Posted On: 02/15/2016 9:26:30 AM
Post# of 154
EXSFF...Firstly, thank you J.P.Morgan, and all your friends, for the hard work you did overnight, to ensure the price of gold opened lower today!! And thank you ‘Wolfin13”(Stockhouse Bullboard EXS).Having listened to the radio interview with Michael Campbell, I was pleasantly surprised to hear James Dines (The Dines Letter… thedinesletter.com) state his belief gold was heading to the US$3,000-$5,000 level. That’s tremendous validation to comments I have made dating back over the past 18 months or so that gold will easily breach $2,000-$2,500 levels. It seems that with each passing day, more & more is being written about the downturn in the equities markets around the world, and gold, as the ‘safe-haven’ of choice. A majority of opinion, both mainstream, and obscure, are noticeably moving towards gold. As ‘mycashsgoesohno’ pointed out, the Chinese didn’t even participate in the $80 pop we saw last week. So, one can only imagine what this week brings on the gold markets?
As I’ve mentioned before, I started buying EXS/EXSFF in June, 2014 on its merits as one of the finest of the gold exploration sector in Canada. The flagship Timmins Porcupine West property is a highly advanced gold bearing deposit, open at both ends of a defined 2,000 meter strike length, and also open at depth. Having seen the Hollinger/McIntyre 3D modelling of the deposit done by Explor, based on all drill core back to the 1920’s, I have no doubt we have a world class deposit in the 30-40million ounce range. That’s a tough one to swallow, but Chris Dupont has been doing this kind of work since the early 70’s. His opinions on the matter are compelling.
The interest in EXS/EXSFF has been growing in this new year, as gold prices have surged forward. It would follow then, as gold prices escalate, the share price of EXS/EXSFF should escalate accordingly??
Another factor I found quite interesting is “Peak Gold” as explained in a one minute youtube deal at www.youtube/watch?v=SsGEnZI2K3g by Brent Cook of ‘Exploration Insights’. Some 50million ounces of gold are ‘consumed’ every year, however, only 30million ounces of new production is coming on-stream!! That can only add to the majors’ interest in the TPW.
Based on the geology at TPW, and the Lake Shore Drilling Gap144 drilling resultsToronto-LSG, I boldly suggested that the two could be connected along identical trends shared by both. With due respect to some of our favorite naysayers, only more drilling will prove that contention to have merit. Bear in mind, however, the TPW is ‘open’ at the end closest to LSG’s Gap144, which, I hear, is less than a kilometer away!
With the Second Tranche of the Private Placement closing imminently, there may be enough cash to warrant exploration of the section between the Gap144 & the TPW, and/or the Ogden property, sitting very closely nearby.
The unusual delay in Teck releasing drilling results at TPW to Explor, completed Dec 15th, 2015 gives cause for concern. It’s two months later, and nothing yet? That, with absolute appreciation of Explor’s Directors’ fiduciary responsibility to EXS/EXSFF shareholders, given TPW is Explor’s flagship property? Almost makes me want to think Tahoe, and/or Goldcorp and/or Teck are having discussions behind the scenes??? Does that really sound like a stretch?
Regardless of what you choose to believe, or not, I continue buying this dream, believing it will come true in the very near future…
As I’ve mentioned before, I started buying EXS/EXSFF in June, 2014 on its merits as one of the finest of the gold exploration sector in Canada. The flagship Timmins Porcupine West property is a highly advanced gold bearing deposit, open at both ends of a defined 2,000 meter strike length, and also open at depth. Having seen the Hollinger/McIntyre 3D modelling of the deposit done by Explor, based on all drill core back to the 1920’s, I have no doubt we have a world class deposit in the 30-40million ounce range. That’s a tough one to swallow, but Chris Dupont has been doing this kind of work since the early 70’s. His opinions on the matter are compelling.
The interest in EXS/EXSFF has been growing in this new year, as gold prices have surged forward. It would follow then, as gold prices escalate, the share price of EXS/EXSFF should escalate accordingly??
Another factor I found quite interesting is “Peak Gold” as explained in a one minute youtube deal at www.youtube/watch?v=SsGEnZI2K3g by Brent Cook of ‘Exploration Insights’. Some 50million ounces of gold are ‘consumed’ every year, however, only 30million ounces of new production is coming on-stream!! That can only add to the majors’ interest in the TPW.
Based on the geology at TPW, and the Lake Shore Drilling Gap144 drilling resultsToronto-LSG, I boldly suggested that the two could be connected along identical trends shared by both. With due respect to some of our favorite naysayers, only more drilling will prove that contention to have merit. Bear in mind, however, the TPW is ‘open’ at the end closest to LSG’s Gap144, which, I hear, is less than a kilometer away!
With the Second Tranche of the Private Placement closing imminently, there may be enough cash to warrant exploration of the section between the Gap144 & the TPW, and/or the Ogden property, sitting very closely nearby.
The unusual delay in Teck releasing drilling results at TPW to Explor, completed Dec 15th, 2015 gives cause for concern. It’s two months later, and nothing yet? That, with absolute appreciation of Explor’s Directors’ fiduciary responsibility to EXS/EXSFF shareholders, given TPW is Explor’s flagship property? Almost makes me want to think Tahoe, and/or Goldcorp and/or Teck are having discussions behind the scenes??? Does that really sound like a stretch?
Regardless of what you choose to believe, or not, I continue buying this dream, believing it will come true in the very near future…
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