Explor Resources Inc. (fka EXSFF)

[gharma]

Steven, I agree that does appear to be what is being indicated. The update that is now a full quarter year late was to have included only drilling to the end of June. The next update after the delayed was said to be expected in June 2013 and to be inclusive of drill work to the end of 2012.
The sentence you quote appears to indicate we are now waiting on one update that will include all work that was to be in the two updates.

So why must shareholders guess at and infer/assume something so significant based on a hint in a sentence in the MD&A ?

IMO if that change in timelines was made, if the inference about now expecting one resource update in place of the previously announced plan for two at half-year intervals is correct, it is totally unacceptable that this new road map for deliverables was not clearly announced to shareholders at the time the change was made.

IMO if this is so, it is a clear example of mismanagement and shows a high degree of disregard for shareholders.