3SOF

Looking for a short pullback to buy - this ones on fire. 

XRA Climbing the steps.  Bought in yesterday and couldn't resist buying more today after it bounced off the 9ema.

XRA put in a new yearly high.

News keeps coming out of this company regardings it's gold mining in Chile.

Exeter to Drill 5,000 Metres on Caspiche Gold Porphyry, Chile
Thursday June 14, 9:00 am ET

VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Jun 14, 2007 -- Exeter Resource Corporation (CDNX:XRC.V - News)(AMEX:XRA - News)(Frankfurt:EXB.F - News) (the "Company" or "Exeter") has committed to a minimum of 5,000 metres of new reverse circulation and diamond drilling on its Caspiche gold porphyry target in Chile. The program will follow up drill hole CSDH_013 that intersected 304 metres of mineralization averaging 0.9 g/t gold (0.026 oz/ton) from a downhole depth of 40 metres.

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Drilling contracts are now being finalized for the new program to commence as soon as the property can be accessed following the southern winter. It is expected that drill holes will be on 100 metre spacings to depths of 300 to 500 metres. A detailed induced polarization survey will also be contracted to assist in the definition of the porphyry system.

Further Caspiche Epithermal Zone Drilling Results

Twelve of the recently completed thirteen reverse circulation drill holes (3,697 metres) focused on high sulphidation epithermal gold mineralization, 2.5 kilometres to the east of drill hole CSDH_013. Results of the first six drill holes were announced March 2nd, 2007.

The final drill holes testing the epithermal gold zone intersected gold grades similar to those previously encountered. Results validate the epithermal zone but indicate that it occurs largely at depths in excess of 100 metres, with few holes intersecting significant mineralization above 50 metres. Because of its reduced commercial potential, further investigation of the epithermal zone will be deferred in favour of work on the gold porphyry target.

Results for all of Exeter's drilling to date at the Caspiche project can be viewed on the Company website at: http://www.exeterresource.com/chile_maricunga.php.

Quality Control and Assurance

The assayed mineralization reported for drill hole CSDH_013 is the drill intersection width and may not represent the true widths of mineralization. The assay results presented above are preliminary and unless specified, have been calculated using a 0.5 g/t gold equivalent cut-off grade, with no cutting of high grades. All reverse circulation drill samples are collected using a cyclone in two metre intervals; no compositing is undertaken at the rig. Gold samples were prepared and assayed by fire assay (50 gram charge) and ICP-MS used for copper at the ACME laboratory in Santiago, an ISO-9001:2000 certified laboratory. Standard, blank and duplicate samples are used throughout the sample sequence as checks for the exploratory reverse circulation drilling.

Jason Beckton, the Company's Manager for Chile and a "qualified person" within the definition of that term in Canadian National Instrument 43-101, Standards of Disclosure for Mineral Projects, has supervised the preparation of the technical information contained in this news release.

Sold at 4.15.  Will look to get back in near the 9ema....if I get a chance.  Still looks really good even though Gold prices have been down.

Exeter increases drilling at Caspiche and Cerro Moro to 10 rigs

Press Release Source: Exeter Resource Corporation On Monday December 7, 2009, 9:00 am EST
VANCOUVER, Dec. 7 /PRNewswire-FirstCall/ - Exeter Resource Corporation (AMEX:XRA, TSX:XRC), or the "Company" is pleased to announce that it has received net proceeds of C$54.5 million from its recent financing, bringing the Company's treasury to C$81 million.

The new funds allow Exeter to accomplish the following tasks:


    -   to increase drilling activity to 10 rigs in order to expand and
        confirm the known gold resources for Caspiche and Cerro Moro, and

    -   to maintain a high level of exploration and mine development activity
        through 2011.

At Caspiche, the Company now plans 35,000 metres ("m") (114,829 feet ("ft")) of drilling, up from the previously announced 20,000 m (65,617 ft) program. Boart Longyear have added two rigs to the four already being provided by Major Drilling. The program will continue to May 2010.

At Cerro Moro, (including the Fomicruz joint venture), the Company has increased the drilling program from 20,000 m (65,617 ft) to 50,000 m (164,042 ft). To accomplish this expansion, Boart Longyear have increased the rigs on site from two to four. The in-fill drilling program (20 m by 20 m pattern (66 ft by 66ft)) will continue as previously budgeted.

The goal remains to accelerate exploration at Cerro Moro and to meet a Q3-2010 timeline for a pre-feasibility study. At Caspiche, the goal is to drill test beyond the known resource and to complete sufficient in-fill drilling to generate "indicated resources" by Q3-2010. The timeline is being maintained for the completion of a development options study in Q4-2010.

Chairman Yale Simpson said "Given current gold prices and our strategic goals, it is essential that we maintain our timeline for a Caspiche development options study and a Cerro Moro pre-feasibility study. The new funds give us the ability to not only meet the timeline, but to increase the known gold resources for both projects.

"Exploration and development budgets to the end of 2010 are presently being formulated. Importantly, we continue to build our development team as we progress towards mine development decisions."

About Exeter

Exeter Resource Corporation is a Canadian mineral exploration company focused on the discovery and development of gold and silver properties in South America. The Company has C$81 million in its treasury.

On the Caspiche Project in Chile, Exeter recently announced an inferred mineral resource estimate of 1,117 Mt (million metric tons) at a grade of 0.55 grams per metric ton gold and 1.12 grams per metric ton silver, including 1,017 Mt at a grade of 0.22% copper. This equates to in-situ inferred resources of 19.6 million ounces of gold, 40 million ounces of silver and 4.84 billion pounds of copper (a total of 32.4 million gold equivalent ounces*. Drilling with six rigs to expand and upgrade the resource estimate is underway.

On the Cerro Moro Project in Argentina, Exeter recently announced an initial inferred mineral resource estimate of 646,000 ounces gold equivalent** at a grade of 18 g/t gold equivalent**. The Company has drilled over 200 infill holes on the Escondida vein structure, principally to upgrade the sectors of the inferred resource that might be scheduled for early mining. Drilling to expand the deposit has recently been initiated and will continue through 2009. Engineering, environmental and infrastructure studies are being advanced ahead of a scoping study in 2010.

Matthew Williams, Exeter's Exploration Manager and Justin Tolman, Exeter's Caspiche Project Manager both considered a "qualified person" within the definition of that term in National Instrument 43-101, Standards of Disclosure for Mineral Projects, has supervised the preparation of the technical information contained in this news release.

You are invited to visit the Exeter web site at www.exeterresource.com.


    EXETER RESOURCE CORPORATION

    Bryce Roxburgh
    President and CEO

    *Gold ("Au") equivalence for copper ("Cu") and silver ("Ag") was
    calculated by Exeter using assumed metal prices of US$800/ounce ("oz")
    for Au, US$12/oz for Ag and US$2/pound ("lb") for Cu. The formula to
    calculate Au equivalence for Cu was pounds of Cu multiplied by 2 and
    divided by 800; Au equivalence for Ag was calculated using the formula oz
    of Ag multiplied by 12 and divided by 800, and in both cases assumes 100%
    recovery. Reported grades and metric tons have been rounded (see news
    release NR 9-22 dated October 20, 2009).

    **Inferred mineral resource estimate of 1,098 Mt containing 371,000
    ounces gold at a grade of 10.5 g/t and 19.2 million ounces silver at a
    grade of 545 g/t for 646,000 ounces gold equivalent at a grade of 18 g/t
    gold equivalent. Gold equivalent is calculated by dividing the silver
    assay result by 70, adding it to the gold value and assuming 100%
    metallurgical recovery (see news release NR 9-14 dated July 8, 2009).

Safe Harbour Statement - This news release contains "forward-looking information" and "forward-looking statements" (together, the "forward-looking statements") within the meaning of applicable securities laws and the United States Private Securities Litigation Reform Act of 1995, including the Company's belief as to the extent and timing of its drilling programs, various studies including engineering, environmental, infrastructure and other studies, and exploration results, budgets for its exploration programs, the potential tonnage, grades and content of deposits, timing, establishment and extent of resources estimates, potential for financing its activities, potential production from and viability of its properties and expected cash reserves. These forward-looking statements are made as of the date of this news release. Users of forward-looking statements are cautioned that actual results may vary from the forward-looking statements contained herein. While the Company has based these forward-looking statements on its expectations about future events as at the date that such statements were prepared, the statements are not a guarantee of the Company's future performance and are subject to risks, uncertainties, assumptions and other factors which could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Such factors and assumptions include, amongst others, the effects of general economic conditions, the price of gold, silver and copper, changing foreign exchange rates and actions by government authorities, uncertainties associated with legal proceedings and negotiations and misjudgements in the course of preparing forward-looking information. In addition, there are also known and unknown risk factors which could cause the Company's actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Known risk factors include risks associated with project development; the need for additional financing; operational risks associated with mining and mineral processing; fluctuations in metal prices; title matters; uncertainties and risks related to carrying on business in foreign countries; environmental liability claims and insurance; reliance on key personnel; the potential for conflicts of interest among certain officers, directors or promoters of the Company with certain other projects; the absence of dividends; currency fluctuations; competition; dilution; the volatility of the Company's common share price and volume; tax consequences to U.S. investors; and other risks and uncertainties, including those described in the Company's Annual Information Form for the financial year ended December 31, 2008, dated March 27, 2009 filed with the Canadian Securities Administrators and available at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company is under no obligation to update or alter any forward-looking statements except as required under applicable securities laws.

NEITHER THE TSX NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE

BreakOuts...

Keeps making breakouts,
Bullish chart confirms tremendous fundamentals.
This could be a big winner !

Whats not to like about this one ?
They recently discovered a high quality gold vein- though they do not know how big it is yet- which may be why the stock is moving today.

52wk Range: 1.51 - 8.50
Volume: 2,107,664
Avg Vol (3m): 426,898

Technicals
Record Volume
Record Price High
Percentage Gainer