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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

Post by TedOwenson Jul 26, 2016 11:24am
224 Views
Post# 25084854

July 19, 2016 press release negatively suggestive

July 19, 2016 press release negatively suggestiveWhen taking into account the clearly uneconomic gold grade returns from the Teck drilling undertakings when coupled with author inferences that are only suggestive of ongoing exploration plans being still worked on at TPW, essentially suggests to the reader that no committment has been made by Teck on its intent to pursue additional exploration at this project.........

Given the very dissapointing gold results and relatively weak alteration volumes that are in place as outlined within the press release, that the likelyhood of this project having a deposit model signature being in place which would be neededed to be in place in order to support the suggestions of a 30 million ounce being even remotely reasonable, have all but been extinguished by such result returns finally being publicly revealed. 

Ogden appears to have a better environment in place in this opinion. .......
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