Explor Resources Inc New EXSFF

RE:RE:RE:RE:Moving On........

[barbados2016]

I don't think anyone expects EXS to plunk drills on KC and just start drilling without giving themselves the best chance to succeed. It makes perfect sense for EXS to approach Glencore and try to establish some form of working relationship. What some of us may be saying is that EXS should begin this process sooner than later as it may take some time should Glencore be interested. Explor is still an independent company and needs to continue to develop its wholly owned properties. With its limited financial resources and depending on the drill results at Ogden and eventually KC it makes sense for the company to strengthen its stock price in the event further financing is required for either property. Better to do the next PP, if required, at higher prices than the current price. As many have mentioned Teck is a behemouth and measures time in decades not years. Yes the gold may very well be in the ground at TPW but it is really hard to know how long it will take Teck to make their final decision. The only caveats might be if the other majors in the Timmins camp push Teck to act quicker or if the new management at Teck will follow the old playbook or use a new one. Personally for me the best news would be if another major bought out Teck's option of TPW. Lastly for a company with limited financial and human resources why would CD not have put out a release stating Teck had committed to Phase 2 instead of answering each individual request for this information. Barbados 2016 .