Explor Resources Inc New EXSFF

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:dow down 600+ ... Venture up ..hahaha

[PhillyJack]

It is my guess that Gerhard Merkel is on the board to represent the German funds (some are pension funds from what I understand) that have invested in EXS.  I believe these funds are likely behind some of the recent weakness as they are locking in profits from cheap financings done several months ago.  I am obviously a bull on EXS, but find a junior resource stock to be an odd investment choice for a pension fund.  With that said, it would be natural for a fund manager to lock in profits on a large bounce in Explor, which is what we got as the stock went from the 5 cent range to the 20s, and now back to 14.  Mr. Merkel's own trading likely mirrored the trading of the German funds, since Mr. Merkel likely had knowlegde that the fund(s) would be selling to lock in profits and that it would be wise for him to do so as well in advance of possible price weakness.

The important thing for any investor on this board to realize is that such trading to lock in profits would have been done separately from the increasing strong fundamental story for buying EXS.  That is, the German funds locking in profits (along with Director Merkel) should not be seen or taken as a reason for us to be selling EXS in advance of news on TPW, Ogden, and Kidd Creek.

However, it would still be quite interesting to hear what Herr Merkel has to say on this matter.