Replies to post #3415 on Explor Resources Inc. (fka EXSFF)

[gharma]

A number of good points raised D.

and the plans to split the company up via a dividend in the form of free shares

There are such plans? The only I have heard of this is in mentions of how some companies have done things to recognize value in overlooked assests, but nothing about this being planned with/by EXS.

If you look at the LSG properties nearest EXS and their two main deposits now being worked, they both appear to be pipe-like areas from near surface mostly vertically to depth. Stockwork, vein swarms, or whatever the term, I think one of Junkster's posts pointed out that Hollinger/McIntyre was similar, that the structure was there to be followed, paying the way down to the main deposits.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68906636
We do not have that, or rather know where it/they are. We also don't seem to be looking for it/them - I assume it/they would be indicated in geophysics and a couple years would allow for some drill hits.
I guess what I am saying is that if CD and his team are that good, then perhaps this property does not have the benefit of intersecting faults or structures that funneled better grade deposition upward in a similarly concentrated pipe-like way. Then the strategy of deep drills makes sense as the alternative, but then also the cost structure for bringing out the value of TPW is also defined, and it is quite high.