I'm just baffled by the recent trading activity in Explor. Gold is in the USD$1,330 range, and Copper USD$3.11. Those prices, when considered in relation to the Timmins Porcupine Gold Deposit, and the Chester Copper Deposit in New Brunswick, should easily suggest a minimum $30-40million Market Cap.
Explor Resources Inc.
Explor Resources Inc. (CVE:EXS) (OTCMKTS:EXSFF) (FRA:E1H1) is a Canadian-based natural resources company with mineral holdings in Ontario, Quebec, Saskatchewan and New Brunswick. Explor is currently focused on exploration in the Abitibi Greenstone Belt. The belt is found in both provinces of Ontario and Quebec with approximately 33% in Ontario and 67% in Quebec. The Belt has produced in excess of 180,000,000 ounces of gold and 450,000,000 tonnes of cu-zn ore over the last 100 years. The Corporation was continued under the laws of Alberta in 1986 and has had its main office in Quebec since 2006.
Most of us are aware of Tahoe Resources' very serious problems at their massive Escobal silver mine in Guatemala. Beginning in June, local protesters initially blocked access to the silver deposit, and over the past couple of months, gained the support of the courts to shut down operations. With no solution in sight, the future of the mine appears quite grim.
Explor Resources Inc. (CVE:EXS) (OTCMKTS:EXSFF) (FRA:E1H1) announces today that it has granted an aggregate of 4,900,000 incentive stock options to directors, officers and consultants of the Corporation pursuant to its stock option plan.
Both of the following interviews were conducted after the NR last Friday outlined the results of the drilling program at Explor's Timmins Porcupine West gold deposit.
Explor Resources Inc. (CVE:EXS) (FRA:E1H1) (OTCMKTS:EXSFF) President Chris Dupont is interviewed by George Tsiolis of Agoracom, detailing the drilling results in the latest announcement made by Explor.
Explor Resources Inc. (CVE:EXS) (FRA:E1H1) (OTCMKTS:EXSFF) President Chris Dupont is interviewed by ABN Newswire regarding the newly discovered gold bearing shear zone within the company's Timmins Porcupine West project in Canada.
Explor Resources Inc. ("Explor" or the "Corporation") (CVE:EXS) (OTCMKTS:EXSFF) (FRA:E1H1) is pleased to announce the results of 8 drill holes being the next series of holes on the diamond drilling program.
Quoting a major shareholder in a text to me this morning, 'It didn't take long for the criminal cabal to knock down the price of metals.' Likewise, the instant the news on the drilling at the Timmins Porcupine West GOLD Deposit was released, our own junior cabal worked its magic in the market, suggesting the release was a huge disappointment.
We are all anxious to see, and interpret, the concentrated 3,000m drilling results at the Timmins Porcupine West GOLD Deposit.
Explor Resources Inc. (CVE:EXS) (FRA:E1H1) (OTCMKTS:EXSFF) is pleased to announce the beginning of a diamond drill program consisting of 3,000 meters. During the winter of 2017, the Corporation completed a geophysical surveys consisting of airborne mag, VLF and EM by helicopter on the property. This airborne program has defined some very interesting structures on the property.