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  4. Explor Resources Inc. (EXSFF) Message Board

$EXSFF GOLD $5,000??? Not to sound like an endorse

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Post# of 154
Posted On: 11/22/2016 10:07:08 AM
Posted By: Goodwithtoys
$EXSFF GOLD $5,000??? Not to sound like an endorsement, but Doug Casey is a very well known, & world renown GOLD investor. ‘The Casey Report’ has been published since the late seventies. I listened intensely to his most recent newsletter promo, and was impressed with the reasons put forth for a massive move on GOLD. He specified the date December 31st as the beginning, perhaps sooner, for GOLD to move to $5,000US. He has predicted massive moves on GOLD CORRECTLY on three previous occasions. His general philosophy is that for every dollar upward movement in the price of GOLD, investment in GOLD exploration companies has a potential return of 10-30 times, and that’s where he places his money, rather than Futures, or Bullion. His reasoning seems sound, and you can access the 15minute promo at the following link: https://www.caseyresearch.com/cm/date-gold-is...esentation. Obviously, one needs to keep their own counsel on this opinion. Just for fun, let’s pretend he’s only half right this time, and GOLD goes to $2,500/oz. Obviously, companies like Barrick would see their shares double, or triple. Any company with production, or near production, would see the same result. Following Casey’s philosophy, what about EXS/EXSFF?? The TPW advanced exploration project would certainly make the company a preferred investment amongst the explorers, wouldn’t it? Given the preceding thoughts, the forthcoming Teck announcement has even more significance. I’m hearing its slated for release later this week, but, as usual with those guys, I’m not holding my breath! We should, however, see some partial results from the recent drilling on the Chester Copper property in New Brunswick. Most of us are aware of the massive recent uptick in Copper, currently at $2.53US/lb. I’ve been hearing the drill program had some really nice intersections, within 200meters of surface, making this a realistic open pit candidate. An established relationship with Teck, focussed on Copper, might be useful down the road?? Lastly, the bulk of the recent financings were of a Flow Through nature, meaning they have a tax benefit to the participants. The Company, however, to maintain that tax exemption, must spend the $1.4million to date on exploration drilling by the end of 2017. Geophysics, in preparation for drilling, are being performed on three separate properties as I write, so, obviously, CD has some candidates in mind….


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