Explor Resources Inc. (fka EXSFF)

[Gmoney2]

I would think that:

a) full treasury (post PP's),
b) 43-101 and
c) the time a full treasury buys allowing continued drilling and adding to the proven reserves indicated by the 43-101 once it comes out

are the ingredients required for CD to go after maximum value -

Without each of those three items he is not dealing from a position of strength.

It makes sense to me (logically) that nothing will come out of the CA until those three items are in place. I have no specific investing knowledge to support this so it is just my opinion.

I also suspect CD will want to continue to drill and add to reserves for "as long as it takes" before settling for an early offer that many of us are longing for.

Time appears to be our friend assuming the latest PP closes successfully. This reaffirms what the more knowledgeable folks on this board have been sharing with folks like me, that this play will require patience even post 43-101. JMO FWIW