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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 goldspinneron Dec 05, 2016 4:52pm
338 Views
Post# 25556979

TPW

TPWEveryone is anxiously awaiting the size, scope and timeframe of Teck's drilling program at TPW. Yes it can be acknowledged that Teck could move along the minimum path and remain in the earn-in on TPW....and the reasoning has been given for that. Yet on the other side of the coin...why would they? As goodwithtoys just mentioned with Tahoe Resources exploration and success nearby, why would they? Would you risk the bear minimum in exploration drilling for the sake of a saving $ on a few extra drill holes? (protecting Teck's initial investment in TPW) If among Teck's possible options of intentions were to peddle TPW off to the highest suitor it is not above the imagination that it would receive more $ with a determined greater value through exploration drilling results... either way, if teck goes on to purchase the remaining 15%, the value goes up along with EXS share of TPW...gold will be up by then, and we can thank CD as we all share in the bounty...We will see then if Teck decides to go well beyond this bare minimum and actually use this opportunity to invest in its future...Teck may surprise a few of us in their strategy here...The larger the drilling program obviously will help us and the EXS share price...good luck to all longs! here is an excerpt from an old june article regarding Tahoe Resources in the timmins press... "The news is just as exciting on the west side of Timmins, as well. We have the (Highway) 144 gap resource, which we think is only the tip of the iceberg, Makuch said. We think there is something bigger and better to come and over the next few years we will be doing a lot of development and drilling out on the west side of Timmins along the (Highway) 144 trend and we believe there is an opportunity to get a long-life mine in that area." (from... ) https://www.timminspress.com/2016/06/13/lake-shores-future-looks-golden
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