$EXSFF TOWARDS 2017 Last week I provided some ins

$EXSFF TOWARDS 2017 Last week I provided some insight into the importance of three main trace metals present at the company’s Chester Copper deposit. I have heard that a number of samples from the recent drill core have been sent to the lab for analysis for Indium, Gallium & Cobalt content. I’m hopeful that the results are really good & will add significantly to the deposits value. The Induced Polarization (IP) process at the PG101 property is moving along nicely, although hampered somewhat by issues with the weather. That process should yield a number of interesting targets for a drilling program in the near future. Likewise, I’ve learned that geophysics are being performed on a couple of the company’s Quebec properties, although I have no details to offer at this time. Much of the recent Flow Through Financing demands that the funds must be spent on exploration in Quebec, so I have to believe drilling on one, or two of the company’s Quebec properties must be in the plans for 2017. Again, a reminder that a visit to the company’s website will provide tremendous insight into the various properties held by EXS/EXSFF. Complete descriptions, and geologic histories are also included for all of the company’s assets.
I had a chat with CD dwelling specifically on the price of GOLD, given its obvious importance to the equity. That was a lively debate, I assure you, as we both do a tremendous amount of reading, and pay very close attention to events around the world. I expect many of us contributing to the stock boards, and those reading our postings, are doing the same. CD shared he thought GOLD would be trading in the US$2,000 range by now. I was thinking more in the US$1,450-$1,500 range. Either way, that would have EXS/EXSFF trading at two to three times where it is at the moment, at the least. We agreed there are a number of events in the very near future which could move GOLD pricing dramatically upward, specifically the interest rate increase expected by the Fed later this month; demand from India, & China, as well as the new Islamist Laws bringing the wealth of 1.5 billion Muslims to the physical GOLD market.
I received a private message which read in part, “Was CD given any indication from Teck as to when budget approval may occur for the TPW drilling? Are you still hearing plans of Teck spending in the 2-4 million range for this new round of drilling? Hopefully CD will issue another NR with these updates/details on the drilling as they become available.” This is how I responded, “The amount of time, and effort, and money poured into the TPW by Teck to date, and the subsequent findings of all the geophysics performed, can lead to only one scenario in my mind. I truly believe Teck’s next move will be a very aggressive one. They could even exceed the $4million figure looking ahead. This notion is supported by the intense exploration west of the TPW by Tahoe, on the same geologic structure the TPW deposit sits on. I think we would be sadly wrong if we chose to think Tahoe and Teck aren’t sharing information at the corporate level? Budgetary decisions of this magnitude require senior management approval. I think that process will move more quickly when GOLD does its anticipated correction beyond $1,350. No one at EXS has any influence on Teck’s administrative process, so, when drilling will commence is still up in the air. Frustrating for all of us investors for sure, but I think Teck would be flipping idiots not to do as I’m suggesting…”