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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 > A DEAL LOOMING?
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Post by Goodwithtoys on Sep 27, 2017 10:10am

A DEAL LOOMING?

On a number of occasions, I have suggested our fate lies in the price of GOLD. Generally speaking, that price has been a function of the undulating USD, sensitive to the relentless musings of the Federal Reserve, and geopolitical events. Most of us with holdings in any GOLD related equity follow a variety of websites, and newsletter writers, in an effort to better understand the future value of GOLD. Recently, some opinion suggests that value will see a retracement, representing a great opportunity to buy into physical GOLD, futures contracts, and GOLD equities. A prevailing 75% of the writers I follow are very bullish on GOLD moving forward, with opinions ranging from USD$1,400/oz, to an unbelievable $10,000, projected as early as year end. As an ageing parent, & grandparent, my financial legacy is of paramount importance to me, so my research, & subsequent decisions, take on an even deeper meaning than ever before. So, why do I keep buying more Explor? Firstly, I love the current price. Secondly, I know, and have come to respect, the Companys management, and their professionalism. Most of all, following another reading of the Companys Management Discussion & Analysis (MD&A) found at www.sedar.com, you cant help but be impressed with the hectares, and hectares of prime exploration projects on the Companys books. The first 35 pages of the report are devoted to the history, and progress to date, on each & every Explor property asset. Dupont has made at least three trips to Toronto over the past few months. Ive heard a number of CAs (Confidentially Agreements) have been signed by parties interested in looking at specific properties, or Earning-In on others. Would he really be planning $2million in fall drilling campaigns to extend the resources at the Timmins Porcupine West GOLD Deposit (TPW), and the Chester Copper Deposit, if he wasnt completely convinced he would have the money? Names like Tahoe, Goldcorp, Osisko, & McEwen have come to mind, & mentioned as realistic candidates for possible deals. So, my contention is that were close to a major announcement. What, & who eludes me, although I do believe well all be impressed.
Comment by PhillyJack on Sep 27, 2017 2:39pm
Very interesting post by Good With Toys. Mainly not for what he said, but for what he didn't say. A certain high-profile EXS property, scheduled for fall drilling, was not mentioned. Also, a certain potential major mining company adjacent to that property was also not included in the list of names mentioned as "realistic candidates for possible deals." Please reread "A Deal ...more  
Comment by goldspinner on Sep 27, 2017 3:27pm
As shareholders, it is very easy to get side tracked with blinders on, not looking ahead to see the long term vision (especially when the share price is not going favourably). Yet, it is essential to understand that day in day out C.D. has kept this view intact. When there is an NR that even is released unexpectedly from our viewpoint...it is the result of steady hands behind the scenes...EXS has ...more  
Comment by wittbee on Oct 07, 2017 9:20am
This post has been removed in accordance with Community Policy
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