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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 by User

Bullboard Posts
Post by Goodwithtoyson Mar 21, 2016 12:01pm
342 Views
Post# 24683622

As I See It...

As I See It...Hey PhillyJack, and all longs, and longers: Starting Friday, Febuary 3rd when Tony M. stated nothing material going on, the volumes in LSG have increased exponentially. My belief, and Ive stated it here in the recent past, is that Tahoe sympathisers have been gobbling up LSG stock to ensure the vote goes through. Having watched the volumes carefully, Im 99.99% sure the deal will consummate. The old expression, Our goals are in stone our plans are in sand. seems appropriate. My interpretation of what I heard was Ogden would be drilled first. Dupont isnt 100% comfortable with target selection at Kidd, so the team has decided to do more research to ensure the right decisions are being made. That could delay things by a few weeks, but he did assure me we are most definitely going to proceed as soon as possible. So yes, we could be drilling at both locations at the same time. As far as the trading is concerned, anything is possible. However, this trader is using iceberg trades (showing a 5,000 share offer which automatically fills a 100,000 share buy, for example). This trader appears to have the ability to bypass, or jump ahead of other offers to end up first, or second in line without going to a lower offer. He posts bids to goad other buyers to move towards his offers. All in all, representing 60-85% of the daily selling over the past number of sessions, Im convinced we have a very seasoned & clever back office Brokerage Pro working our market. He/she is deeply experienced in his craft, backing off a little when appropriate, then likewise, selling aggressively when appropriate to maintain a low average price on the stock. I estimate that with the buying over the past month, and no Mr. Anonymous, the stock would easily have made .25-.30 by now. Lets remember the variety of promising prospects in the EXS/EXSFF holdings. The big boys wont be satisfied with just the TPW and/or Ogden package, as suggested. THEY WANT IT ALL!!! A premium offer to shareholders of say .30/share, on a current market average of .15 (with their help!) might look pretty attractive to many EXS/EXSFF shareholders. Dupont expected this, and renewed the Shareholder Rights Plan, specifically with this kind of scenario in mind. 100million shares o/s at .30 is a total price of CDN$30,000,000 for the entire Company? REALLY??? Cmon gang thats just a little more than the Company spent on drilling at the TPW!!!
Bullboard Posts