EXC 0.00% 4.3¢ exterra resources limited

Ann: Follow-Up Drilling Commences at the Golden Orb Gold Prospect-EXC.AX, page-11

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  1. 1,921 Posts.
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    Gold definitely the main opportunity - so close to production, a registry so tight. Full potential is unclear but if the gold price holds up/picks up a bit, we are gonna see a hell of a lot of upside in the SP once they get this pybar deal sewn up and furthermore once a shaft in dropped into 2nd fortune.

    Li results are imminent so there will be a bit of interest around it. If results arent great it might prove a good opportunity to pick up some more of a decent gold play a bit cheaper but I certainly wouldn't be expecting bargain basement prices.

    I still think about that anomalous 3.something% Li rock chip quoted by the previous tenement holder, which never gets a mention again - maybe we will be pleasantly surprised by these results.

    Good luck all
 
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