Explor Resources Inc. (fka EXSFF)

[STR8Shooter2012]

Really is good to see sensible people post in this forum as opposed to that bile one reads over at SH. Those results reported on Thursday were actually totally in line with the Timmins Camp and the Abitibi. There are many many more holes to come as TWO RIGS are now at TPW and the news flow should really start to come at a much-accelerated pace.

It has been a tough sell for EXS management (to attract the mega-funds) because in order to gain the traction associated with a "drill-hole play", you need consistent back-to-back positive assays and since exploring vein systems (like the 31m-oz Hollinger MacIntyre) requires hit-and-miss grid drilling, having two rigs (and soon four) means accelerated news flow and that is going to attract the larger LONGER TERM investor to the EXS party.

As for short term, more assays from TPW are expected prior to the PDAC in Toronto but the unknown quantity is the Kidd project where drilling may have commenced late last week (I should know later this morning).

I see a $500 million market cap for EXS by the end of 2011 (based on TPW alone)and that assumes that $5m of $.75 warrants will get exercised and eliminate the need to go market for another financing any time soon. One drill hole confirming MS ("massive sulphides") at Kidd and this thing is GONE to north of $1 billion.

Cheers,

the junkster