Eastmain Resources Inc

ER-T

Analysis and Opinions about ER-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
March 5, 2018

They haven't indicated a discovery in the St. James Bay area, though he likes the management and this part of the world for exploration.

Show full opinionHide full opinion

They haven't indicated a discovery in the St. James Bay area, though he likes the management and this part of the world for exploration.

COMMENT
COMMENT
March 7, 2017

This has a project in Québec and the recent drilling is now starting to transform it into something that is far more geologically interesting. It is something he is keeping an eye on. Doesn’t feel they have critical mass yet, but it is growing. A very interesting story.

Show full opinionHide full opinion

This has a project in Québec and the recent drilling is now starting to transform it into something that is far more geologically interesting. It is something he is keeping an eye on. Doesn’t feel they have critical mass yet, but it is growing. A very interesting story.

BUY
BUY
June 30, 2016

(Market Call Minute) There will be a ton of news flow from this one and excitement over the next year.

Show full opinionHide full opinion

(Market Call Minute) There will be a ton of news flow from this one and excitement over the next year.

COMMENT
COMMENT
March 8, 2016

Have spent over $30 million delineating a high grade quartz vein in central Québec. This is the year when we finally find out what the economics are of open pitting the upper part of this system and then going underground. They have about 1 million ounces of 4 g per ton and another million more ounces which they actually had to kick out of the resource when they finally understood the controls of the mineralization. If you don’t understand the controls, very bad things happen. The stock does hold promise. Hopes they get more ounces out of the drilling they have done that they can put into the mining plan.

Show full opinionHide full opinion

Have spent over $30 million delineating a high grade quartz vein in central Québec. This is the year when we finally find out what the economics are of open pitting the upper part of this system and then going underground. They have about 1 million ounces of 4 g per ton and another million more ounces which they actually had to kick out of the resource when they finally understood the controls of the mineralization. If you don’t understand the controls, very bad things happen. The stock does hold promise. Hopes they get more ounces out of the drilling they have done that they can put into the mining plan.

COMMENT
COMMENT
March 8, 2016

The big catalyst going forward is if they found, identified and drilled out an economic deposit. Have been drilling this project for 10 years plus. They continue to hit mineralization, and there is good mineralization on it, but his concern has always been it’s a shattered up vein system, so it is difficult to put in a high grade mining scenario because the veins are jumping around. Not convinced it is a significantly economic deposit.

Show full opinionHide full opinion

The big catalyst going forward is if they found, identified and drilled out an economic deposit. Have been drilling this project for 10 years plus. They continue to hit mineralization, and there is good mineralization on it, but his concern has always been it’s a shattered up vein system, so it is difficult to put in a high grade mining scenario because the veins are jumping around. Not convinced it is a significantly economic deposit.

HOLD
HOLD
April 5, 2013

Good for a long-term hold? Likes the story. Have a deposit in Québec and they may have 1,000,000 ounces of really high-grade, open pit of 3-4 g per ton. Very economic and very close to Goldcorp’s (G-T) Elinore. In this environment, it could stay at this price for a year or so.

Show full opinionHide full opinion

Good for a long-term hold? Likes the story. Have a deposit in Québec and they may have 1,000,000 ounces of really high-grade, open pit of 3-4 g per ton. Very economic and very close to Goldcorp’s (G-T) Elinore. In this environment, it could stay at this price for a year or so.

DON'T BUY
DON'T BUY
March 7, 2011
Mineralization occurs in a number of structures that are parallel but not necessarily connected. The difficulty they are going to have is bulking this into one deposit that actually works. This was his problem and why he never bought it.
Show full opinionHide full opinion
Mineralization occurs in a number of structures that are parallel but not necessarily connected. The difficulty they are going to have is bulking this into one deposit that actually works. This was his problem and why he never bought it.
PAST TOP PICK
PAST TOP PICK
March 9, 2010
(A Top Pick June 3/09. Up 1.05%.) Multi-project company mainly in Ontario, with 3 advanced stage exploration. More than a survivor in the exploration business and is only a question of when that one of its major partners decides to buy in or take them over.
Show full opinionHide full opinion
(A Top Pick June 3/09. Up 1.05%.) Multi-project company mainly in Ontario, with 3 advanced stage exploration. More than a survivor in the exploration business and is only a question of when that one of its major partners decides to buy in or take them over.
BUY
BUY
January 15, 2010
In the last 12 months, have found a real possibility of 2 multi-million ounce deposits. Well above average drill results. Have major mining companies as partners. Logical takeover target, particularly from Goldcorp (G-T).
Show full opinionHide full opinion
In the last 12 months, have found a real possibility of 2 multi-million ounce deposits. Well above average drill results. Have major mining companies as partners. Logical takeover target, particularly from Goldcorp (G-T).
BUY
BUY
September 25, 2009
Good management. In the last couple of years they had 2 major gold discoveries and have just announced a third. Prime takeover candidate.
Show full opinionHide full opinion
Eastmain Resources Inc (ER-T)
September 25, 2009
Good management. In the last couple of years they had 2 major gold discoveries and have just announced a third. Prime takeover candidate.
DON'T BUY
DON'T BUY
September 25, 2009
Gold. Located in Quebec. Although they are pulling some very nice drilling sections and some high grades in intervals, he is unable to tie the intersections together. This creates high costs. Hasn't seen enough to indicate there is an ore body there.
Show full opinionHide full opinion
Eastmain Resources Inc (ER-T)
September 25, 2009
Gold. Located in Quebec. Although they are pulling some very nice drilling sections and some high grades in intervals, he is unable to tie the intersections together. This creates high costs. Hasn't seen enough to indicate there is an ore body there.
TOP PICK
TOP PICK
June 3, 2009
Located in Quebec where you get almost $.50 back for every $1 spent on exploration. Have major mining companies as partners. 2 very developing big deposits, one with continuously high grade. About $20 million in the bank. Great management.
Show full opinionHide full opinion
Located in Quebec where you get almost $.50 back for every $1 spent on exploration. Have major mining companies as partners. 2 very developing big deposits, one with continuously high grade. About $20 million in the bank. Great management.
BUY
BUY
May 14, 2008
Gold exploration in the James Bay area of Quebec. Will have a very active drill program in 2008. Price will be driven on news. Had some interesting early drill results. Real future will be determined on its drill results this year, which are going to be substantial. Deserves a small space in the portfolio for its speculative appeal.
Show full opinionHide full opinion
Gold exploration in the James Bay area of Quebec. Will have a very active drill program in 2008. Price will be driven on news. Had some interesting early drill results. Real future will be determined on its drill results this year, which are going to be substantial. Deserves a small space in the portfolio for its speculative appeal.
PARTIAL SELL
PARTIAL SELL
April 8, 2008
You have to be careful when you see the kind of rally it is in from $.75 to $1.30. Some profit taking could set in. Stock will probably go higher, but you could sell a bit of your position to lock in some of your profit.
Show full opinionHide full opinion
You have to be careful when you see the kind of rally it is in from $.75 to $1.30. Some profit taking could set in. Stock will probably go higher, but you could sell a bit of your position to lock in some of your profit.
BUY
BUY
March 5, 2007
Wonderful land positions around Red Lake. Has taken the turtle approach in what is usually a rabbit race in exploration. Is expecting aggressive drilling later this year.
Show full opinionHide full opinion
Wonderful land positions around Red Lake. Has taken the turtle approach in what is usually a rabbit race in exploration. Is expecting aggressive drilling later this year.
Showing 1 to 15 of 20 entries