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Explor Resources Inc New EXSFF

Metals & Mining Industrial Metals & Minerals
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

Explor Resources Inc New
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Comment by BrahmaViddoon Apr 28, 2016 10:21pm
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Post# 24823489

RE:RE:I Don't Get It??

RE:RE:I Don't Get It??Ted gets it !!!! Teck is NOT confident in the TPW property. They have not drilled any holes. The initial drill results have them scratching their heads wondering where the gold is that EXS says is there. If $25M in drilling gets you only 600k ounces in indicated ounces, widely dispersed into sporadic zones....well how much money will it take to get over 1M oz in a MINEABLE RESERVE?!?!?!? $100M OR $200M in drilling? It's simply not economic. READ THE DRILL RESULTS TABLE IN THE 43-101. How many intersections are greater than 5g/t AND more than 4m wide...very few. I don't see Teck staying in this for much longer. Just because the property is along a "Trend" doesn't mean there's millions of ounces. Give your head a shake heystupid (wolfin). You can wish and hope the gold is there, but it's unlikely. Mr. Market has fairly valued EXS. There is no price fixing going on here. The share price is valued based on the ounces indicated. Good luck to you longs. I may short this baby.
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