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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 > MORE MEETINGS IN TORONTO?
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Post by Goodwithtoys on Jun 12, 2017 3:37pm

MORE MEETINGS IN TORONTO?

Back to Toronto? More meetings? Im hearing our President & CEO Chris Dupont will be back in Toronto this Wednesday through the end of this week for meetings. No matter how hard Ive tried, I cant get any details out of him, as to who he is meeting with, or why? He wont even offer a hint for me to ponder on. So, the BIG question then, what would inspire a need to travel, that couldnt be handled by phone, email or Skype? Again, who is headquartered in Toronto? Goldcorp, Kirkland Lake, Osisko, IAMGOLD, & Detour GOLD. Conjecturing a bit, Goldcorp appears to have the greatest motivation to make a deal on the Companys Timmins Porcupine West GOLD Deposit, for two major reasons. Firstly, they already hold a 3% NSR (Net Smelter Return) on the TPW. Secondly, they are on the front end of a massive $2Billion, 50,000 Ton Per Day GOLD Mill development, and will need proven up feed. Looking at the entire region, the TPW is the closest GOLD Resource to the proposed new mill development. Explors current drilling program on the TPW will enhance the Open Pit potential of the known GOLD Deposit. I find it interesting that Dupont is doing this at the eastern end of the deposit, minimizing the distance to the new Goldcorp mill? Further, Dupont recently scooped some claims, enhancing the PG-101 Property Block. (NR May 24th, 2017, https://explorresources.com/assets/docs/news/PG-101%20Gold%20Property%20Expansion%2024%20May%202017%285%29.pdf). My grapevine has suggested Tony Makuch, & Eric Sprott of Kirkland Lake GOLD were also after those claims, so is Dupont negotiating a deal with them on the PG-101? Looking eastward to the Companys East Bay Property Block at Duparquet, in Quebec, virtually surrounded by IAMGOLD, is he negotiating a deal on those claims with them? Any one of these scenarios will inspire massive new, & renewed interest in EXS/EXSFF/E1H1, moving the Stock Price forward. I added significantly to my position last week, and am buying more this week. The drilling at the TPW is progressing nicely. Step-Out Holes #124 & #125 have been completed to a depth of 600meters (1,968ft). Existing Hole #109 has been deepened to 900meters. Existing Holes #101, 102, 103 & 104 are in the process of being deepened to 600meters. Optimistically, the first results could be in the Companys hands by the end of next week. With visible indications of shear zone intercepts in the core extracted to date, the 43-101 Resource Update Report should be out in the next 2-3 months showing enhanced GOLD ounce estimates. Geologists are also continuing their preliminary work at East Bay, detailing outcrops, and performing ground survey work, in preparation for drilling later this summer.
Comment by harleyonvacatio on Jun 12, 2017 4:33pm
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Comment by ilovetojumpem1 on Jun 20, 2017 10:39am
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Comment by TicketToRide on Jun 20, 2017 9:37pm
Jumparse should get a harley with his profits and join Wolfin on his harley vacation - Sayonara boys and be on your way.  
Comment by PhillyJack on Jun 21, 2017 3:38pm
Ticket, it is important to understand that Jump and Wolfin are not responsible for the current lack of price performance in EXS. And I don't know about Jump'em, but Wolfin just as recently as a year ago was bullish on the stock. He, like myself, bought into the 2016 rumor that EXS had pulled some high-grade gold in multiple holes on its Ogden property. When that proved to be totally untrue ...more  
Comment by TicketToRide on Jun 22, 2017 10:05am
I remember that rumor and i heard it as well although it had come from someone who supposedly had connections on the ground just like Wolfin and and Jump seem to have.  But rumors happen when everyone gets riled up and things sure got quiet after that.  I fail to see what all the negative talk does to further anyone's position.  Fact IS the fault zone is there. Fact IS the ...more  
Comment by harleyonvacatio on Jun 22, 2017 3:28pm
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Comment by oilgashappy on Jun 22, 2017 7:25pm
>>> one ounce Gold per tonne from tailings.  Is this for real?????? With this kind of grade from tailing, why bother with mining!!
Comment by BrahmaViddo on Jun 13, 2017 9:40am
Got to burst your bubble again; the TPW project is not economically feasible. That's why Teck left. There are not enough tons and high enough grades in close proximity to make the project mineable! Hence why Explor has not done a pre feasibility study. They just like publishing inflated 43-101 reports that are grossly over estimated and do not use any mining parameters.
Comment by peschenlo on Jun 13, 2017 1:59pm
Hi Brahma: that`s exactly what my Teck contacts told me some months ago. the horse is dead, only idiiots will ride it when CD and his touters start another campaign
Comment by Odinson on Jun 13, 2017 2:30pm
Must be some good news around the corner, the bashterds are back!
Comment by PhillyJack on Jun 13, 2017 3:38pm
A few observations on GWT's post: 1.  I think it would be early for CD to be approaching another major about TPW.  That is why he put Plan B into effect immediately after Teck returned the property.  He wants more drill results and more data to bring to Goldcorp, Tahoe, Osisko, etc.  Therefore, the EXS drills are currently turning and going deeper.  Otherwise, the ...more  
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