Explor Resources Inc. (fka EXSFF)

[Destinator]

I totally agree - TMehl. I also agree that there is a large amount of investor fatigue in this stock. The leaks and innuendo continue to create high expectations for a glory hole and then reality sets in when we see 'only' 8 grams. The fact is that even though 8 grams is lower than we all hoped/expected to see, 8 grams is still a terrific grade. The depth of the ore and the layered geology is why CD wants to get funding for what amounts to be a shaft that would allow for horizontal drilling instead of holes spaced at 50 to 100 meters. This 'shaft' can then the be turned into a mine shaft used to bring miners up and down instead of exploration drillers. The expenditure on such a shaft is added to the value of an exploration company since once the exploration efforts are completed the mine is that much closer to getting production going.

The market fatigue however is settling in at a time when the 'Sell in May and Go Away' flu hits most stocks. Hence a glory hole vaccine was needed to jettison this stock. That did not happen. As I stated in another post (on Stockhouse) 'long term investors WILL benefit'. Short term - its anyone's guess.