A company I followed just got a buyout from Goldcorp for 250 million.

This is a company very similar to Copper Fox as a resource development company that owns a large mineral deposit. Exeter Resources (XRC). This could be seen as positive for us being valued at 60 million currently. We are beginning to see an increase in M&A in the mining industry and majors having an interest to purchase promising projects with improving commodity prices.

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This is a great for XRC, buts lets not fluff the numbers...

Yesterday their market cap was 142 million, not 60 million. Not a 400%+ premium. 60-67%, depending how you want to look at it (see below).

From Junior Mining Network:

"This represents a premium of 67% on the Exeter shares based on the closing prices of both companies common shares on the TSX on March 27, 2017 and a 60% premium based on Goldcorp’s and Exeter’s 20‐day TSX volume weighted average trading price ending on March 27, 2017."

www.juniorminingnetwork.com

Just keep it real, exagerated claims do more harm than good...