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Bullboard - Stock Discussion Forum 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 Discussion

Explor Resources Inc New > Have to be realistic
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Post by beancount on May 13, 2016 11:03am

Have to be realistic

LSG got bought out at approx $1Billion for 100% of the Property, AND the infrastructure, which cost a ton of cash, So you expect EXS to get $300,000 for their 30% Property which has NO infrastructure and deep lower grade gold ? Really ?? I just hope they get bought out for a decent price, or at least this 30 %, But i'm a realist.
Comment by PhillyJack on May 13, 2016 11:20am
BC, you are definitely correct based on what is officially known today about LSG vs. TPW.  Yes, the mill, the mine, the infrastructure all count for big dollars.  The $300 million figure comes from Chris Dupont himself when he was interviewed on camera at PDAC.  Chris is basing his valuation on the HMC model being proven correct at TPW.  Teck is in the process of trying to ...more  
Comment by heystupid on May 13, 2016 11:48am
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