Replies to post #2756 on Explor Resources Inc. (fka EXSFF)

[stpiermj]

luv to hunt, Thank you very much for your insight.
I luv buying this stock at this price, so there are a few very happy share holders amoung us (although a higher price is alwasys welcome). I am officially over the 100K as of this week and have reached my initial goal. Let the price rise begin! I think anyone who has done DD knows what is very likely coming.

SlimMoney, thanks for your thumbrule on share value relative to estimated gold in the ground. I did further research and have found similar thumbrules. It is a good starting point on making an initial price entry.

[gharma]

luvtohunt, your insights are appreciated - yes I am late to this part of the EXS discussion.
One thing that may be different from the negotiations in which you have been involved, assuming that those dealt with fairly straightforward future projections, is the ability and in fact need to take future contingencies into account (if resource/reserve is at such level when at preliminary feasibility study, then . . . etc. and adjustments to terms of payback for carried interest through to production, etc.). I guess that is just saying there are even more variables due to all that is inherently unknown about resource/reserves.

There were many analysts that thought the premium Goldcorp gave for Andean was excessive, but they were only looking at released Ni 43-101 info whereas the companies negotiated based on their own models and projections. But that was a buyout offer. Negotiating an on-going relationship provides room for ways to make terms contingent on how some of the future uncertainties actually turn out.