Explor Resources Inc. (fka EXSFF)

[gharma]

Afraid I am closer to your view PB. We have seen nothing in assay results to provide confidence of hitting a 1.5m oz mark in the next NI update. Majors are extremely shy of anything that stinks of high cap ex requirements, and there are literally hundreds of projects, good, better, best, bad, and worse, all sorts, out there at bargain prices now and companies begging for capital if not beyond hope of continuing. A rebound in AU will not immediately impact values on projects just in the prospect and early development stage as the costs of mining are changing so much that there needs to be a shake-out before larger money can get put on what might become mines. Etc.