Exeter Resource - another Canadian Insider Club quick win
March 6th Morning INK stock Exeter Resource (XRC) soared on Tuesday following news of a takeover offer from Goldcorp (G). In our report, we highlighted buying by the Exeter Resource board co-chairman and other insiders. As of Tuesday, the stock is up 60% in less than four weeks from the report's publication. The daily Morning INK report is our flag ship publication that provides a crisp timely look at what insiders are doing in the Canadian market. The report along with archive is available here for Canadian Insider Club members.
The proposed all-stock transaction where Exeter Resource shareholders would receive 0.12 of a Goldcorp share is part of Goldcorp's blockbuster Cerro Casale Chilean development deal with Barrick Gold (ABX) and Kinross (K). The deal centres on assets in the Maricunga Mineral Belt in Chile.
Are there more deals to come in Chile's Maricunga Mineral Belt? We already have one Canadian junior on our radar screen and Canadian Insider Club members will find out which one when we publish our April Top 20 Gold Stock Report next week. The monthly Gold Top 20 Stock Report is also included as part of a Canadian Insider Club membership.
Join the Canadian Insider Club today to get download access in our Reports section to our daily Morning INK, our monthly Gold Top 20 and much more. All memberships come with a 30-day money back guarantee on request. Click here to find out about the benefits of Canadian Insider Club membership.
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