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Check your math Rob.... :)
EXLA will be issuing 100 million restricted shares which will be distributed to Mansfield Martin shareholders and will also be making cash payments totaling $USD 30,000 over the next three months.
So they paid about 1.5 million at a PPS of .015. I think it's worth way more than that. I hope those shares stay in good hands, as they would know the real value of the 25% interest.
I wonder when the restriction comes off and the the real value of the asset. That is the question. I wish they put a value (independent audit) on the asset in the PR.
So far - basically Debt Free and we have our first asset! Let's keep it that way LOL!
What I also like about this PR is the fact that this is a PURCHASE and IMMEDIATELY owned by EXLA's. It's not a LOI or anything like that.
https://www.otcmarkets.com/stock/EXLA/news/EXLA-Resources-Purchases-Minority-Partners-Interests-in-Tombstone-Arizona-Silver-Strike-Project?id=341670
The transaction will immediately give EXLA Resources over 25% interest in the project which is operated by Tarku's seasoned exploration team.
If this is anything close to the nearby Hermosa Project that was purchased for 1.8 BILLION, then we in for a ride!
Crazy numbers here:
https://www.globalminingreview.com/exploration-development/17012022/south32-provides-hermosa-project-update/
Potential to be a globally significant producer of metals for a low carbon future:
PFS estimates annual average production ~111 000 t zinc, ~138 000 t lead and ~7.3million oz silver (~280 000 t zinc equivalent (ZnEq), with output ~20% higher across the years of steady state production.
It is specifically mentioned in the PR!
https://www.otcmarkets.com/stock/EXLA/news/EXLA-Resources-Purchases-Minority-Partners-Interests-in-Tombstone-Arizona-Silver-Strike-Project?id=341670
The 2021 drill program at Silver Strike has revealed in addition to silver, the presence of high grades of gold, lead, and zinc suggesting similarities in terms of geological context to the nearby Hermosa project which in 2018 was purchased by South32 for $1.8 billion.
Silver is nice, but the more I look at this, the more I think this about the Carbonate Replacement Deposit (CRD) potential!
https://www.otcmarkets.com/stock/TRKUF/news/Tarku-Announces-Completion-of-Initial-Drilling-Program-at-Silver-Strike-with-Confirmation-of-a-Significant-Silver-Copper?id=315661
...Our interpretations do date let us strongly speculate that both areas are geologically related, opening the potential for a large Carbonate Replacement system feeding all various spikes similar to the world-class Hermosa Mine, located within a comparable geological environment 80km from our project.'
...The results additionally demonstrated the presence of a possible Carbonate Replacement Deposit ('CRD') System, similar to the nearby Hermosa project in Arizona.
...This model is similar to what is found at the Hermosa Project, located 80km west in Santa Cruz County, Arizona which South32 acquired for USD 1.8 billion in 2018.
---
What are Carbonate Replacement Deposits or CRDs?
Carbonate replacement deposits (CRDs) are also known as high-temperature carbonate-hosted Ag-Pb-Zn (gold, lead, zinc) deposits. These deposits require over 250 degrees Celsius of temperature to form. CRD is an orebody of metallic minerals formed by the replacement of sedimentary, usually carbonate rock, by metal
earing solutions in the vicinity of igneous intrusions. When the ore forms a blanket-like structure around the bedding plane of rock, it is commonly referred to as a manto (Spanish for mantle) ore deposit.
Why are CRDs important?
CRDs are the foundation of western civilization because of advancements in discoveries and usage. Also, they can be found in 10 to 150 million tons of very high grades economical elements. The low mining cost for CRDs and their metallurgically docile nature makes them increasingly important in today’s world. These deposits avoid big open pit mining leaving a minimal environmental footprint with very selective high grade underground mining.
Moving forward, industries would require a lot of these deposits to build new technologies and commodities. As a result, the growing demand for the minerals such as copper, zinc will help strengthen our economy.
https://www.zimtu.com/what-are-carbonate-replacement-deposits/
It is great to finally see! I suspect that is the blue print. Great time to be in Ground Floor here IMO. And those restricted shares already reflected in our Market Cap. They have the team to make this a success. Love the potential! Still looking over the details on this initial PR, but like what I am seeing so far.
News just posted on Twitter!! ...
We are delighted to announce that we have entered into an agreement to acquire a c 25% interest in @TarkuResources #Silver Strike Project and is located in the historic Tombstone #mining district of #Arizona.https://t.co/Jl3rBDQjcx#EXLA $EXLA #metals #exploration #TKU $TKU.V
— EXLA Resources (@exla_resources) February 1, 2022
Very nice!! ...
https://www.otcmarkets.com/stock/TRKUF/news/Tarku-Announces-Completion-of-Initial-Drilling-Program-at-Silver-Strike-with-Confirmation-of-a-Significant-Silver-Copper?id=315661
... Results are very encouraging as several holes returned economical values for silver, gold, and other base metals. The detection of the fact that the results in the Fines could be up to 1,000% higher than the regular samples is major and will be considered in the upcoming exploration Phase 2 and 3. It suggests that most of our medium grade results could be high-grade results and therefore add to the attractiveness of the Silver Strike project' .
The Carbonate Replacement Deposit model suggested
The variety of mineralization within the sediments at Lucky Cuss and Ground Hog, suggest that the Carbonate Replacement Deposit (CRD) model could be more extensively spread over the Silver Strike property than originally expected and that the limits have not yet been found. CRD is typically a high-temperature carbonate-hosting Ag-Pb-Zn deposit formed by the replacement of sedimentary, usually carbonate rock, by metal-bearing solutions in the vicinity of igneous intrusions that play the role of heat source. With some local variations, ore body geometries could vary from chimneys to veins to the blanketlike body along the bedding plane of the rock, it is then commonly called a manto . Those Polymetallic replacements/mantos are often stratiform wall-rock replacement orebodies distal to porphyry deposits (copper or molybdenum). The presence of abundant manganese on the Silver Strike Project is typical in that environment and reinforces the potential CRD deposit.
This model is similar to what is found at the Hermosa Project, located 80km west in Santa Cruz County, Arizona which South32 acquired for USD 1.8 billion in 2018.
BINGO - THERE IT IS! Nice call!
https://www.otcmarkets.com/stock/EXLA/news/EXLA-Resources-Purchases-Minority-Partners-Interests-in-Tombstone-Arizona-Silver-Strike-Project?id=341670
I'm liking this. 1/3 our our Restricted shares and
The 2021 drill program at Silver Strike has revealed in addition to silver, the presence of high grades of gold, lead, and zinc suggesting similarities in terms of geological context to the nearby Hermosa project which in 2018 was purchased by South32 for $1.8 billion.
Project #1! Whooop! SO it begins!
Blah blah blah
Good Morning Stonk_Master!
"It's a Scam but I live here each day and bought tons of shares!"
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167072924
http://2l7g9kgsh281akevs49v281d.wpengine.netdna-cdn.com/wp-content/uploads/2017/01/split1.jpg
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166993067
"It's a Scam but I live here each day and bought tons of shares!"
Just hit the ask - much easier.
Agree. There is no doubt these guys recognize the many road blocks companies incur trying to even begin a mining project. You could spend years and $$ just getting the permits. I have also read a lot about the Lithium mining in the U.S. and the issues many are facing. That is the primary reason why there is a limited amount of production in the U.S.
I am still hoping for Lithium and it could very well be, but why center the Mining News filter (that doesn't currently work correctly) around "Gold" and "Silver" on the website? I know there is a lot of competition, so maybe they really keeping "Li" on the down low until any deal is done. I also now the team specializes in that area too. Fingers crossed!
Please share any further DD you find. TIA!!
Let him be the "Stonk_Master" all they way to .25 LOL!
Hope you're right! We do start a new month.
The timing is perfect. Chart looks great. The base is solid. Let's go.
Not the Power Hour I was looking for, but a nice solid beginning of a much higher run (I hope).
If we have a good power hour and close over .02, I bet we have our 1st piece of project news in the morning.
LOL. I have it on my screen with about 9-10 others. But my eye keeps going there because the L2 keeps shifting.
Has anyone EVER seen so much L2 dancing for a stock that has no volume? Geeez.
It doesn't make sense to sell it there. I think the seller knew it wouldn't be bought since there is no volume, but was scaring a few sells to pick up. IMO.
yep - a really dumb trade. Better days ahead. At least we got back to .02 today. I feel like we've been in the desert and just got a glass of water.
Entice selling.
Let's see what 50 mil in volume can do.
Just proves that chasing is impossible once the ask starts getting hit. Moves fast! I hope this is the beginning of a long awaited EXLA move.
News leak?? EXLA up 40% in a blink of an eye. That just shows you how fast this stock can move. One strong PR and BOOM!
At least you keep us entertained while we wait. LOL
$exla looking to shit it’s bed yet again. Crap junk “mining stock” without a single god damn sniff of good news
— Stonk Master (@Stonk_Master_1) January 31, 2022
Weekly update to the numbers - no change
https://www.otcmarkets.com/stock/EXLA/security
I think they are still accumulating followers on Twitter for the upcoming news cycle. The "Pump" hasn't even started yet. I just hope the news is worthy of all this fuss. My gut still thinks something significant is coming - again too many names with experience.
Have a nice weekend Longs. Hopefully they bring the goods next week. Many were stepping up to get shares today. I wish we saw a little more ask hitting. Savvy Traders.
Agree on the 8K, but nothing wrong with saying you have an update coming. Companies do it all the time.
Just last week from our "Friend" ...
We have been firing on all cylinders since our Form 10 filing. We will have a press release tomorrow with an update on that front $WSRC #wsrcnews
— Western Sierra Resource (@WSRCorp) January 18, 2022
I guess that is why we are still here, as that is potentially possible with solid news LOL
It is, and always has been about the project news and potential revenues, but if they were looking to build trust and momentum before the big news, then they sorely missed the boat.
Yep, they have completely botched the rollout IMO...
They should have unveiled the team and website (which should have been in a state where is was actually ready for release) in the first PR with the last sentence saying: Look for an update on our first project acquisition next week!
They would have drove traffic to the web site. People would have been buying all week in anticipation and we would be at .05 today before the first Project PR.
Instead we got them working on following everyone on Twitter with no updates on projects for almost 2 months since introducing the team! And an IR Firm looking for something to say.
I have been one of their strongest supporters and would have been adding to my position as well. But I have lost so much confidence, that I am unwilling to add anything more at this point.
Now, if we finally get some really solid news, then I take this all back. LOL
Keeping it real.
Another Retweet by the new IR firm...
$EXLA LVL2 thin, I love what I see 👌🏽 https://t.co/XiYPdj0dlL pic.twitter.com/I3mhiSm8rH
— NarutOTC (@NarutOTC_) January 27, 2022
Let's hope that to be the case!
The new IR Firm posted about EXLA...
$EXLA took a hard dip this am to a key support area just above .01 where its bounced many times. Good opportunity to soak up cheapies at these ranges currently .0123x .013 with 1.4 million shares changing hands that is nearly a 3X increase compared to its 30 Day average volume
— Bullinadvantage (@bullinadvantage) January 26, 2022
I know I'm not LOL. Better days ahead.
I can't wait until we can actually start discussing the actual projects here LOL.
This is encouraging...
Check out the Mining companies coming to the Vegas Mining Investment Seminar...
https://www.weare121.com/121mininginvestment-las-vegas/mining-companies/
I selected a few that are tagged "USA". Check out their Market Caps:
https://www.otcmarkets.com/stock/USGDF/security
https://www.otcmarkets.com/stock/MIMZF/security
https://www.otcmarkets.com/stock/FTCO/security
I think we could easily see a 100+ million Market Cap if these 3 projects are solid. That would be for starters.
Hey EXLA, why don't you grab a booth!
So tired of the games on this one. I'm trying not to watch it any longer. Just waiting for the elusive Gold Mining news. Until we get volume and see what the long term plan is, then these games will continue.
That said, it's a good time to be in the Metals/Mining stocks. Market down another 1K today.
Grab some GOLD!
Well I must say the stage is set. They have a team (Lauzier, Long, LaForest) with decades of experience. I wouldn't think these individuals get involved here, if these projects weren't going to be successful.
The have the Share Structure with a small float and restricted shares locked up and already reflected in a very low Market Cap. The chart is set up perfectly. And OTC season is upon us!
They have some big names (Perrault, Lotito, Huber) that have lots of connections in the business world.
They have the Investors Relations firm and a growing Social Media ready for exposure and new investors.
Let's hope to have a great year with Rapid Growth! Who knows where this could go. All signs point to success IMO.
http://bluehorseshoestocks.com/junior-gold-mining-company-set-to-pursue-rapid-growth/