Explor Resources Inc New EXSFF

RE:RE:Here I Am!!

[TedOwens]

Pinewood makes a good point....The delays in commencing exploration strongly suggests that Teck is still in the due diligence phase of their involvement and as such, should serve as a reminder that nothing is carved in stone with the majors due to them not getting involved with anything which does not meet their bottom line criteria for production possibilities......Teck is basically checking out the situation at EXS and things could be either a GO or a NO GO depending on what the final analysis returns on potential.......For Teck to have become involved in this play they would have had to commit to a minimum which would have allowed them to gain access to the project data which includes looking at the core for the most part as geophysics played a very minimal part in the exploratory process considering the depths of drilling which took place.....Bottom line is that if drilling commences, the first round will make or break the project as if the majors don't get a really decent return first time around they typically bail as fast as they entered into the scene and this is something which we have already seen with Teck when they were involved over at the Golden Mile project held by Constantine Metals where when the first round of drilling did not reveal an ore body which met their criteria, had them terminating the option in short order.....Time will tell but the delays in getting drilling underway is concerning