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Short Term Trading Weekend Lounge: 29-31 Mar, page-45

  1. 2,997 Posts.
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    STTCOMP ERX FA LONG

    ERX Exore resources is a Gold explorer in Ivory coast

    SP 0.082 $
    SOI 456000
    MC 37 million
    Cash 14 million

    Exore got 2 outstanding Gold projects in Ivory coast ( Antoinette and Veronique)
    and 2 further on application
    started drilling last year on both projects with high grade shallow encouraging results
    in the middle of huge drilling program on both projects with 3 rigs 24/7
    plenty of multi million ounces deposits nearby....Syama 11.5 million ounces, Tongan 4.5 million ounces
    some of the recent drilling results 17 m of 25.5 g/t gold from 8 meter
    14 m of 11.5 g/t gold from 12 meter
    35 m of 2.97g/t gold from 60 meter
    11m of 9.07g/t gold from 50 meter
    the list goes on and on....better read the announcements
    both projects got massive under or never explored strike length more of 20 km with plenty of anomalies
    ready to drill...very good management and great geologists with heaps of local experience. plenty of news expected through this year
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