OTCPK:EXSFF - Post by User
Post by
TedOwenson Oct 16, 2013 4:27pm
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Post# 21821481
Why investors should be worried about TPW
Why investors should be worried about TPW
Regardless of who within the company will be the scapegoat for blame of the companies mishaps along the way, the primary issue of relevance is the NPV of the TPW project and the possible economic advances which could possibly manifest between now and then.........
The bottom line is that TPW's currnet valuation status is in todays market, uneconomic, and is nowhere near the size and grade that it was being promoted as representing prior to its initial development undertakings. This is not to say that things cannot change for the better but when taking into account the current ore body model elements
There may be a mine at TPW some day but only if Gold hits very high levels or a significant increase in the system size and grade is stumbled across. As such, unless TPW reaches between 5 and 10 million ounces of resource category volumetrics, it will be many years yet before it will be worth watchihng the stock price movements.
Dupont sold a vast majority of stock during the companies posession of assay resutls at a time where the price was over a buck and a half, afterwhich, it nose dived when such results revealed to the pubic returned an assay average outcome which would in no way have been able to keep the price where it was and as such, quicly faltered afterwards, It never recovered afterwards and neither did the promoted projections and realities fo the project virtues themselves........
One can never say for sure how this project will unfold but right now the stock is at 3 cents and the resutls returned over time have been less than capable of slowing the slaughter........
The moral of the story is that the insiders and promoters always have the upper hand and apparently when taking all things into consideration, the OSC is not paying attention.