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tamtam, imho that posts were on the money. the Spanish, misspelling and all, was only a reference to the forum in which they were posted. no offense meant to anyone.
A product of presentations this week??
As far as the actual target dates are concerned, that would be a yes. It is my own opinion we will miss the 6/12/12 date. Again, I hope I am wrong, but as we all know, this is an EXS(CD) weakness. A great example of how to do it would the news releases Aurcana Corp. has released during the celebration period for the commissioning of their Shafter mine this week. I have personally met Lenic Rodriguez, the CEO of Aurcana and often wish he were our co-CEO. I rate him in the middle of the CEO world with the flashy yakkers on one side and the do nothings on the other. A hard working, organized, prioritized, let people do their jobs, get it done kind of guy. Aurcana was struggling until he got the helm and now they are vaulting into the land of the mid-tier producers. Disclaimer: This is not to be construed as spam just because I own the stock!
CDL, The 43-101 was targeted for June of 2012 and as the company stated earlier, it is done by outside contractors so "no guarantees". IR is pushing for it to be done by this months' presentation in Europe. Looks like wait and see but I am not counting on 6/12/12. I naturally hope that is wrong. I also am not looking for as robust of a report as the first one and hear 12/12 will be the better of the two NI's this year.
GLTA
Moving Day, come and gone. Two questions. Will it be eventful? What is next?
All of a sudden June 12 is a popular day!
Sounds like "Moving Day" leakage. Anything else?
Excellent info steven 820. I felt that the total from historical drilling was low but had not tracked it down yet. Though it was on my list to do, I would have never stuck my nose into the NI like you did. Kudos for that. We learned earlier that it is the infill drilling or closely spaced holes that lend themselves to the calculation of a resource for NI reports. I believe very,very little,if any, of that type of drilling was ever done,historically, on this property. Will know more in that regard soon.
Thanks again for your DD and being a part of the reason any EXS investor, or potential investor, would want to make this board a part of their personal DD IMHO.
Chip
Spot on and the exact number I have my sell orders priced at!
In XS, What kind of promotions do you have in mind? It seems that CD and IR travel a lot to sell the story doing conferences and presentations in Canada, Europe and the US. Upcoming roadshow to California the first week of May for funds, brokers and high networth individuals and in Switzerland on June 1-2 CD has been invited to present to European Funds. Also attending in June will be keynote speaker Greg McCoach who will be featuring EXS in his presentation.
Chip
Nice thinking and I am in agreement with you over the term "mirror' as it would seem that "similar" is more accurate. I think that results can be implied and proven. If the implied results begin to leak,as they begin to accumulate(and it will leak good or bad), then as someone stated earlier, the market buzz would begin. Happening before NI results, it drives share price ahead of it and if positive, NI results will then bring more institutional investors to help sustain some of that price rise(in my head,in my head).
I have often hoped that the Bristol porphry would mimick the Pearl Lake, with regard to the most gold being found in the North Limb, but I have no info or geographical background. What would cause the minerals to accumulate on one side or the other? Having no educational or operational experience to draw on, I can only think that it must be a)more minerals were on the North side of the flow of the event or b) the heat of the event was much greater on the North side driving a higher mineral flow to that side. This was one of the most important questions, in my mind, that I had to ask CD when he was a no show in Vancouver, BC.
There will, of course, be a lot of information gained from this hole and finding out the mineral makeup of the porphry itself is one of goals in it's drilling.
Chip
Gharma, See my post to Lukoste. Also, as I have done in the past, using riddles to avoid complication, this was not one of those. It was a statment that will become fact as we all will see. I believe all is well with EXS except the current price and that was the main intent of my post and will be readily apparent when it happens. Stay tuned.
Chip
Lukoste, First let me say to you and the rest of my ihub friends that I have spoken out of turn and must offer my humble apologies. My intent was good however my timing is not. I would also like to say that my connections are no different that anyone who likes networking and has the desire to, can establish. When I take an outsized speculation into my portfolio I try to leave no stone unturned when seeking information.
Chip
"Moving Day" coming soon to a theater near you!
I am shy on details, but there has always been a plan to drill the North limb and such action would be preceded by a PR.
Come to me baby. Come one more time and I will be satisfied!
Technicians. Did yesterday's volume signal the peak of selling?, thusly saying we are at the bottom?
Yes, cash on hand through 5/13 at this point.
PB, I am waiting at a little lower price as this looks to stay weak until the close of financing is announced. Will it print or won't it??
I wonder if CD likes that number in his example?? Also thought the line about a sliding royalty was cool as I don't remember hearing the r word from management before.
Hey Destinator, thanks for taking the time to attend PDAC and for sharing what you learned with the board. Did you happen to notice many stopping by the Explor booth? Anyone seem of importance(read major)?
chip
emjay, Please accept my apologies as I had confused you for another person. While I do not doubt your veracity, I still put your Eastford Lake comments in the teaser category because at this point I can find no one else who can/will verify that information. Naturally, an event like this happening would be great for the shareholders of EXS.
chip
emjay, you are such a tease-keep it up and tell the neighbor hi for me!
chip
You are right PB. As I mentioned a little while back changes are afoot and this PP is one. Also it was a great tidbit that was posted with regard to negotiations.....
Tooooo funny PB!
By, do you know why some of your posts disappear when they are clicked and opened?
Chip
As per usual Destinator-dead nuts on!!
I was going to ask for amplification on your comment and am glad to see that this is what you meant, rather than FN investing in us. Am in total agreement that this LSG/FN deal amps up scrutiny and pressure on our TPW property.
,
Saw him in Vancouver and he was very insightful.
Destinator, How do you make an apples to apples comparison of LSG's 80m hole and our 7.8m hole?
Where exactly are you thinking the feeder zone is located?
By, I expect that everyone is aware from past discussion that it is darn near impossible to encourage institutional ownership without the NI. I am hearing that changes are expected on that front now. CD is meeting in Toronto and Montreal this week with the subject matter being PP monies and fund ownership and will be in New York next week talking to fund owners.
It is called NI43-101. Look for changes ahead.
So is touting and then talking it down a better option?
I know that investors are calling to participate in the next placement and heard that days before Vancouver, B.C.
Have also heard of the pressure by underwriters. Now that we have the NI in place they are feeling emboldened.
Yes, you are right. I edited the earlier,erroneous post before the 15 minute time limit expired. This "talking" post was for any who had read it prior to correction. A good lesson to make sure brain is in gear before hitting the keyboards!
Sure, now I'm talking to myself. NYC meetings are in February-sorry.
EXS Chimp,
I was assured that CD's absence at Vancouver was due to "unavoidable personal business" which was NOT health related.
As for expected PR, we had been told 2-3 weeks during the last call. That should be this week. However, CD has meetings in NY City on 2/6-7 and that could push it to next week. Perhaps a position enhancer to go along with our 43-101? Nothing like pinning the tail on a moving donkey-LOL.
Keep up the good work at ESG.
Chip
You are welcome Gharma.I am here to share and appreciate receiving what other people share as well, in agreement or not. As we all know, we are at a very,very early stage in the exploration of this discovery and it appears most likely will not be paid the big,big bucks for all the blue sky if this deal were to go down per the example stated by CD in the last call(did I just say $14 a share is not big bucks?). Being inexperienced in this type of deal, I keep referring myself to the 10% to 40% range of insitu value of the model being proven and this may be very unrealistic. One upside I take away is that,according to CD and MB in the video, the size of this deposit is growing and they are willing to put it out there. It is especially sobering to read into words. the picture CD seems to be alluding to.I knew of CD's whisper number before the video and now,it seems, the number of potential ounces seems to have grown exponentially. Regardless of the way this deal is finalized, it occurs to me that the way to get the full value for the shareholder is for the shareholder to retain any dividended shares or in the event of a cash deal, purchasing the acquirers shares outright with that cash.
Full of muse this AM. Must be the residuals from two days of free espresso at the conference!