Exeter Resource Corporation: Corporate Update - "With a treasury of $23 million, Exeter is in an enviable position in this very challenging down cycle for mineral resource companies. As a result of the downturn in commodity prices, Exeter's share price has been severely discounted and does not reflect the value of the Caspiche property, a rare and unique asset. The new, lower capex, scalable mine development options for Caspiche, identified in the Preliminary Economic Assessment ("PEA")A released in 2014, offer viable alternatives for potential development. Engineering studies for Caspiche have been sufficiently advanced that upon improved market conditions, new studies that could lead to a production decision can be fast tracked." More
- 12/17/15 | Item |


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