This is a direct quote from the official Teck website. ”Our exploration objective is to access high quality, sustainable growth opportunities through the discovery or acquisition of top-tier mineral deposits. We succeed by combining in-house expertise, innovative technologies and exploration partnerships in our overall business plan.”
Here's the link so you can read that, and more for yourself:
http://www.teck.com/Generic.aspx?PAGE=Teck+Si...talName=tc
Given the wording they have used, I would be led to believe that Teck sees TPW as a ‘top-tier mineral deposit’, and a ‘high quality sustainable growth opportunity’. That unto itself speaks volumes to the potential of EXSFF as an investment. Now add that we are so close to Teck’s initial drilling campaign on the TPW site, and news to that effect forthcoming, I would think that new buyers will be looking at and will be motivated to enter the EXSFF market.
As has been pointed out in earlier posts, what Teck is currently doing, or about to do at TPW does not constitute a ‘material change’ necessitating a News Release, given the size and scope of their worldwide operations. However, for EXSFF its huge news that Teck is drilling the property. Remember, EXSFF spent $20 million to drill in excess of one hundred holes on the property. The subsequent independent 43 -101 report based on the drilling results clearly shows we have one million ounces of gold in the ground.
In spite of all that, Teck took months to perform their own tests (‘combining in-house expertise, innovative technologies’); did their own analysis, and have drawn their own conclusions. After all that time and expense, wouldn’t it follow they have great confidence in what their core will yield?
My confidence in this lengthy process has been unwavering, and I bought more stock on Friday. I will be adding more to my position on Monday. I anxiously await the arrival of the drilling crew on the site….
Here's the link so you can read that, and more for yourself:
http://www.teck.com/Generic.aspx?PAGE=Teck+Si...talName=tc
Given the wording they have used, I would be led to believe that Teck sees TPW as a ‘top-tier mineral deposit’, and a ‘high quality sustainable growth opportunity’. That unto itself speaks volumes to the potential of EXSFF as an investment. Now add that we are so close to Teck’s initial drilling campaign on the TPW site, and news to that effect forthcoming, I would think that new buyers will be looking at and will be motivated to enter the EXSFF market.
As has been pointed out in earlier posts, what Teck is currently doing, or about to do at TPW does not constitute a ‘material change’ necessitating a News Release, given the size and scope of their worldwide operations. However, for EXSFF its huge news that Teck is drilling the property. Remember, EXSFF spent $20 million to drill in excess of one hundred holes on the property. The subsequent independent 43 -101 report based on the drilling results clearly shows we have one million ounces of gold in the ground.
In spite of all that, Teck took months to perform their own tests (‘combining in-house expertise, innovative technologies’); did their own analysis, and have drawn their own conclusions. After all that time and expense, wouldn’t it follow they have great confidence in what their core will yield?
My confidence in this lengthy process has been unwavering, and I bought more stock on Friday. I will be adding more to my position on Monday. I anxiously await the arrival of the drilling crew on the site….
