OTCPK:EXSFF - Post by User
Comment by
PhillyJackon Dec 28, 2016 4:17pm
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Post# 25648017
RE:BRIGHT NEW YEAR?
RE:BRIGHT NEW YEAR?Solid update, GWT. We should see some slowing of the selling of shares after the tax loss season. I don't know if Tahoe's activity to the west of TPW will inspire Teck to accelerate efforts on TPW. Rather, they seem to be taking a wait-and-see attitude, perhaps hoping for Tahoe to make another strike along or close to the border. No doubt Teck would like to be in a position to flip TPW to Tahoe and make multiples of their initial investment at TPW. Many on this board (and in Timmins) have speculated that Tahoe will be the ultimate owner and operator at TPW. The only problem with that scenario is that EXS has invested a lot more time, money, and effort into developing TPW than Teck has. However, the property will be worth what the property is worth at what the market will bear. This is not the fault of CD or EXS, just that Teck was able to cherry pick this project at the depths of an atrocious precious metals bear market. GLTA.