Tomberry - great post. I agree with 100% of everything you say. And let me address others here. Destinator, I commend you for your optimism and your excellent due dilligence. However, you must look at Tomberry's post. Look at it objectively. Is everything he says not true? EXS is priced where it is priced for a reason or many reasons - most of which the optimists on this board probably do not agree with but it is what it is.
InXS I also agree with your post.... "The problem is CD is not open to listen. Gary and others have tried. I don't think you are going to teach and old dog new tricks." If you are correct, one of two things will happen. CD will take this stock to new all-time highs or he will take it to new all-time lows. Or - for the betterment of all shareholders - he will get top calibre help.
And Maris9, you make a very good poing.... "Has CD gotten too big for his britches? People change and I doubt now that he is in the catbird seat after decades of being an underpaid underling that this guy will relinguish one iota of power."
Many of you may have heard of the most successful Canadian mining duo in history - Bob Hunter & Bob Dickinson. One took care of the corporate matters of their company and the other took care of finding gold properties by using geology, drilling the properties, discovering the gold and then the two Bob's worked with each other in attracting major gold companies to bid on their companies they (together) had proven up. Not just once - but several times - both the Bob's sold their junior's to the highest bidding major gold company - each time enhancing shareholder value with massive gains. The company today is known as Hunter Dickinson.
So I ask this question. Why does CD continue to rule Explor with an iron fist, refusing to do what is best for his shareholders? Why does he not take a page out of the playbook of the most successful mining duo in Canadian history? No one doubts CD's ability as a geologist.....but he cannot continue to operate Explor as a one man show. If he does, it is highly likely that all EXS shareholders will continue to suffer. Road show failures are evidence enough of his shortcomings on the corporate side.
And finally, I am a LARGE shareholder with LARGE losses. Most any investor who has purchased EXS in the open market is down on their investment. How much longer they will stick around is anybody's guess, but after three or four years of total nonperformance, my guess is that time is short. It is only my intent to make suggestions that will benefit each and every EXS shareholder but when management refuses to listen there's really not much we can do.
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