OTCPK:EXSFF - Post by User
Comment by
PhillyJackon Apr 19, 2017 5:34pm
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Post# 26139683
RE:RE:RE:RE:Chris Dupont sells 1 millions shares
RE:RE:RE:RE:Chris Dupont sells 1 millions sharesAurum, while CD did sell shares a while back his most recent moves have been purchases. Also realize that at the very end of 2016 Marquest picked up over 18 million shares or more than 13% of all the outstanding shares of EXS: Marquest Asset Management, Inc. 18.44M 13.03% 0 2.59% 12/31/16 This large investment was not made without some serious due diligence. Basically, the insider and institutional activity has been positive over the past few months. I do agree with you that the day-to-day price movements of gold aren't nearly as important to EXS as drill results and the pending decision of Teck regarding their next move at TPW. Considering Goldcorp's recent announced big plans for Timmins, it is hard to see Teck walking away in this current environment. And even if they do, CD can play Goldcorp vs. Tahoe for the rights to partner with EXS. I believe the smart money on this board and elsewhere is quietly accumulating. That some tired longs might be liquidating is entirely understandable as not everyone has the patience this play has ultimately required. To insinuate that a company that has proven over 1 million ounces on its main property and has partnered with Teck Resources on that property is somehow a "scam" is neither accurate nor helpful. GLTA