OTCPK:EXSFF - Post by User
Comment by
PhillyJackon Aug 18, 2017 3:07pm
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Post# 26597665
RE:TPW
RE:TPW
Wallstr, the results are okay even though not spectacular. They continue to confirm the HMC model, and are being used to support the plan for a small open pit mine to help pay for the construction of a larger, underground mine to get at the deeper, higher grade gold. The PP before this release was 90% targeted towards East Bay in Quebec. So those were funds from an investor hoping to get the EXS show on the road at East Bay, which largely surrounds the old Clifton Star multi-million ounce property. The balance sheet of EXS has nothing to do with a major like Goldcorp, Tahoe, Kirkland Lake, or McEwen bidding on TPW. They would bid on TPW based solely on their need for feed to a mill. They have zero interest in the balance sheet of EXS. TPW continues to be a valid exploration play in the heart of a very active West Timmins mining scene. You are getting TPW, East Bay, and Chester for barely over $10 million in market cap. If you don't see the value someone else will gladly be snapping up your shares.