Post by
macman1519 on Jun 29, 2016 11:38pm
My mistake, not 30 Million Ounces! More!!
It currently has a resource base of 43 million gold equivalent ounces. When Exeter released a Pre-Feasibility Study on Caspiche in 2012, it estimated the average annual production over the nineteen year mine life would be 696,000 ounces of gold, 244 million pounds of copper and 844,000 ounces of silver. Not bad for a 1.70 stock. This will be bought out before Xmas!!!!
Comment by
crude on Jun 30, 2016 12:15pm
You are correct it is grossly undervalued ,but i don't see these guys giving it way ,and it is such a great project it will take very deep pockets to buy--easy 8 to 10 when they produce or sell at 20
Comment by
macman1519 on Jun 30, 2016 12:59pm
With central bankers going all in, gold will be the benefactor, slow steady rise for gold, while xrc zooms. 42 MILLION OUNCES OF GOLD, not grams, but OUNCES, will rock xrc past 10.00 per share within the year. Just keep watching!!!