It is amazing what happens when the right audience is provided factual information that is presented in such away that one makes a conclusion that the risk is exceptionally low with a reward that is highly anticipated based on recent events. People will always buy what is perceived as a great buy. Why it took so long? Thankfully, Explor has finally arrived on the front pages of large audience publication.
I don't think anyone with any knowledge of what is on the horizon will sell. Only short term traders that play the fairly predictable cycles found in the explorers will be selling, but not anytime soon, (and buying in January). I would not think we are talking more than a few hundred thousand shares (maybe a million, but I hope not). Hopefully, all the longterm share holders that were thoroughly discouraged with the recent past share price performance have already sold and moved on. This cycle was very predictable and was so stated by many so called experts. No one should be surprised by an increase in share price going into the new drilling season and of course, add the effect of the highly anticipated QE3 and World Debt money printing crisis we are now in and will be in for at least a few more years. I would not be surprised to see the share price rise to over $1.00 just on speculation of a buyout offer from Explor's neighbor GG. TPW is worth far more than what GG just recently purchased and I would not be surprised to see them try to make a move before the next major move up in gold. There is and always has been a huge potential in this property, both shallow and at depth. We inch closer with every drill result to a great return on our investment. Still 100% vested and still looking at 2014 as pay day.
AI
