OTCPK:EXSFF - Post by User
Comment by
TedOwenson May 25, 2016 7:07pm
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Post# 24904707
RE:Teck unlikely to continue TPW option
RE:Teck unlikely to continue TPW option
Given personal experience with Teck, they have never moved forward with an option agreement once a decision to do so has not been made within 30 days and given the very significant duration of delay in delivering notice of intent to Explor, strongly suggests that it wont happen just as it did with Constantine at the Golden Mile project.....Teck has clearly demonstrated a repeat waiting period scenario in this case as has been the case in almost every other deal it has made with a junior and while it is believed that Chris Dupont has not been made aware of this decision, the red flags are waiving......Board discussion optimism is to be expected but all signals point towards this deal going south......As for Kidd Creek, the chance that something will be found is slim to none as the Perseverance Deposit was the only major milestone ever reached in 40 plus years of drilling the area around the Kidd Mine like Swiss Cheese.......NADA came out of all the rest of the holes and we know, we were there as part of the story line.