Explor Resources Inc. (fka EXSFF)

[tomexs]

Analyst likes N. Ontario....

MR: Stick with the fundamentals. Certain commodities will face different supply-and-demand imbalances over the next decade, the uranium story being among the most acute. We see no evidence of demand for precious metals subsiding. In the last few weeks, we have seen some buoyancy in the iron ore names in our portfolio. Those are some things I like going into 2012.

TGR: You have many positions in small-cap companies seeking gold in Northern Ontario.

MR: I really feel that this jurisdiction is one that is occasionally mistakenly overlooked; I really like Northern Ontario as an exploration jurisdiction.

TGR: Why is Northern Ontario experiencing such a renaissance now?

MR: Money tends to flow to the more glamorous jurisdictions, whether it be South America or Eastern Europe. Ontario has been kind of picked over. But given the volume of dollars going into exploration in Ontario, there is no doubt in my mind that a lot remains to be found. I would rather be here than anywhere else.

I found this discussion Q&A on a financial blog site. TGR is The Gold Report asking MR (Mark Raguz) who is a junior gold mining analyst with Pinetree Capital.

Complete article located here:

http://news.goldseek.com/GoldSeek/1330268400.php




I know Timmins is more east/central Ontario but not to far off.

Regards.

tomexs