Explor Resources Inc. (fka EXSFF)

[Destinator]

One would think that you would know by know that I do think things through before posting but thanks for asking.

Here is what I stated:

Yes there is gold over a 2 km strike length but I strongly suspect that the area used to calculate the reserves for the purposes of the 43-101 is about 1/20th or less of that 2km zone

I emphasize that the area "USED TO CALCULATE" is likely about 1/20 or less of the 2KM zone. I don't have the time to get the actual measurements but that is what I recall from one of the maps shown at the PDAC several years ago.

200 meters of width would be 1/10th of 2km strike length. The shallow gold has been hit across that 2km strike length albeit the focus for the open pit calculations has been roughly within 1/10 of that 2000 meters. Given that we also have a North Limb that has shown even higher grades at shallow depths than the South limb I cut the fraction in two to get 1/20th. Of course there is no telling how much gold there still is to be found along strike of this 4000 meter long porphyry which comes with North and South limbs the full distance. That has the potential to cut the fraction down even lower. In other words the ounces being estimated are certainly not being based over all the drill holes made across the 2km strike zone. They are being based on only a small fraction of that zone. I think this is worth noting - as opposed to mocking.

Of course one may call this speculation. I prefer to call it an educated guess speculation for my own money and, as such, I personally believe that history will prove the Bristol porphyry to be one of the largest gold finds in Canada. But that is me and that is my money.

As for the 43-101 there has not been a full 43-101 since the first one that was issued. Nor do I expect to see one until Explor hits 1.3 to 1.4 or possibly 1.5 million ounces in the indicated and inferred categories.

As for the 3 million ounces, my view is that if the calculations continued to be based in the way that they were in that 1rst and only full 43-101 then the 3 million oz would have been achievable by end of 2013. The change in calculation (be it right or not) hurt the share price and the companies ability to meet its targets. That said, I have no problem presuming that the gold is still there given the percentage of hits the drillers have achieved to-date. I won't allow myself to be fooled into ignoring that consistent hits over 100 meter spaced holes over a 2km strike zone) is that much different that consistent hits over 50 meter spaced holes. The operative word that I look at here is the consistency of the hits and HMC modeling as well as proximity to that model which is only 14 km away and still being mined after all these years.

Personal disclaimer:
I am not a geologist. I am not a paid pumper. I am not a broker or financial advisor. I am not affiliated (other than through possibly owning shares with the companies about which I post) I am not qualified to give investment advice to anyone and as such everyone should do their own due diligence and if you have a broker you can trust, then the regulators advise you that you should rely on his / her information before you rely on ANYONE who posts on social media sites. Before you form that trust you would be well advised to ask your broker if he/she follows the rules and INNTENT of the rules for full disclosure set out by the governing bodies.