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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 > Third tranche of shares ....
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Post by Blizzard0002 on Sep 02, 2017 6:04am

Third tranche of shares ....

This is certainly looking like a dilution . Starting to doubt EXS and CD. Patience are starting to wear thin like the value of this stock !
Comment by forzacalabria on Sep 02, 2017 9:55am
As pog and poc go up, this will explode. All area plays like mek and mkr and rpr should be bought. Only my opinion.
Comment by slimmoney on Sep 02, 2017 11:02am
This has been going on for many years.  Understand that explorers need to raise money to drill which inherently leads to dilution.  Issue is looking back has any of this led to to any appreciation in shareholder value?  A quick glance at stock price and history provides the answer.
Comment by forzacalabria on Sep 02, 2017 6:23pm
There have been times that exs has rallied over the years.  The same can be said about many penny stocks.   The only way we rally big time is to keep drilling, hitting,  and having the POG keep rising. We are finally leaving the bear market that started for gold in 2011. Once POG gets rolling, as we all assume it will, this stock will not have a market cap of 10 to 15 ...more  
Comment by Brillo2 on Sep 05, 2017 4:30pm
This is all true Slim, but we are in gold country, with great infasctructure and I'll agree not many hit the "Pot of Gold". But remember Hemlo and a little company that was broke several times, but Mr Friedland kept promoting and finding cash, then turned the penny stock into about $144 (pre split) when he sold Diamond Fields(for $4.3 Billion) to Inco in April of 1996.
Comment by forzacalabria on Sep 05, 2017 5:53pm
Big bids keep popping up. Wonder who wants in?
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