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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 TedOwenson Dec 20, 2013 9:52pm
209 Views
Post# 22029303

TPW promoted unrealistically and unethically

TPW promoted unrealistically and unethicallyTPW right from the get go, was promoted in a manner in which the OSC should have stepped in an reviewed for best practice......... The continued modeling of TPW after a regional trend which returned 30 million ounces infers that TPW has the same amount of gold potential as the entire central Timmins camp which is completely unrealistic and unethical in construct......... TPW has returned a modest amount of gold over the 2 kilometer strike length but the majority of the economic potentiality resides within only a 100 or so meters along its axis...........The rest of the strike trend is in the low grade open pit category which at todays gold prices and given the volume of such low grade settings in place at TPW, is without question highly questionable in its mineable economics. There is some likelihood that this project could be mined in the future but unless gold goes up over 2000 and and/or a major increase in resource is returned, which will take a heck of a lot more drilling over the coming few years, and if the money is available to do that, at this point in time the project is sitting in a very precarious position for investors.......... After many, many years of drilling TPW sits at less than 5% of the promoted blue-sky figure of 30.000.000 which no doubt Chris Dupont authorized as being an acceptable go ahead before drilling started.......... TPW is not considered to represent an investment grade project at this point in time..................
Bullboard Posts