OTCPK:EXSFF - Post by User
Comment by
PhillyJackon May 16, 2016 3:42pm
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Post# 24878263
RE:RE:RE:RE:RE:Moving On........
RE:RE:RE:RE:RE:Moving On........Sask, no law against EXS approaching Glencore . . . just a suggestion. CD can still drill KC even if Glencore blows him off. The timetable on TPW is the timetable, unless Teck chooses to accelerate the program. The Catch 22 situation on Ogden is that you say we need a higher share price to conduct more exploration, but we really need solid results out of Ogden to get that higher share price . . . unless we get some pleasant surprises in the overdue NR on TPW. For now I would let Teck do its thing on TPW on the agreed upon schedule (total $12 million and not so measly) and concentrate EXS drilling at Ogden, especially given recent events at the 144 Gap to the west and step out drilling by MEK and Goldcorp to the east. CD knows gold and Timmins West the best and Ogden is 100% EXS. Ogden can be the piece that completes the Timmins West puzzle and starts ringing the bell . . . and a strike there will put pressure on Teck to move things along at TPW.