Explor Resources Inc. (fka EXSFF)

[gharma]

Had it been done by the company that did the first 2 estimates,we would have been closer to the 1.5 million ounces we were looking for.From what I heard,we used another company for the last estimate.Any thoughts from anybody on post?

That seems to be the story, that the new group wanted different model of the drill work. Now, there are two ways to look at that.
One is that the estimate should be higher using the methods of the first group, and we would now be at 1.5M oz for TPW.
The other is that the methods of the first group should never have been used, that the last group has more expertise and so validity in their estimate.
This is not glass half empty, glass half filled. This is glass overfilled or glass carefully filled.
IMO the most recent estimate is the more accurate. It is doubtful that a new group could be hired to now look at the same drill work that would come up with a high result, as it would need to refute the model decisions of the last group, which we have been told is a well-recognized and reputable group. That is imo why CD saw that proving 3M oz on TWP deep drilling is not affordable, and turned to adding cheaper oz if possible nearer surface.
The successful pit pre-feasibility studies I have seen usually have low grade intercepts that are 100 meters or more in length and start at very shallow depth. I haven't been seeing drill results anything like that yet from TWP.