Explor Resources Inc. (fka EXSFF)

[stpiermj]

Mining Junkie

Very informative post. Thank you. I recall CD mentioning that TPW needs a shaft and I must assume that is what he is pursuing whenever he is talking with a potential partner, don't you think? I am also assuming CD will drill for 6 more months barring any satisfactory deal before then, before he decides to lower his negotiating position he currently is holding. As long as there is money to drill and beef up confirmed resources, then I feel the long term EXS price will be at its highest potential. This discovery is really in its early phase. I think another 6 months to 1 year is pretty reasonable to demand/hold a strong bargainning position. It makes sense to drop a shaft which has the ability to pay for itself. Where would you place it based on what you know thus far? What do you think of hole 30 and its surrounding wedge results for a possible shaft. My calcs on that one hole was over 95000 ounces (rough estimate, 50x50xWidth of gold bearing structure). It also appears to be near the middle of the gold zone.