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11/18/09

Wow! An Exeter Resources (XRC.to) investment opportunity actually worth considering

I've had my issues about Exeter Resources (XRC.to) for a while (documented over the months on the blog), mainly because although the Cerro Moro project in southern Argentina has all the making of a good looking asset and eventually gold mine, the company continues to BS the world about the Caspiche dog thingy up in the frozen wastes of high Chile.

But news today is encouraging. Apparently XRC is mulling over the idea of spinning out Cerro Moro. If they do I'm a possible buyer, cos I've never been able to get over the idea of buying into that project and the large white elephant as well....but gimme a shot at Cerro Moro on its own and I'm listening to you, Yale.