RE:RE:Bright Future...Killr, although I am still a large shareholder in EXS and remain optimistic about the company's future, I too have attributed recent EXS weakness to tired longs selling out and moving on to other opportunities. But GWT's charge (in quotes below) is very specific, and I would be interested to see the data. . . .
"The three companies with gold bearing, or potential gold bearing properties closest to Tahoe are Melkior, Metals Creek and Explor. A little bit of analysis has shown that Anonymous bids and asks are appearing in all three markets simultaneously, literally within seconds of one another."
Tahoe has supposedly made it clear to Timmins' Mayor Steve Black and others in the know around town its plans for expansion. I believe building a bypass road south of town to truck the ore to the mill east of town is one of the trial balloons that Tahoe has floated. A look at the Timmins West map suggests any actual increase of Tahoe land holdings in the vicinity of the Lake Shore property would almost necessarily involve Explor, Metals Creek, and/or Melkior. There had been rumours months ago, of a new Tahoe gold strike close to the TPW border, but we have heard nothing else regarding further developments in connection with that alleged strike.
So, GWT's allegation is indeed intriguing, and no doubt myself and others on this board would like to see evidence of the simultaneous trading of EXS, MEK, and MKR shares. It would be hard to conceive a simultaneous takeover attempt of all three companies. However, Tahoe is certainly not a company that thinks small, and, as evidenced by its history in South America, prefers to be involved in projects on a district-wide basis.
Meanwhile, for EXS, a formal announcement of a robust fall drill program by Teck at TPW would do wonders for the short-term price appreciation of our shares.