$EXS..PDAC DAY THREE.. Today at the PDAC, I thought traffic would be significantly less being the third day of the show. But, even before the official opening at 10AM, the stream of shareholders, and prospective investors began in earnest. I’m quite certain that at least 250-300 individuals came by the Explor booth during the day, and at least three were still in avid discussions about the EXS/EXSFF investment, a good half hour after the doors closed at 5PM. The company hosts a draw every day at 4PM for a paperweight with 3 or 4 grams of GOLD in the middle of it. The draw is from a large fishbowl that folks drop their business cards into. Obviously, this is a wonderful & friendly way to develop an investor prospect pool. Today, Agoracom’s George Tsiolis was on site to record the draw on video, which then was immediately streamed on Twitter. Pictures of the winners with Chris Dupont will be posted to the website as soon as possible. There were some heavyweights through the booth today, offering substantial private placements for consideration. During the course of the day, CD was seen over at the Teck booth. I’m optimistic some progress was made towards the proposed drilling program for later this spring. The latest findings at Chester have provoked a visit this morning by a senior representative of the Canadian Geologic Survey, as the new information gained during recent drilling seems to contradict their previous conclusions. I spoke with Andrew Bell of the BNN Commodities segment for a few minutes. We had a brief, but lively discussion about the Lakeshore takeover by Tahoe last year. His guest this morning is Tony Makuch, who was president of LSG at the time, now president of Kirkland. (Could be some interesting questions asked).
Just so you all know where I’m coming from, I began investing in EXS on the TSX Venture Exchange in June, 2014. This was on the heels of a lengthy discussion with a very dear friend of 30 years who I trust explicitly. We primarily spoke about the Timmins Porcupine West property, as well as the Chester copper property, and some of the company’s other prospects. As a senior geologist, he spoke about the projects expertly. At my friend’s suggestion, I then had a couple of long discussions with Chris Dupont. The next day, I bought EXS stock at .025, and have continued to add to my position ever since, paying as much as .23 for part of my holding. As my holding in the company has grown, I’ve made it my business to not only get to know Chris better, but to offer whatever contribution I could, in an effort to help the company with its plans, and improve its stock price. Mining exploration equities are tricky investments. In our case, we are firmly tied to spot GOLD, and Copper prices. Having invested in some 300 mining exploration companies over the past 35 years, my eyes are wide open about the risks associated with this type of investment. I have made very nice profits on some, and been crucified on others. However, I have learned over the years that when I’m pointing to someone else to blame for any failure, that there are always three fingers pointing back at me. As far as offering my opinion on Stock Bullboards, I do my best to provide good information I feel may be helpful to shareholders, or prospective investors, as it is in my best interest to do so! I also consider being asked to help out at the booth these last three years as both an honour, and a privilege.
