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Re: None

Saturday, 02/11/2012 9:05:04 AM

Saturday, February 11, 2012 9:05:04 AM

Post# of 12573
Hilarious - "weak longs", "manipulations", "stupid sellers" - this entire discussion group slays me. From where I sit, if the fundamentals for Explor - i.e. the "undervaluation" - was so plainly obvious, then the institutional community would have already cleaned out the paper and it would be trading higher. Second point on "institutional involvement" - do ANY of you not think that CD and EXSFF have not ALREADY been in front of institutions? Well, they HAVE and that is why EXS has drilling money. Instead of being driven into the open market, they just throw the $5-10m into the placement, pick up the free warrant and voila! the demand that would normally drive the stock higher is spent funding the drilling! This is precisely the kind of dilutive spiral that frightens investors away. On a positive note, I see the West Timmins camp heating up again and for that reason, I see retail interest gaining traction and that should give us a lift above $.50 again soon. If you own the paper at $.40 yesterday and sell at $.50 tomorrow, you make 20% in short order. Pretty good trade for us and a nice add-on to the millions of shares we all own as a core position.

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