL

McLaren Resources Inc. is a Canadian mineral exploration and development company focused on gold exploration projects in northeastern Ontario. It holds a 100 % interest in the Blue Quartz, McCool and Kerrs gold exploration properties located east of Timmins, Ontario. The Blue Quartz property is located in Beatty Township over 73 kilometers (km) east of Timmins and neighbors the Fox Mine, the Fenn-Gib project and the former producing Ross Mine. The property hosts the former producing Blue Quartz Gold Mine and consists of patented claims and staked claims covering an area of 640 hectares (ha). The McCool property is located in McCool Township over 85 km east of Timmins and neighbors the Tower Gold project, the Fenn-Gib project and the Holt Mine Complex. The property consists of a mining lease and claim cells with an area of 1,770 ha. The Kerrs property is located in Kerrs Township approximately 15 km north of the McCool property and consists of mining leases covering an area of 771 ha.


CSE:MCL - Post by User

Bullboard Posts
Post by rovertwon Feb 07, 2002 12:44am
272 Views
Post# 4744734

Quarterly

Quarterly If Burton's pattern is any indicator they'll have at least 6 cents and probably 7 for Q4. He has stated that he has "never missed a quarter" (ever) and I have found that the company has traditionally lowballed earnings estimates to ensure they hit em. This guy has mostly US investors pumping money into this stock now and will not be letting these investors down by missing targets or making false promises ... there is much money left to be made here. So look for better than 5 cents for Q4 AND "accreditive" earnings for Q1 2002 from IBM unit and Nielson. If you check out his news releases he always says he's 'looking forward' to discussing the Q results ... not too many companies say that these days ... this guy is on a roll ! This is a $ 20 plus stock ... hang on !! IMHO.
Bullboard Posts