Explor Resources Inc New EXSFF

Again another PP

[Wallstr62]

and this when drill results are imminent ??? No finders fee .... an insider ??? This is the biggest bet from CD ever or an immense scam. dyodd

[PhillyJack]

Buried in the details of this private placement was that 90% of the proceeds are to be used for the Quebec properties. Not TPW, and not Chester. Only for Quebec. Interesting.

[forzacalabria]

One has to assume its for east bay Secondly...that there are joint venture deals or buyouts on the table for tpw and chester.. Anyway...funny thing about exs...when everyone thinks its down and out ...it can rocket... I will never forget the rocket ship that was eastford lake drill results... Anyone else result those halcyon days?

[PhillyJack]

IMO, if there is any deal in the works it will be for Chester. CD would not be ready to talk about TPW until the reserves there were increased and EXS had made further progress in validating the HMC model. Basically, CD wants to prove Teck wrong and come up with a stronger deal on TPW the second time around. I agree the PP money would probably be for East Bay. Obviously there is a big EXS investor

[Kraken74]

FYI, the only operating mines that I know of in the vicinity of Chester is Trevali's Caribou and Half Mile mines, 50km and 25km away respectively.  They are also exploring the Heath Steele property, also approx 25km away.  The Caribou mill has circuits for Lead, Zinc and Silver.

[forzacalabria]

About 200 000 shares purchased atbthe ask inbthe final 30 mins of trading. Gentlemen start your engines. All signs point to serious accumulation of this stock And its definitely not coincidental

[PhillyJack]

Should be another interesting final hour today.  I bought a few thousand more in the a.m. to avoid the closing rush.  Am topped off for now.  GLTA.  Hope results from TPW are soon and that they cause a re-rating of this stock.

[goldspinner]

Hi PhillyJack, nice you bought alittle more, then EXS touched 9.5 cents before closing at 9 cents...Good strong week trading 8 cents and above leading up to TPW drilling results after the holiday... There is definitely great anticipation with new buyers seeing the potential... East Bay property has Iamgold on EXS border there and the PP will enable exploration for that promising Duparquet region