Explor Resources Inc. (fka EXSFF)

[gharma]

There is good reason so many analysts constantly remind that management is one of, if not the most important things to assess about a junior.
Something at least 18 months ago, when CD had just turned in the maiden NI estimate and was doing back to back placements to start drilling even deeper with each hole around the 800 meter mark I posted here a couple times that the management style reminded me of the addicted gambler in Las Vegas setting all the eggs in one basket, rolling the dice and going for broke despite all odds. Of course the ignored baskets like EL might have, or might not have, had decent showings with the money spent of 5 ro 10 of the longer holes, and of course those long holes were each a roll of the dice, something of a long shot that the few centimeters of diameter would pass through a thick bonanza, but management seemed blinded by the little bit of glitter that had already been brought up from down there so there was no other thing to consider except believing the next will hit the elephant even though there had not yet been any signs of elephants but only little minnows here and there.