Explor Resources Inc. (fka EXSFF)

[STR8Shooter2012]

"You are always focusing on the worst case scenarios"

Actually I am not - I am focusing on the simple math that is available in the audited financials for EXSFF over the past four years. The company will be spending money to establish those resources, will they not? I estimate that they will have spent their current working capital either prior to, concurrent with, or subsequent to the establishment of the new resource number(s).

If these markets heal up, hot money may gravitate back to these issues and the stock might pop and allow a really advantageous pricing on the next raise. If they don't, then you have to adjust.

Beats talking about a BNN interview with a driller that was rumoured to have "seen the core" and is "buying the stock" so as to prevent the people in this room from blowing off their stock.