18:21:48 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Exeter Resource Corp
Symbol XRC
Shares Issued 88,660,253
Close 2017-03-21 C$ 1.65
Market Cap C$ 146,289,417
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Lundin says buy Exeter Resource

2017-03-21 21:34 ET - In the News

Brien Lundin, in the March, 2017, edition of the Gold Newsletter, says buy Exeter Resource Corp., recently $1.42. Mr. Lundin previously said buy in August, 2015, at 46 cents. A $1,000 investment then is now worth $3,085. Although Exeter has not made an appearance in the newsletter for a while, Mr. Lundin says he still thinks highly of the company and its "world-class" Caspiche copper project in Chile. Caspiche is one of the largest discoveries made in South America in the last decade. Its size is impressive, and it also contains a high-grade core, which could allow for selective development on a smaller scale. Exeter recently began a 6,000-metre drill program on the oxide gold zone at Caspiche, with the aim of bringing the zone up to feasibility-level standards. Mr. Lundin likes the company's odds of success. He notes that the stock has added about 50 cents since mid-December, thanks to a favourable copper and gold market. It would not surprise him to see this trend continue. The stock is a buy at current levels.

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