Next week and some thoughtsNext week should be interesting. Hopefully we continue to see accumulation and stay above the 50 cent level or better yet, get a pop in anticipation of the upcoming news. DId the Investors Business ad get posted last Friday? If anyone can get a copy of it, it would be great if you could scan and post it.
Thanks to those who posted responses regarding my question on Hole 7.
Eastford Lake has been getting much of the attention lately and the great potential in the Kidd drill program is just around the corner, the Launay property has been put on the sidelines. It's remarkable that a company like EXS with so many plays still remains to have such a low Market Cap. The aquisition of the Launay property is how I first found out about EXS as the Royal Nickel property is the flagship investment of Juno Special Situations corp. (which I am a shareholder of). Most already know this but for those who don't, taken from the Explor press release April 2007.
"
The Launay Nickel Project is contiguous with and to the northwest of the 4,080 hectare Royal Nickel Property as shown in the attached plan. The Royal Nickel Property covers the entire Dumont nickel deposit which is cited to contain 175,000,000 tonnes at 0.47% nickel (Geological Survey of Canada report -1986) and the Royal Nickel website."
https://www.explorresources.com/media/pdf/Launay-geology-map.pdf
The Royal Nickel property is one of the biggest undeveloped Nickel Deposits in the world. My feeling is that Royal Nickel is planning to do an IPO with the hope of it being bought out by one of the majors to take it to production. The Explor property is an extension of the RN deposit and once RN IPOs or in the longer term if the RN property goes to production, the value of Explors portion (although relatively small) should be realized. Should be interesting. Just some thoughts.