What do the results of the water drilling for Exeter Resource mean moving forward?
Click download link to listen on this device: Download Show
Discussion
3 Comments
Jun 25, 2014 25:24 AM
Jun 25, 2014 25:54 PM
Yes it is, Hal
Jun 25, 2014 25:10 PM
Exeter stock has been beaten down so much for past 2-3 years, the worrying part is, If management agrees to sell the property in higher 1’s or low 2’s. What would be the realistic price if gold is trading around $1500/1600 range?
All these hard work and spending millions of investor money in finding the metals and water over the years, what if management decides to sell Caspiche for 150 million dollars? Bet that would be a worthless transaction for a lot of XRA investors.
one risk taken out of equation