Explor Resources Inc. (fka EXSFF)

[In XS]

I have heard the same fact that European, Asian and US investors have been looking at EXS for years. Nothing has changed except that the SP has gone down. Based on the price direction post PDAC I really find it difficult to believe that there is any serious interest from the conference.

5. Investors – One Chinese delegation came with a shopping list of things they wanted to buy. But it is not just the Chinese looking to Explor. Investors from other countries are interested too. He could not discuss the details of these offers but the gist of the conversation was that if he takes too much money at these share prices he will dilute even more. Yes, he wants to continue drilling but I got the sense that he prefers to take it slow until the market or share price improves. An interesting tid-bit did come out of that conversation which I was always curious about. With all the drilling that has been done, Explor has enough credits to hold onto its mining rights for a very long time even if it does not drill. The bottom line here is that these exploration credits mean that Explor is not at risk of losing the properties for lack of exploration should they decide to put some of them on hold. I think that is a very important bit of information to consider.