EXSFF...Broadly followed key forecasters, like Peter Schiff, Bo Polny & many, many others are echoing a significant, and rapid rise in gold, and other precious metals prices. In his UTube video, Polny, who has an unusually accurate record of forecasting, suggested that the price of gold will double. That would put it at close to $2,500US/oz. Further, he is quite insistant this event is imminent, implying it would begin within days, or weeks, at the outside. Personally, I would be happy with sustained value between $1,300-$1,400, as the effect on Gold Miners generally, and EXS/EXSFF specifically would be huge.
The average attendees at this year’s PDAC (Prospectors’ & Developers’ Association of Canada) convention in Toronto, Canada, just a few days away, are focussed on Gold. What they have read & heard will weigh heavily on which Gold Exploration Companies they will be drawn to. Explor has the advanced Timmins Porcupine West deposit and the imminent start of deep drilling adjacent to the Glencore Kidd Mine. Explor Resources is planning a drilling program at the Ogden Property, adjacent to the ongoing Metals Creek/Goldcorp drilling activity. Explor is also planning to drill the section between the Explor/ Teck TPW and the Tahoe/Lake Shore Gap144 as well. I would venture that most Mining Analysts and knowledgeable prospective investors, fund managers and stockbrokers would instantly recognize the profit potential in this $0.21CDN stock, given all that.
Over the past few weeks, with trading volume to support it, a number of 2014/2015 Private Placees exercised all or part of their warrants, predominantly set at $0.10, putting an additional +/-$400,000 into Explor’s Treasury, now totalling roughly $1,600,000. Although investors could view that as a double edged sword, it ensures that Explor has more than enough money to actualise all of the above plans, sooner rather than later, with money to spare.
Another interesting factor many will consider is the interest of the majors in the Timmins Camp. Goldcorp, Teck, & Tahoe, with Private Placements, Earn-In Agreements, and Takeover Offers, have already made their intentions very clear. I’m quite certain other majors will follow. When any of these potential suitors completes their due diligence, chances are pretty good they’ll be fighting over EXS/EXSFF. The rumble can only push the stock price higher….
The average attendees at this year’s PDAC (Prospectors’ & Developers’ Association of Canada) convention in Toronto, Canada, just a few days away, are focussed on Gold. What they have read & heard will weigh heavily on which Gold Exploration Companies they will be drawn to. Explor has the advanced Timmins Porcupine West deposit and the imminent start of deep drilling adjacent to the Glencore Kidd Mine. Explor Resources is planning a drilling program at the Ogden Property, adjacent to the ongoing Metals Creek/Goldcorp drilling activity. Explor is also planning to drill the section between the Explor/ Teck TPW and the Tahoe/Lake Shore Gap144 as well. I would venture that most Mining Analysts and knowledgeable prospective investors, fund managers and stockbrokers would instantly recognize the profit potential in this $0.21CDN stock, given all that.
Over the past few weeks, with trading volume to support it, a number of 2014/2015 Private Placees exercised all or part of their warrants, predominantly set at $0.10, putting an additional +/-$400,000 into Explor’s Treasury, now totalling roughly $1,600,000. Although investors could view that as a double edged sword, it ensures that Explor has more than enough money to actualise all of the above plans, sooner rather than later, with money to spare.
Another interesting factor many will consider is the interest of the majors in the Timmins Camp. Goldcorp, Teck, & Tahoe, with Private Placements, Earn-In Agreements, and Takeover Offers, have already made their intentions very clear. I’m quite certain other majors will follow. When any of these potential suitors completes their due diligence, chances are pretty good they’ll be fighting over EXS/EXSFF. The rumble can only push the stock price higher….
