OTCPK:EXSFF - Post by User
Comment by
PhillyJackon Jun 16, 2016 3:09pm
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Post# 24972044
RE:RE:RE:Gold and EXS
RE:RE:RE:Gold and EXSLet me school you, First Timer, since you're still very green at this. Teck is a mining giant, a multi-billion dollar behemoth. They are Canada's largest diversified miner. Teck has relationships with many juniors as the juniors in this business have become an exploration arm to the majors. Teck JVd Constantine's project on the other side of Timmins just a few years back, and dropped the agreement like a hot potato once the property did not measure up to Teck's expectations. If Teck had come to the conclusion that there was no money to be made at TPW, they would have formally notified EXS and withdrew their equipment and personnel from West Timmins. The Tahoe/LSG 144 Gap project sits just meters away from TPW's western border. Goldcorp and Metals Creek are drilling and getting nice gold intercepts to the east of TPW. TPW has gotten gold in 113 out of 118 holes at TPW. Teck obviously liked the first holes they drilled at TPW, because they are still there. Teck rejects most projects brought their way. A few, such as TPW, get funded. And after 18 months Teck is still there. Obviously there is much about TPW that Teck likes. Losing a few million dollars on a project that didn't "pan out" is not an embarrassment to Teck. It is the cost of doing business. Happens every year. There is no scam here, except for perhaps the tree shaking that has occurred on these boards the past several days. As a newbie, First Timer, I would suggest you read more and post less . . . you might learn some things that way. Lots of people on this board with years of valuable investing experience.