Replies to post #10147 on Explor Resources Inc. (fka EXSFF)

[In XS]

I guess the next owner of the property may get a chance to drill the north limb. For the foreseeable future CD has done us in.

Regardless of the model and all the other speculative analysis of the north limb.

No money, tons of paper, low share price and no credibility next stop 3 cents.

I have been trying to warn this board but I guess singing kumbaya feels better.

[Flashminer]

I read through my notes from the last PDAC and EXS regarding the north limb and I couldn't find anything that would suggest that EXS was planning a drilling program for the north limb. I've always assumed the south limb is the key to get the property sold or a partner interested in a joint venture.

I don't see the company's cash situation a problem. There's sufficient cash to drill over the summer so there's time to evaluate different methods of financing. The one they have preferred is issuing more shares through private placements. I'm no fan of this method, especially when it's not me doing the private placement.

Running low on funds is nothing exceptional when it comes to junior exploration companies. As long as you have shareholders that are ready to pay the bills or you can find new shareholders to do that there are no problems with the company as a going concern.