OTCPK:EXSFF - Post by User
Post by
goldspinneron Jul 24, 2016 12:07pm
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Post# 25079612
RE: OIL
RE: OILOne other thing some of us may take into consideration...If it is perceived by a potential investor in EXS, that is is "good timing" would this potential takeover or interest even in TPW have peaked interest due to the fact of the increased gold value gained by a Canadian company dealing in Canadian $$$$...It is not beyond interpolation for companies or potential investors to discern the added value in this time which is quickly approaching previous gold prices once you add in the exchange between Canadian dollar and US dollar...Anyone looking ahead in the short term future with regards to the OIL price see it going UP in the next two years....that in essence will most likely solidify the Canadian dollar lessening the added "bonus" of the exchange difference...Thus, there is a probability where the Canadian dollar will strengthen over the next 2 years and US dollar may weaken...(Teck will have confidence in this knowing that their oil project where they own 20% of fort hills looks like it could pan out rather than what the doom and gloom sayers have indicated since last year...also they may feel positive with those indicators rather than years ago before the previous big drop in share price when they mistakenly put a huge investment...billions $$$ in coking coal just before the crash thus extending themselves...) This would provide impetus for forward looking investors in EXS to act now rather than later...what do you think?...