This is a review on Eastmain Resources. What is Eastmain Resources? What do they offer to you, the investor? Are there better alternatives? This is just a few of the main questions we focus on in this short review. Ok, with that being said, let´s look into it.
Name of the company: Eastmain Resources
Official Website URL: http://www.eastmain.com/
CEO: Claude Lemasson
Products: Gold, Gold stocks
This review is about Eastmain Resources, whose success in its field of operation has earned it a remarkable reputation and success, just to say but the least. With the knowledge that this company offers several products that can be relied on by the general public for their financial growth, we shall be looking at how it goes about all its operations and how effective it is on the overall. The following pointers will guide this review:
– What is Eastmain Resources?
– How does it go about its activities?
– What products does it offer?
– Is it genuine?
– Which investment opportunities can one take up with Eastmain Resources?
– Alternatives to its investments?
– What are its main pros and cons?
What is Eastmain Resources about?
Eastmain Resources is a Canadian-based mining company that has several gold production mines under its name. It has a total of 109,000 hectares of mining fields in the James Bay area of Quebec. This area is endowed with just the right infrastructure that Eastmain resources need to flourish within the niche in which it operates.
Eastmain Resources is at the moment focused on the pre-developmental activities that are running on its open-pit mine and its underground project, while at the same time overseeing the exploration project located at Clearwater.
How it works
Eastmain Resources’ main activities comprise of the acquisition and exploration of mines and mineral resources with the objective of advancing them, making major developments and then beginning operations that will bring in impressive revenues.
In other instances, as it may be deemed fit by the top management officials, this company also sells its mineral resource properties to willing buyers. In most cases, the sales agreements include a clause that sees Eastmain Resources retain a royalty to the products mined or other interests in those mines.
As you can see, Eastmain’s strategy is to carry out exploration activities in the projects that it considers as very crucial to its success. These projects are primarily located in the under-explored regions in Canada.
Eastmain Resources has an interest in the following mining and exploration projects:
– Clearwater Property ( dubbed the Eau Claire Project)
– Eleonore South Joint Venture
This company has a total of 11 projects in its pipeline, which it efficiently handles due to the accessibility of permanent roads, airports, and power.
Eastmain Resources is a gold production company that is well-recognized within the Canadian boundaries as well as on a global scale. This company is able to produce several thousand ounces of gold on an annual basis. In 2019, the company projects that its Eleanor Gold Mine will produce anything between 350,000 and 380,000 ounces of gold. The gold mined will go a long way into serving the many users who rely on it to fend for themselves and their families, including jewelers and precious metal brokers.
This company also offers stocks that investors can include in their portfolio of assets. Currently, this company’s stocks are offered through the Toronto Stock Exchange and are traded under the ticker ER. Eastmain Resources’ stocks prices are currently quite low. Investors who buy and hold stocks over a long period can as such benefit from these prices, in that they can purchase larger volumes.
Is it a genuine company?
Yes. This company is genuine and offers genuine products to the general public for their investment and wealth-creation activities. How can we tell this? The main pointers which we can bank on at this juncture include the following:
– This company is publicly traded and its stocks are offered through the Toronto Stock Exchange. You can view more details about its stocks on Bloomberg.
– Eastmain Resources has top executive management leaders whose information you can find on the internet. Some of the main leaders in the company include:
-Claude Lemasson- C.E.O, President and Director
-Joe Fazzini- CFO, Vice President in charge of Corporate Development
-William McGuinty- Vice President in charge of Exploration
-Alison Dwoskin- Manager in charge of Investor Relations
-Catherine Beckett –Corporate Secretary
It is not hard to clearly see that Eastmain Resources’ stocks bear the potential to grow quite massively, more so with the company’s strategic operations that promise financial excellence. Purchasing and holding the stocks over a long period of time may, therefore, be a sound investment strategy.
Alternatives to Eastmain Resources’ stocks
Mining stocks, like other stocks, are usually excellent investment option until there are major changes in the economic and political climate that lead to their eventual crash. Think about the stress and anxiety that comes with every negative political headline. As a stocks investor, I am sure that this is never a good part of your day. Which is why I would like to recommend an investment that will not carry along with it such anxiety. Physical gold is one asset that has in most occasions been found to increase in value even in the worst economic crises that have hit the world. Those who have gold IRA accounts with companies such a GoldCo can sit back and relax as the value of their portfolio of assets grows with the physical gold in it.
If you hold the belief that stocks are a great investment to go with, then why not try out Resource Insider. Let’s admit it, we all could do with guidance on where to place our money for it to grow. Instead of second-guessing your every move, why not invest with confidence with the valuable information presented by research experts from Capitalist Exploits? Paying for this resource will open you up to the very best private deals that are guaranteed to bring in constant cash flows even when other markets are not performing.
Think about it:
You may have already seen what happens to stock prices every time there is a major economic crisis. Investing in physical gold through a gold IRA will present you with a list of many benefits, including the professional services of the custodians who guide you on how to structure your portfolio.
With a company such as GoldCo, for example, you can invest in an IRA.
I also want to recommend Resource Insider as they let you invest like a Mining Magnate without you having to be one… If you want to profit from the mining industry and get (huge value) insider info.
Both of the companies mentioned here also offer other services that you as an investor might find very beneficial so it might be a wise thing of you to have a look at both of them and take advantage of their great FREE services to start with.
Our #1 recommendations (best of both worlds) below:
Pros and cons
It might be wise to compare the positives against the negatives to get a better overall view of something before you make and investing decisions. As always in our review we provide you with some clear points on both sides of the spectrum:
– Is very focused on growth through exploration
– Found in an area that has excellent infrastructure
– Has very massive open pit and underground mines
– Has experienced directors.
– Eastmain Resources’ stocks may disappoint you when the global economy is not doing well.
Do You Own or represent Eastmain Resources?
If you are a representative, or associate of Eastmain Resources and have found something not to be correct in this review please, feel free to tell us and I will make sure to update the info on this post. The easiest way to do it is in the comment section below or simply by sending us an e-mail to email@example.com.
Final words and verdict
Overall rating: (4 / 5)
Ok, I think that sums up the overall view of Eastmain Resources pretty good. It is a legit service for sure, however, if it is the right one for you or not is something you have to decide yourself. It is always a wise thing to educate yourself as much as possible in the areas you are interested in. It might be a good thing for you, however, make sure to get your info from more than one source.
You made a wise decision to read this review and you are a smart person so I am absolutely sure that you will find the right company to do business with that suits your particular needs the most.
What I would recommend?
There are many great investment services out there. We have many Gold Mining investment opportunities and services, coin dealers, IRA service providers, and financial services in general listed on this website, mostly for precious metals and Bitcoin but also for other alternative investments.
You can find the best from 2 worlds that we can recommend below:
I hope you found this short review of Eastmain Resources to be helpful and that you now have a better understanding of what it is and if it is something for you or not. Please, if you have used any of their services then share your experience in the comment section below as it can help others! Also, if you got any questions about this review I will be more than happy to answer them below!
I wish you success!
founder of: Goldretired.com