Explor Resources Inc. (fka EXSFF)

[steven820]

Hello everybody. Back in Belgium with some answers. I got the chance to talk to Chris and Gary for an hour so we had a lot of talking.
It was very interesting and I learned a lot. I certainly want to thank Chris and Gary because I didn't hope for a long discussion like this one.
I've got some questions answered now so here are the answers...

- how many investors have already subscribed to the US financing?
US financing will be stopped probably next week with about 2-3 million extra cash. This means that it won't be fully subscribed but at least they got some. This means about 10 million in total US + Canadian

- what's the reason for repricing the stock options from .92$ to .32$ ??
This was a big mistake and Chris said they would cancel it this week !!!! So no repricing for the options

- will we get a map with all the drill holes indicated very soon?
First of all Chris is waiting for the NI43-101. This is expected by the end of this month, but let's say before the end of the year to be sure. Then they will complete the map and make sure that everyone can see it on the website

- are we already drilling under the 1000m level or are we still wedging the latest pilot holes?
Not yet, still around 900m with 1 drill rig and around 400m with the other drill rig (explanation later)

- do you already have an idea of how big the current ore block is? I heard something about 300m x 350m ??
We can't say that at this moment, they try to determine blocks of 50m by 50m

- Is the CA still in place or did EXS already got an opinion on their TPW property?
............. THE BIG QUESTION...... YES it is. The major just just did a mail to Chris on Thursday 3 November to get the latest drill results. This means they are still studying the property and didn't ran away from it. !!! Name of a company can't be mentioned by Chris or Gary because it's a CA of course. Some talked about AEM... They can't give an answer to that. Chris is convinced that they made a big discovery.

- I hope we'll get a PR on the KC results before new drilling will occur there? they will make sure that this happens but even Chris didn't get the results from all the holes

- Do we have to drill other properties in 2012 so EXS can stay the owner?
We will only drill TPW 365 days a year untill a partner can come in. KC will be drilled during the winter. No drilling on other properties unless necessary for keeping the property.


I'll post some more later today but I'm still at work now.

Hope this already helps.

Greetings Steven