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Bullboard - Stock Discussion Forum Cartier Resources Inc V.ECR

Alternate Symbol(s):  ECRFF

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... see more

TSXV:ECR - Post Discussion

Cartier Resources Inc > Undervalued by 10X.
View:
Post by MrWatsa on Jul 12, 2024 6:09pm

Undervalued by 10X.

i'm not going to do numbers, do your own math. ECR is a steal at this price. Let's call it a call option on the mining complex.  Only difference, the call option never expires.  Give this time, like real estate in the 90s, buy when kids laugh at you.
Comment by ernestokg on Aug 06, 2024 2:14pm
Are they really  undervalued ??? Perhaps, but they will soon run out of money, that is my fear . How will they continue ? By issuing new shares for real 2 US cents or even   less  ? There are a lot of questions now , who can answer these questions  ?? Thanks
Comment by woody999 on Aug 07, 2024 3:15pm
I dont think they will do another share offering at this low price. That would be a death blow. More likely they will be bought or merge with another small cap that is in the same area .