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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 Jul 04, 2016 9:32pm
243 Views
Post# 25021661

RE:RE:VMS Here We Come!!

RE:RE:VMS Here We Come!!Risssk, I thought GWT's most recent message needed little or no  decoding, LOL.  In fact, I was surprised at how much we are suddenly being told.  It is becoming obvious to me that EXS's excitement over the potential for a deal at TPW has been lately tempered by a growing fear that a hostile takeover attempt may be in the works.  What some of the bashers may mistake for blatant pumping may in fact be EXS's sudden realization that its low share price has made it a target.  Why pay full price for EXS's portion of TPW when you can take out the entire company for pennies on the dollar?

The info about EXS knowing exactly where to drill at Kidd Creek was known to people close to EXS for some time, but not made public on these boards until today.  The fact that EXS seems suddenly concerned that it may be the subject of a hostile takeover bid tells us that a deal for TPW is not yet in place, and that EXS is currently asking more $$$ than the potential buyer of TPW is willing to pay.  Figure EXS will be looking to release Ogden results as quickly as possible, especially if they are good.  And news of a VMS strike at Kidd Creek will reach our ears very, very quickly.

Significant  news has been hard to come by in 2016, especially with the news blackout on TPW imposed by Teck.  With EXS now having pressing reasons for releasing news and getting its share price up, expect EXS to become something of a serial news release publisher in the immediate weeks ahead.  We will all be hearing about Kidd Creek, Ogden, TPW, and perhaps even East Bay in short order.  This week, EXS needs to chew through that large sell order, and chew through it fast.  A news release of real substance will go a long way towards removing this first obstacle.

GLTA,
PJ
Bullboard Posts