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Explor Resources Inc New EXSFF

Explor Resources Inc is a Canadian company which is engaged in the acquisition and exploration of mining properties in Canada. Its projects comprise of Chester Copper Deposit, Bathurst Mining Camp, Timmins Porcupine West, Montrose, Kidd Township, Carnegie and Eastford Lake among others.


OTCPK:EXSFF - Post by User

Bullboard Posts
Post by 57161400on Jul 29, 2008 12:00pm
193 Views
Post# 15339443

One of two things here

One of two things hereEither Union/Cannacord are unloading paper to exercise warrants or shorts are covering.  My thought is it is mostly Union selling paper through house 1.  MJ has a big ego and would not want to ever admit he was selling, since he is also very tied to Union Securities.  Cannacord would not care a less.  I am not convinced shorts would bother  going through house 1 either.  One thing about the warrants is $ is going into the till.  The 35 centers should be about finished given the $ that has been raised so far.  There will be another batch of 50's that we are sure to have to chew through as we go higher on the upcoming asays.

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Bullboard Posts