EXSFF...There is no doubt that any change in the price of gold appears to have an impact on EXS/EXSFF. This is a terrific indicator to the ‘Day Trader’, who wants his beer money before the ink is dry on his trade, be it 1,000 or 50,000 shares. They run their lives on half or one cent trades, congregate at the lower priced bars after the close, and brag about how much money they made, screwing around in unsuspecting markets. Although an awful nuisance most of the time, they are a fact of life all public markets doing any volume have to live with. Here’s the thing though. When they choose to sell to the downside, real investors can move in to take advantage of the opportunity to pick up stock a little cheaper.
The EXS/EXSFF story hasn’t changed overnight. The distance between the Lake Shore Gold Gap 144 and Explor’s Timmins Porcupine West property (less than 1,000m) hasn’t gotten any wider. The 3000m (10,000FT) drill rig is still mobilized and ready to roll adjacent to the Glencore Kidd Mine. The $1,200,000 Explor just raised by way of Private Placements and Debentures sits in the bank awaiting drilling instructions.
The perception that today’s Goldcorp story somehow puts a blight on the whole sector is ludicrous, although main stream media would have us think otherwise. Their gold production numbers moving forward can, and will be enhanced in whatever ways are possible. New ground is what they must have moving forward. In spite of what we’re all hearing, they have a very rich treasury, and a more pressure to use it!
The PDAC (the world’s largest convention of mining executives held every March in Toronto) starts in a week from now. With the rise in gold, the expectation is that the Brokerage community will be out in force, including many Mining Analysts, representing the interests of major brokerage firms; venture capital groups and angel investors from around the world. Add them to the expected greater numbers of private investors, and a preliminary assessment is that the exposition will break all time attendance records this year. Explor will have a well manned booth. A video of the TPW deposit model will be running on a loop. Chris Dupont will be in attendance, doing video interviews with a variety of News Services, and Mining Publications from around the world. Explor’s booth expects to be crazy busy!
Further, Goldcorp, Tahoe, Lake Shore, Oban and Teck will all be there as well….hmmmm….
The EXS/EXSFF story hasn’t changed overnight. The distance between the Lake Shore Gold Gap 144 and Explor’s Timmins Porcupine West property (less than 1,000m) hasn’t gotten any wider. The 3000m (10,000FT) drill rig is still mobilized and ready to roll adjacent to the Glencore Kidd Mine. The $1,200,000 Explor just raised by way of Private Placements and Debentures sits in the bank awaiting drilling instructions.
The perception that today’s Goldcorp story somehow puts a blight on the whole sector is ludicrous, although main stream media would have us think otherwise. Their gold production numbers moving forward can, and will be enhanced in whatever ways are possible. New ground is what they must have moving forward. In spite of what we’re all hearing, they have a very rich treasury, and a more pressure to use it!
The PDAC (the world’s largest convention of mining executives held every March in Toronto) starts in a week from now. With the rise in gold, the expectation is that the Brokerage community will be out in force, including many Mining Analysts, representing the interests of major brokerage firms; venture capital groups and angel investors from around the world. Add them to the expected greater numbers of private investors, and a preliminary assessment is that the exposition will break all time attendance records this year. Explor will have a well manned booth. A video of the TPW deposit model will be running on a loop. Chris Dupont will be in attendance, doing video interviews with a variety of News Services, and Mining Publications from around the world. Explor’s booth expects to be crazy busy!
Further, Goldcorp, Tahoe, Lake Shore, Oban and Teck will all be there as well….hmmmm….
