Replies to post #4361 on Explor Resources Inc. (fka EXSFF)

[slimmoney]

How many outstanding shares did victoria have?

[Destinator]

I caught that but CD did a terrible job of presenting again. I also caught the fact that he expects the north wall to duplicate that found on the south wall. That alone doubles the resource estimate which to me is common sense. But CD failed to highlight such a point. Of course the market saw only the poor presentation and sold off to the stronger hands.

[chippinfool]

Yes. However, the part I don't know about yet is, what the potential of Virginia's resource was. Why throw that particular number out? Apples to apples is what we need.

[Destinator]

The $14.00 price is interesting since Ventana also sold for a similar price ($13.06) with 2.5 to 3.5 million ounces of gold and had just over 100 million shares outstanding. Was the price of gold not much lower when Ventana and Victoria were sold? I'm not sure but it certainly was not higher.

I really liked the fact that CD picked out Eastford Lake as a major target. I have always liked Eastford and the grades that he mentioned have all been overshadowed by investors' obsession with TPW. The only way to fix that is to split the company up into two entities.

Now is the time for us to ask that this company be broken up into two separate entities sooner rather than later. In fact, lets insist on it. Such a break-up was mentioned in the conference call but CD seemed pressed for time to get into any dates - or did I miss something?

We may have saved a few bucks on keeping the cost of the webinar to one hour (not to mention that we lost the 1rst 20 minutes to whatever reason) but we paid a much higher price in terms via share price by those rushed answers that were very poorly formulated.

TPW and Eastford are both TREMENDOUS gold stories. We just need someone with presentations skills to tell those stories so that people can actually see the huge upside potential.

[AGB veritas]

Virginia Gold

Goldcorp buying Virginia Gold Mines in all-stock deal

Imagine what that deal would be worth at today's gold price, or what it will be in 6 - 12 months from now.