Over the weekend we received a number of comments on resources companies. One comment from Excelsior regarding Exeter Resource caught our eye and we sent it over to Wendell Zerb, CEO and President of Exeter Resource, to address. The comment is below the interview for your reference.
Wendell has been on the road for over a week so we get his take on the investor sentiment toward precious metals.
Click here to visit the Exeter Resource website. If you have any other questions for Wendell please comment below or email me directly at Fleck[at]kereport.com.
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Here is the question from Excelsior…
Exeter Resource I see as an “Advanced Deposit” where they have done a great job of defining their resources, have made good progress permitting it, they have a solid PEA in place, and they have further de-risked the project with their efforts to drill out the water sources and secure the water rights. They are in need of higher precious metals prices and a larger company to buy them out to kick-start development.