Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Comment by Odinsonon Feb 17, 2019 8:23pm
110 Views
Post# 29377891

RE:from internet,written 2 years ago... and now it is hapenning

RE:from internet,written 2 years ago... and now it is hapenningMaybe the examples that you are using aren't that great ...... or are they??? ...... holders in LSG and THO got it up the dirt chute twice! Once with the takeover of LSG by THO and most recently by PAAS takeover of THO. Is that what we are to expect with EXS? Will they use Vaseline or just give it to us dry? .......................
kykyryky wrote:
I started accumulating a position in Explor Resources Inc. (EXS/EXSFF/E1H1) in June, 2014. My opening buy was at .025Cdn. I’ve paid as high as .23Cdn, and over the past few weeks, have added to my position at .07. This morning, I picked up another 20,000 at .06. Why do I continue to buy this Company? Fundamentally speaking, management is sound, and infinately qualified. A major German Investment Fund owns a large position. A major Montreal brokerage firm owns about 8-9% of the outstanding float. The Company owns a dozen attractive, large GOLD & Copper rich mineral resources, at various stages of exploration. Two of those properties have NI 43-101 Resource Estimates. All their properties have been meticulously assembled over a number of years. Currently, the Company is working on developing Joint Venture Agreements, and possible Earn-In Agreements. As I suggested in my last piece, we’re in the calm before the storm. Any form of Agreement with a mid tier, or major producer, will be accompanied by shareholders of those producers acquiring shares of Explor. For example, we saw this in a huge way with Tahoe shareholders buying Lakeshore Gold, on the rumoured takeover bid, months before becoming formal. Coincidentally, Tahoe’s production facilities border the Company’s Timmins Porcupine West GOLD Resource (TPW) to the west.
I’ve done very well over the years, accumulating, waiting it out, and selling my positions when things mature. I confidently believe Explor will pay a handsome return if I’m patient enough.


<< Previous
Bullboard Posts
Next >>