OTCPK:EXSFF - Post by User
Post by
starresultson Oct 13, 2014 10:08pm
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Post# 23024727
LOOK AT THIS GREAT INSIGHT BY DETONATOR66/MB
LOOK AT THIS GREAT INSIGHT BY DETONATOR66/MBGR: Since you like Explor so much, can you elaborate a little more on its prospects?
MB: First let me say in the interest of full disclosure that I am a shareholder and our firm and I have been corporate finance and investment banking representatives for this company since May 2007. Explor is in the heart of the Abitibi Greenstone belt, which is a geological environment stretching from north of Duluth, Minnesota, across the top of Ontario and into northern Quebec. Over the last 120 years, the Abitibi Greenstone Belt has produced 180 Moz. of gold and 450 Mts. of copper-zinc ore.
I'm very impressed with Explor's CEO and president, Chris Dupont, who is a seasoned ex-Inco, ex-Noranda mining engineer born in the heart of the Abitibi. He knows the area very well. The land package that Explor has put together is the biggest quality package of any junior I've ever seen and it is largely within the Abitibi Greenstone Belt.
As I mentioned, the one that is the most exciting in the gold arena right now is an acquisition they made in 2009 in the Timmins Porcupine, west of the Mattagomi River in Timmins, Ontario. Over the last 100 years, 70 Moz. of gold have been produced out of Timmins.
DISCLOSURE:
1) Zig Lambo of The Gold Report conducted this interview. He personally and/or his family own shares of the following companies mentioned in this interview: None.
2) The following companies mentioned in the interview are sponsors of The Gold Report:Explor Resources Inc.
3) Michael Ballanger: I personally and/or my family own shares of the following companies mentioned in this interview: Explor, Tinka, Hinterland, Taku and KAM. I personally and/or my family am paid by the following companies mentioned in this interview: U.S. is paid investment banking fees on financings associated with Explor, Hinterland, Taku, Stakeholder, and Tinka.