Explor Resources Inc. (fka EXSFF)

[In XS]

Here is another article in the GOLD Report an interview with Michael Ballanger


MB: Talk to me in mid-August. Then we can look at politically friendly areas like the provinces of Ontario and particularly, Quebec, which is the best mining jurisdiction on the planet. Within those provinces, our favorite exploration company remains Explor Resources Inc. (TSX.V:EXS). We maintain that, over time, Explor's Timmins Porcupine West property, adjacent to Lakeshore Gold's Thunder Creek discovery of 2009, will prove to be one of the most significant gold discoveries in the Timmins West camp. Explor is close to unlocking the secrets of what could be an "elephant-type" discovery modeled around the Hollinger-McIntyre-Conorarium Model, which is a 30 Moz. model. An elephant in the junior exploration game is an ore body that takes on, just like it sounds?elephant status, something huge.

TGR: Since you like Explor so much, can you elaborate a little more on its prospects?

MB: First let me say in the interest of full disclosure that I am a shareholder and our firm and I have been corporate finance and investment banking representatives for this company since May 2007. Explor is in the heart of the Abitibi Greenstone belt, which is a geological environment stretching from north of Duluth, Minnesota, across the top of Ontario and into northern Quebec. Over the last 120 years, the Abitibi Greenstone Belt has produced 180 Moz. of gold and 450 Mts. of copper-zinc ore.

I'm very impressed with Explor's CEO and president, Chris Dupont, who is a seasoned ex-Inco, ex-Noranda mining engineer born in the heart of the Abitibi. He knows the area very well. The land package that Explor has put together is the biggest quality package of any junior I've ever seen and it is largely within the Abitibi Greenstone Belt.

Read more: http://www.businessinsider.com/michael-ballanger-buy-gold-stocks-in-may-and-make-some-hay-2011-6#ixzz352iVmyn6