I'm just baffled by the recent trading activity in Explor Resources Inc. (CVE:EXS) (FRA:E1H1) (OTCMKTS:EXSFF). Gold is in the USD$1,330 range, and Copper USD$3.11. Those prices, when considered in relation to the Timmins Porcupine Gold Deposit, and the Chester Copper Deposit in New Brunswick, should easily suggest a minimum $30-40million Market Cap. Divide by 160 million shares, and the stock price even on those minimums is in a range of .18-.25CDN. Obviously, the numbers are not exact, but you get my point.
So, is it really shareholders driving the price backwards every time we brush double digits? Or, is something else going on? I've contended on a number of occasions that Explor, with its impressive array of promising gold exploration properties along the Porcupine Destor Fault, and in the Duparquet gold Camp, would be an outstanding takeover target? When I see the clever use of 'Dark Market' trading platforms regularly hiding trades from the retail buyers' eyes, it suggests, & promotes weakness in the stock.
Ultimately, when the culprits make their offer to the board at say .25/share, the vast collective shareholder base might be likely to take it. As gold moves into $1,400, & beyond, EXS/EXSFF/E1H1 will see $2-$3.00. I believe that's inevitable.
Apparently, drilling at East Bay will commence shortly. Geologists are in the process of finalizing the geochemistry, and geophysics associated with potential targets, and crew & equipment are being mobilized. Further, the M&A group are hard at work, and I expect they will be presenting some interesting proposals during the coming weeks.
NOTE: This forum commentary was published from a third party source. It has not been verified by the company.
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Xped Limited (ASX:XPE) ("Xped" or "the Company") is pleased to provide this market update. 
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Revolution Metals Ltd CEO Tim Mckinnon talks with Geologist Julian Malnic during a Deep Ground Penetrating Radar (DGPR) Survey in Northern New South Wales.
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Boehringer Ingelheim and pharmaceutical research company Pharmaxis (ASX:PXS) (OTCMKTS:PXSLY) announce that Boehringer Ingelheim is initiating the Phase IIa study ROBIN (Randomized study of Orally administered BI 1467335 in patients with Non-proliferative diabetic retinopathy without center-involved diabetic macular edema). This marks the beginning of the clinical development program for BI 1467335 in a second indication targeting a severe diabetes complication. An already ongoing Phase II clinical study program is investigating the compound in NASH. BI 1467335 is an oral inhibitor of amine oxidase, copper containing 3 (AOC3) (see Note 1 below). 
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The Board of Queensland Bauxite (ASX:QBL) is delighted to announce that, after providing the Department of Natural Resources and Mines (DNRM) and the Department of Environment and Heritage Protection (DEHP) further information and responding to the Departments' queries, Mineral Development License (MDL) approval has been progressed for the South Johnstone Bauxite Project at Camp Creek in Queensland with the important decision received today from the DEHP to approve the amendment to our previous Environmental Authority (EA), to allow for the work programme intended under the MDL. 
Impact Minerals Limited (ASX:IPT) advises that the Closing Date of the Offer under the prospectus dated 31 August 2017 (Prospectus) has been extended. The Offer will now close at 5.00pm WST on Monday, 11 September 2017. 
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Lithium and graphite explorer Ardiden Limited (ASX:ADV) is pleased to provide an update on drilling and pre-development activities at its 100%-owned Seymour Lake Lithium Project in Ontario, Canada. 
Diversified minerals explorer and developer Ardiden Limited (ASX:ADV) provides the opportunity to listen to an audio webcast with Brad Boyle, CEO and Executive Director in a presentation titled: 
OtherLevels Holdings Limited (ASX:OLV) ("OtherLevels") has announced that it has signed a leading UK publisher. 
The following investment report by Edison titled 'Preparing for a clinical licence deal in Japan' has been published. 
