EXETER RESOURCE CORPORATION (XRC:TSX-V) (EXRCF-OTC) Message Board

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Gold/Mining/Energy : EXETER RESOURCE CORPORATION (XRC:TSX-V) (EXRCF-OTC)

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From: yellowmetal	2/19/2005 1:51:43 PM
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This one has gone very quiet and results are due - I think we could be in for a surprise here. They have three drill programs going in Patagonia and the Cabeza project is moving well through feasibility, with final numbers and banking in June. XRC is one of the more active juniors out there, with a massive program in Argentina, one project moving towards production and a JV with Anglo over its entire Patagonian portfolio. Market cap at C$18m at C$1.20 Institutions own around 40% of the stock and management owns 50%, which is why it doesnt trade much. Its german listing is quite active though. Any decent news and XRC will get really moving - the example is there with Viceroy of a similar company and the institutions know it. I own a stack of this one.

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