Explor Resources Inc. (fka EXSFF)

[STR8Shooter2012]

And who pray tell would get a massive commission on such a deal?

The underwriters would get a commission of around $500,000 which is but a fraction of the $140 MILLION of lost market cap since the peak in Feb 2010. The big question is this: Would you participate in another private placement after the rollback with the existing management and BOD? Would you really put your money where your mouth is without changes? The land package is the same; the country is the same; gold prices are higher today than in 2009 when TPW was first acquired; and the HMC "model" has, according to the Company, been "validated".

Let's see a show if hands. If there were 9 million shares issued and outstanding, and you were offered a piece of a 10mm unit financing at $.50, would you opt in? Yeah, Destinator, you can even assume that it is a non-brokered deal with ZERO commissions, if you wish.

WOULD YOU WRITE A CHEQUE WITH EVERYTHING REMAINING "AS IS"?