PDAC...Pivotal Event??
posted on
Feb 27, 2017 11:23AM
Abitibi has produced more than 180 M ounces of gold and more than 450 Mt of Cu-Zn ore to date
I am heading to the PDAC, and will be reporting developments as they occur, rather than doing one report next Monday. I’m hearing a number of meetings have already been set up with important services, and facilities that could ultimately influence the stock here in Canada, in the US, and around the world. A new video corporate presentation will also enhance the website, the company’s OTCQB listing page, as well as YouTube, Twitter & other social media. Also of importance, I’m hearing a plan is being developed for a strategic attack on the Chinese mainland wholesale, and retail market, with translation to the local language(s). Once all that is achieved, any concerns we share about price, or volume could disappear very quickly. Add to all that the usual buying enthusiasm just before, during, and after the PDAC, & I’m confident we will see considerably higher prices in the very near future. Any further upward moves in GOLD, or copper should further influence EXS/EXSFF to the upside as well. http://www.pdac.ca/convention/exhibit-presentation-opportunities/trade-show. I invite all readers to pop by Explor’s booth #2122 March 5th through the 9th.
Rather than organizing a video teleconference, Dupont will meet with Teck officials at the PDAC. As the Platinum sponsor of the event, many of Teck’s most senior staff will be present, and available for face to face discussions about the best way to enhance the value of the Timmins Porcupine West (TPW) GOLD deposit through strategic drilling activity later this spring. More on that as it occurs.
The drilling north of the Kidd Mine has achieved a depth of 1,400meters (4,600ft). Some interesting samples have been sent to the lab. Further samples will be shipped once on site core processing is completed. Other than hearing we found some exhalite, I’m unable to get anything further. It almost feels like a gag order is in place, which I always find intriguing. Did the company encounter copper, or zinc at depth? Timmins is a small town. We should know soon enough if the elephant is in the room.
If you’ve been following my postings, you may recall my comments in regards to trace elements at the Chester copper deposit. Samples were sent to a lab in Toronto, for analysis of a variety of elements, including Gallium, Indium, & Cobalt. That report will be integrated into the forthcoming final News Release, which will delay that release until sometime next week, hopefully within the PDAC timeframe.