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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
Comment by PhillyJackon Mar 25, 2016 5:55pm
150 Views
Post# 24701228

RE:RE:RE:RE:RE:RE:RE:RE:RE:Where We Are on TPW and Ogden

RE:RE:RE:RE:RE:RE:RE:RE:RE:Where We Are on TPW and OgdenWolfin, I am absolutely on board with that strategy if this is the way CD chooses to go. Realize that EXS will need to spend much more money upfront in drilling than it would by taking on a JV partner at Ogden . . . but the potential rewards of auctioning off the 100% owned Ogden property to three potential bidders is huge. In the overall scheme of things this must mean CD is extremely confident at what lies at depth beneath this entire zone running through Timmins West. It also means he knows the awaited results from Teck are likely to be good and that an offer on TPW is forthcoming (or has already been unofficially made). Anyway, the approach you outlined would mean a little more risk to EXS shareholders, and a longer wait on Kidd Creek, but with a nice upfront payout on TPW from Teck and then a later grand finale expected on the auctioning of Ogden. So we get paid some now and then a lot more later . . . which means hold most of you shares, even on news of a TPW buyout. Count me in! Haven't had this much fun and excitement since the Bema and Arizona Star buyouts almost a decade ago, and a run-up on shares of Aber in the diamond rush before that. After the last 5 horrendous years in the junior mining space no doubt we are all due.
Bullboard Posts