OTCPK:EXSFF - Post by User
Comment by
PhillyJackon Mar 21, 2016 10:21pm
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Post# 24686288
RE:RE:Perhaps A Warning
RE:RE:Perhaps A Warning
Good reply and analysis, H.S. At $2,000 gold and much higher copper prices, CUU is going to fly. It is a cheap out-of-the money call option on gold and copper prices. CUU has a resource that will some day be mined at a solid profit, but not now and not tomorrow. However, EXS is building and confirming a high-grade world-class gold resource in an historical gold district with first-class infrastructure and experienced mining talent and labor. It can produce a proift now and in just about any other gold price environment past or future. Once the HMC model is confirmed by Teck (and that has likely already happened), there is no reason for Teck to wait on buying out TPW and Ogden and building the next Dome, Hollinger, or McIntyre lookalike mine. If Teck can join forces with Tahoe and combine properties (and also use the nearby LSG-Tahoe mill), Teck and Tahoe will be printing money for the next 50 years.