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http://www.explorresources.com/wp-content/uploads/2015/10/East_Bay_Exploration-Program-October-6-2015.pdf
The market responded well on this news it seems.
Yeah, this is getting scary. No speculations, expectations, rumours... ????
Thanks again By for your efforts.
Let's focus on this :
"HANG IN THERE, THE MARKETS WILL TURN AROUND. THE FUNDAMENTALS HAVE NOT CHANGED WITH EXPLOR, IN FACT THEY HAVE GOTTEN BETTER"
This stock is behaving like those dodgy OTC penny plays. Differences of +/- 10% a day makes this a playfield for short term stock players. Easy to manipulate also, with not too many outstanding shares. We need a firm base and trust in the company so the volatility stops.
Great job, thanks for the effort.
Coming to the party late ??? I'm in this for over 2 years now. Been here when they went over 1$ and kept the shares and the faith. Still do.
So many people continue to post negative things. Did you all miss this :
Chris Dupont, President and Chief Executive Officer of Explor Resources Inc. commented: "We are extremely excited about the confirmation of the major fault structure and our proposed program on our 100% owned Kidd Township Property. VMS deposits tend to cluster in districts (or camps) and locally within districts. The average massive sulphide camp in Canada has about 9 deposits, but ranges from 4 (Manitowage) to 21 (Noranda), however an individual deposit may consist of a number of closely associated lenses ranging from several thousand to several million tons. The largest deposits in this group may be in excess of 100 million tons (example: Kidd Creek, Bathurst No.12)"
Almost no reactions on this article !!??
100k is not bad either. If I had the cash I'd buy more too.
I hope this was the bottom. Just bought another 7000. If I were a religious man I'd pray.
Very nice article, gives lots of hope for the future.
Thank's for the link, interesting read.
That's not entirely correct Go.
Of al the private bondholders and creditors, 86 % agreed (75% was mandatory for another round of monetary help by the EC and IMF, an amount of 150 billion €) to a remission totalling 172 billion €. It was off course that or loose a 100% after bankruptcy. So now for every 100 € of original bonds, they now get 46.3 € as a new bond (so I guess the 172 billion represented 66.7 % of the total debt), of wich Greece pays 31,3 € and the European helpfund 15 €.
Off course this does not mean that they are out of the woods yet, but they should get along for some time now. Estimates are that they should be able to lend money on the regular markets at normal rates by 2020. This is actually what my family-in-law in Greece predicted last, that this shit would last for about 10 years.
Great post Destinator. I was already very confident about this stock, but it's always nice to get this kind of confirmation.
Thanks for all your posts.
Nice, just signed up. Great initiative.
I did a quick math on this stock. If 7,000,000$ is achieved, with the outstanding stock (525,000,000 shares - info from Ihub), then the revenue/share is 0.013$. Since a company (at least in Belgium) is valued at 10-20 times it's revenue (example for a take over), this makes the stock worth between 0.13/0.26$. If this continues, who knows what 2013/14/15 ... will bring. I'm willing to wait a couple of years to see how this turns out. And you ... ??
There was a member of a Belgian website who came across a McCoach teaser that got his intrest ("Best gold story in 14 year"). There were quite a few people (including me) that chipped in and he bought the subscription wich we shared. I think there were 10 or more of us. Later we talked about it on the board and some more jumped in probably.
I'm in GDHI for about 1.5 years now, and I've allways been a believer. Albeit, since a couple of months I've been trading wine and other goods myself from Greece to some South American islands, and I started with a 25.000€ (about 34.000$) credit at the bank. I sent 3 palettes of wine, 150 bikini's and a palette of skincare products, and just used half of the available credti. I do everything myself (I still have a regular day job too), and my stephbrother handles the sales on the islands. Luckely we don't have to live from the profits, but we can invest everything in bigger orders and new products. Just to say, why did they need to dillute so much and burn so much cash ??? We don't need big offices, we both work from our homes, just a garage (or two) to stock the merchandise on the island, and I drive a 10 year old Honda. That's it. Give us a year or two/three and we will be in big business, without the necessity of getting investor's money all of the time.
Surely we're all in it for much more, but even in your worst case scenario this is acceptable. I bought at prices below 50 cents, so a x6 profit is ok for me. But more would be better off course .
Succes to all.
Thank you very much Bywisdom. Great job as usual.
Maybe a new acquisition ???
They should release an official PR with the financials, that would really kickstart the buys.
Nice way to look at things Panther. This gives me some more confidence towards the future.
Thanks.
I have 10 000 shares, and in this stock since about 1.5 years. Been there when they were over 1$ and kept them.
Maybe I will be buying more.
Why don't they just twitter their news with a link to the reports. That doesn't cost 6,000 $ a month and allmost every big company does this.
This is getting completely ridiculous. Prices below 40 cent ??? Even if the results are just what they are, without the "glory hole", this company is intrinsically worth more than this, no ??
I know McCoach talked about targets as high as 100 $, but let's keep it realistic, that will never happen. Anyway, a couple of $ should be more than reasonable in a couple of years if they go to production phase. Most of us are in this for + 10$ per share at least I should think.
Any comments ??
No no, custard is a kind of sweet dessert, a thick cream usually with vanilla :
http://en.wikipedia.org/wiki/Custard
And an Indian worrier is a person from India that worries to much.
Jezus, I'm from Belgium and even we learn of Custer's last stand
That didn't last long.
+ 30% - Is this the end of the downward trend ??
Thanks fot that Bywisdom.
http://citywire.co.uk/money/george-soros-dumps-800m-stake-in-gold-in-first-quarter/a492469
Will this effect the share price somehow ?
Hope the publicity works at least.
Then why doesn't he donate his own personal money instead of ginving away our investment ??
Indeed, they are just giving our money away. Maybe it's for publicity, but for the moment it has a devastating effect on the shareprice.
En direct back in business
Hoi Mith. Inderdaad lang geleden kameraad. Alles ok ?
Off course I mean for the people allready in this and believing in it long term. Nice to have some action and make some money along the way, no ?
Good news. Time to sell, take a profit and get back in for a lower price with more shares.
Nice letter. Confidence all around. This should be their year. Does anyone know when they finally are going to get some money from all their law suits ?? If they would get a couple of millions and pay of debts we would at last get somewhere. As they already stated, they are profitable, now just the matter of debt to resolve ...
A PR with some substance would be "We canceled 5 billion shares", but hey, as long as I can get rid of the 3M shares I have for a year or 2 now, I'm not complaining.