Post by
Honeypot2009 on Nov 30, 2016 6:14pm
Explore exploration stratagey
The exploration stratagey of this company is definitely odd to say the least, Mr. Dupont and his team have had drills turning on a few of their properties this year, rather then concentrating on a definite target and defining a minable ore body, they seem to be drilling all over the map, definitely not the norm for a smaller junior company. Rather than establishing a minable deposit with defining drilling they seem to be drilling to prove they have many properties with ore present. Leads me to wonder if they are trying to establish a higher company value as a whole but one needs to think is this a strategic play??? I truly feel that their exploration plans are questionable but time will soon tell. I feel that creditabity of the management team has somewhat comprimized this play, if Teck stays for the long will tell the true story at the end of the day. If it does happen I think the play will become a JV with one of the larger cards in the Timmins camp.......Just my opinion
Comment by
peschenlo on Dec 01, 2016 11:55am
CD and his board ony know the "try and error" method as drill strategy at expense of SHs hope that Teck stays in and their method is as it looks is scientific and sophisticated and leave CD and his gang out Drilling TPW
Comment by
steven820 on Dec 02, 2016 9:45am
Hi, about drilling other properties I have the following remark. In my opinion other properties are drilled because EXS needs to do a drill campaign on these properties within a certain timeline to hold complete ownership. I know from the past I was told by CD that they needed to drill other properties for this reason. If this is not the case now, I don't have another explanation. Steven