Home Company News Explor Resources by Zim Pupedis

Explor Resources by Zim Pupedis

Explor Resources by Zim Pupedis

EXPLOR RESOURCES INC. V.EXS; OTCQB.EXSFF; E1H1.F (Frankfurt) With far more certainty than ever before, the drill is turning at Kidd! Over this past weekend, the Company moved a deep drill rig & crew onto the property adjacent to, and north of the Glencore Kidd Mine. The new drilling is 25meters north of Hole#KC-16-03 reported last year (News Release October 11, 2016 available at the Company’s website: www.explorresources.com. The Down Hole IP (Infrared Polarization Geophysics) completed in December produced a very interesting anomaly at the roughly 600meter level, which this drill is targeting at an inclination of +.75 in a southerly direction. The crew & management believe, barring any problems, 100meters will be achieved daily the next five days, and roughly 75meters daily thereafter. At that pace, we should get to the really ‘interesting’ stuff by next Monday, or Tuesday. Last summer, the Company encountered graphitic argillite, massive sulphides, exhalite, and some zinc, so obviously, a VMS deposit is in play. Secondly, further indications at the Chester property in New Brunswick are exciting as well, and I’m expecting a further announcement from the Company, hopefully by Friday, potentially extending the westerly horizon of the known deposit. Lastly, a formal date and time for the Teck video conference to discuss the ongoing drilling plans at the TPW (Timmins Porcupine West Deposit) has not been finalized, but most definitely on the front burner, given GOLD’s recent rise. Speaking to that,

Kitco News, Jim Wyckoff, Jan23, 2017, Quote, “The world marketplace is still anticipating moves from the new Trump administration on this first full week of his U.S. presidency. Trump has promised fast action on many fronts and that has traders and investors still a bit apprehensive, which is bullish for safe-haven GOLD.

The U.S. dollar index is weaker to start the new trading week. There are some early technical clues that the dollar index has put in a market top. Prices have been trending lower for three weeks.”

Seeking Alpha, Andrew Hecht, Jan23, 2017, Quote, “GOLD is a barometer for fear and uncertainty on the global landscape. The dollar is the benchmark pricing mechanism for GOLD and there is an inverse relationship between the currency and the precious metal. We have seen lots of volatility in the dollar over recent weeks and it is likely that the price path of GOLD has been a result, at least in part, of that volatility.”

Speaking to the US markets, I really liked this comment,

Pawoto Investments. Jan23, 2017, Quote, “To be fair, I’m probably suffering from ‘confirmation bias’ – i.e. looking for arguments to confirm my thinking – but the contrarian in me can’t justify current market levels. To quote Mark Twain, ‘Whenever you find yourself on the side of the majority, it is time to pause and reflect.’ The bottom line? Risk is skewed to the downside because the market has fully priced in the good news it expects under Trump. There is an old saying on Wall Street, ‘Buy the rumor, Sell the news’. More recently, the saying has morphed into ‘Buy the election, Sell the inauguration’, that will prove to be the trade of 2017.”

Zim Pupedis


© 2010 Junior Gold Report 

Junior Gold Report’ Newsletter: Junior Gold Report’s Newsletter is published as a copyright publication of Junior Gold Report (JGR).  No Guarantee as to Content:  Although JGR attempts to research thoroughly and present information based on sources we believe to be reliable, there are no guarantees as to the accuracy or completeness of the information contained herein. Any statements expressed are subject to change without notice. JGR, its associates, authors, and affiliates are not responsible for errors or omissions. Consideration for Services: JGR, it’s editor, affiliates, associates, partners, family members, or contractors may have an interest or position in featured, written-up companies, as well as sponsored companies which compensate JGR. JGR, it’s owner and affiliates/associates may buy/sell and trade  the company’s stock written up/video created on from time to time. JGR has been paid by the company written up. Thus, multiple conflicts of interests exist. Therefore, information provided herewithin should not be construed as a financial analysis but rather as an advertisement. The author’s views and opinions regarding the companies featured in reports are his own views and are based on information that he has researched independently and has received, which the author assumes to be reliable. No Offer to Sell Securities: JGR is not a registered investment advisor. JGR is intended for informational, educational and research purposes only. It is not to be considered as investment advice. Subscribers are encouraged to conduct their own research and due diligence, and consult with their own independent financial and tax advisors with respect to any investment opportunity. No statement or expression of any opinions contained in this report constitutes an offer to buy or sell the shares of the companies mentioned herein. Links: JGR may contain links to related websites for stock quotes, charts, etc. JGR is not responsible for the content of or the privacy practices of these sites. Release of Liability: By reading JGR, you agree to hold Junior Gold Report its associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.

Forward Looking Statements
Except for statements of historical fact, certain information contained herein constitutes forward-looking statements. Forward looking statements are usually identified by our use of certain terminology, including “will”, “believes”, “may”, “expects”, “should”, “seeks”, “anticipates”, “has potential to”, or “intends’ or by discussions of strategy, forward looking numbers or intentions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results or achievements to be materially different from any future results or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts, and include but are not limited to, estimates and their underlying assumptions; statements regarding plans, objectives and expectations with respect to the effectiveness of the Company’s business model; future operations, products and services; the impact of regulatory initiatives on the Company’s operations; the size of and opportunities related to the market for the Company’s products; general industry and macroeconomic growth rates; expectations related to possible joint and/or strategic ventures and statements regarding future performance. Junior Gold Report does not take responsibility for accuracy of forward looking statements and advises the reader to perform own due diligence on forward looking numbers or statements.