Exploring for gold and base metals in the Abitibi Greenstone Belt

Abitibi has produced more than 180 M ounces of gold and more than 450 Mt of Cu-Zn ore to date

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Message: PDAC DAY TWO...

 

I didn’t imagine it was even possible, but the Explor booth at the PDAC was even busier today than yesterday. With the markets active today (Monday), we had a number of visits from brokers, and venture capital groups, discussing the company’s financing needs, and plans through 2017, into 2018. From what I overheard of the discussions, I think the company will be very well financed moving forward, with the help of notable organizations. Droves of private investors came by as well, many of whom spent considerable time grilling Dupont, & the other three on the TPW, Kidd & Chester, & drilling plans for the PG-101 & the East Bay properties. The booth is quite tight, and at times, it was shoulder to shoulder, with everyone engaged in lively discussion. I’m quite sure the PDAC attendance figures today were much higher than yesterday.

 

Chris Dupont was interviewed at lengths by the group spearheading the European promotional activities, and promised a priority final video edit for distribution in Europe, the company’s website, the OTCQB listing page, YouTube & other financial & social media sites. He was also interviewed by Dr. Allan Alper, who will be developing a written update to the EXSFF story on his financial websites serving a predominantly US investment community. Together with the intended move to penetrate the Asian investor community, I can see volumes improving, as new investors acquire positions in the company’s stock.

 

I learned that the 1,400meter drill core north of the Glencore Kidd mine has been logged, split, bagged and sent to the lab for analysis. Having encountered Exhalite yet again, I’m anxious to get those results. With stronger Copper & Zinc prices, good results would be good for all of us with meaningful positions. However, we will have to wait a little longer for the Chester final News Release, as I was told the trace elements report on Gallium, Indium & Cobalt has not been received from the lab in Toronto! Dupont wanted to release the final Chester results prior to the PDAC, but instead of producing the results, all he has received are empty promises. I did not hear anything further about Teck, or the TPW today, other than Tahoe Resources is rapidly approaching the TPW western horizon. I’ve contended for some time now my belief that Tahoe will eventually take over the Timmins Porcupine West GOLD deposit. Obviously, that would take a great deal of money, and drive the stock to new highs.

 

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