Re: Kidd
Robert Trembley was the consulting geologist that did all of the interpretation at Kidd in the past. From memory, if you have thumbnail size globules of copper-zinc sulphides in core, this interpretation becomes Priority #1 and you are getting it in front of the market on a laser beam. If, however, you have trace copper-zinc in unremarkable core, there is little urgency to interpret anything because it doesn't represent a material change in the company's affairs because there little economic significance to the drill results. Accordingly, the reporting of the news comes on a Hudson River garbage scow and that's why there is going to be ZERO in the Kidd results to drive the share price.
Re: Rollback
With gold and silver now firmly entrenched in intermediate term bear markets, the outlook for the junior markets is dim until that trend is reversed. All the flag-wavers and pompom shakers and tinfoil hat wearers can write their blogs and email their friends with these long missives about money-printing and currency debasement and the "Oncoming Inflationary Storm" but the reality is that gold has had its remarkable 10-year "run" and is long overdue for a three-to-five-year correction DOWNWARD. In that environment, all juniors will have to reconstruct their capital structure so as to attract new investors (unless they are generating cash of sitting on a pile of it) and Explor is no different. This company has raised $35mm (+) in seven years and has one million ounces to show for it. They will be challenged to raise anywhere close to that amount with 200mm issued (f.d.) and will do anything required to keep the drills turning in order to keep all of those private companies that do Explor's work in business. Hence, the likelihood of a rollback is high and rising.
Smart money will wait for the roll and then survey the terms of the next financing (after a name-change and the addition of one or more Rouyn-based directors designed to give the appearance of "changes being made").
