$EXSFF...WHY EXPLOR? Most of us are aware of Tahoe Resources’ very serious problems at their massive Escobal silver mine in Guatemala. Beginning in June, local protesters initially blocked access to the silver deposit, and over the past couple of months, gained the support of the courts to shut down operations. With no solution in sight, the future of the mine appears quite grim. Tahoe’s stock price closed August 25th at CDN$5.58, down over 50% since mid June. Tahoe’s situation speaks volumes to Dupont’s focus in politically stable Canada. All of Explor Resources(EXS/EXSFF/E1H1) exploration assets are focussed in Ontario, Quebec, and New Brunswick. Tahoe is rumoured to be one of the serious suitors interested in Explor Resources Timmins Porcupine West GOLD Deposit (TPW), especially given the resource is adjacent to their Gap 144 GOLD Resource. With pressure from their shareholders, I would think the Tahoe directors would want to put out some GOOD news? As an unhappy Tahoe shareholder, acquisition of the largest porphyry ever found in the Timmins Porcupine Destor Fault, with an HMC Model suggesting 20-30million ounces of GOLD, would make me a lot happier! With the added scramble for regional GOLD assets by Goldcorp, Kirkland Lake, and more recently, McEwen, I suggest the proposed 5-10,000meter drilling campaign slated for this fall at the TPW, may, in fact, be financed by others. I suspect proposals are being prepared for Dupont, and the Board to consider?
Dupont is in Val d’Or, Quebec this week, meeting with the geologists that performed the preliminary work on the company’s East Bay GOLD property block. Explor is the single largest property holder in the Duparquet GOLD Camp, holding some 11,000hectares. IAMGOLD is the second largest in the region. Apparently, following a meticulous geophysics program, some 80 grab samples were sent to a lab in Val d’Or for multiple element testing. Dupont is undoubtedly hopeful the results will be available, as they are a meaningful component in deciding where to drill the 3,000meters proposed on East Bay. I’m also hearing he will be in Timmins for a number of meetings during the week. I know some of Explor’s largest shareholders are anxious to hear from him personally about plans moving forward. I’m guessing he may be meeting with the odd TPW suitor as well?
Lastly, I’m hearing an influential M&A group is developing a comprehensive presentation on Explor to present to prospective financiers; possible Joint Venture Partners; and serious mineral property buyers. Well experienced in the field, I’m expecting some interesting developments from them over the next couple of months.
(0)
(0)
Explor Resources Inc. (EXSFF) Stock Research Links
Category: InvestingTotal Views: 57 By : EditorUpdated: 05-05-2024
Introduction
Investing in mutual funds has long been a popular choice for individuals seeking to grow their wealth through a diversified portfolio managed by professional fund managers. As we look ahead to the second half of 2024, it's crucial to identify mutual funds that not only have a strong track record but also align with the evolving economic landscape and your personal investment goals. In this comprehensive guide, we'll explore the 10 best mutual funds to consider for your in... Continue Reading
Category: StocksTotal Views: 133 By : EditorUpdated: 05-05-2024
The Real Good Food Company Inc. (NASDAQ: RGF) has been making headlines, but not necessarily for the reasons investors would hope for. With a stock price that has been on a roller coaster ride, it's time to dissect the company's recent activities, financial maneuvers, and strategic decisions to understand where it stands in the current market landscape.
Company Profile
The Real Good Food Company Inc. (RGF), known for its health and wellness-focused frozen food products, operates in... Continue Reading
Category: StocksTotal Views: 131 By : EditorUpdated: 05-05-2024
Northwest Biotherapeutics Inc. (NWBO), a biotechnology firm, has been a subject of interest for investors and industry observers alike. This company, operating in the healthcare sector and specifically within the biotechnology industry, has made strides in developing personalized immune therapies for cancer. Let's delve into the details of NWBO, its operations, financials, and technical analysis to understand its market position and future prospects.
Company Profile and Operations
Foun... Continue Reading
Category: MarketsTotal Views: 90 By : EditorUpdated: 05-04-2024
The stock market in 2024 presents a unique landscape for investors, shaped by the aftermath of a global pandemic, technological advancements, and shifting economic policies. As we delve into this year's market dynamics, it's crucial for investors to stay informed and adapt their strategies to capitalize on growth opportunities while mitigating risks. In this comprehensive guide, we'll explore the key factors influencing the 2024 stock market and provide actionable insights for invest... Continue Reading
Category: StocksTotal Views: 150 By : EditorUpdated: 05-04-2024
The AI sector continues to be a hotbed of innovation and growth, with companies across the globe racing to harness the power of artificial intelligence. As we delve into the best AI stocks to watch in 2024, we'll provide a detailed analysis of each company's financial health, market position, and future prospects. Here are the top 10 AI stocks that should be on every investor's radar:
1. NVIDIA Corporation (NVDA)
Market Position and Financial Performance:
Nvidia remains a... Continue Reading
Category: InvestingTotal Views: 292 By : EditorUpdated: 05-04-2024
As we step into May 2024, investors are faced with a unique set of challenges and opportunities in the financial markets. With the Federal Reserve's recent decisions, economic indicators, and market trends, it's crucial to approach investments with a well-informed strategy. Here are some investment tips to help you navigate the financial landscape this month.
Understanding the Current Economic Environment
Before diving into investment strategies, let's assess the current econom... Continue Reading
Introduction
As we step into the second half of 2024, the financial landscape continues to evolve, presenting new challenges and opportunities for individuals looking to manage their money effectively. Whether you're a seasoned saver or a financial novice, understanding the basics of personal finance is crucial to achieving your financial goals. This comprehensive guide will walk you through the essentials of personal finance for dummies in 2024, offering practical advice and actionable t... Continue Reading
Category: StocksTotal Views: 254 By : EditorUpdated: 05-04-2024
Introduction
In the world of investing, penny stocks are like the Wild West: lawless, unpredictable, and not for the faint of heart. They're the stocks that big-time investors scoff at over their morning coffee, yet they hold a certain allure for those looking to strike it rich on a shoestring budget. Today, we're diving into the murky waters of penny stocks trading under 10 cents as of May 4, 2024. Buckle up, it's going to be a bumpy ride.
What Are Penny Stocks?
For the uni... Continue Reading
Category: MarketsTotal Views: 229 By : EditorUpdated: 05-04-2024
As we stare down the barrel of another trading week, investors are grappling with a market that's as predictable as a teenager's mood swings. Here's what you should keep your eyes peeled for, unless you enjoy the thrill of being blindsided.
Earnings Season Continues
Earnings season is like the Wall Street equivalent of a reality TV show – full of drama, surprises, and the occasional meltdown. Next week, a slew of companies will step into the earnings confessional. Expecta... Continue Reading
Category: StocksTotal Views: 312 By : EditorUpdated: 05-03-2024
Introduction
Safe & Green Holdings Corp. (NASDAQ: SGBX), previously recognized as SG Blocks Inc., has distinguished itself within the modular construction sector. This innovative company specializes in transforming cargo shipping containers into versatile building materials, a process that not only promotes sustainability but also offers a unique approach to construction. By repurposing these containers, Safe & Green Holdings Corp. addresses the growing market demand for eco-friendly ... Continue Reading