Explor Resources Inc New EXSFF

posted some time ago by you know who

[younggun3]

Since the Eastford Lake porphyry is actually bigger than the Pearl Lake porphyry, then we know that this will be a BIG system IF we nail it. This is elephant country so what would a Hollinger/McIntyre type of deposit do to the EXS share price? Put it this way: a 2M ounce insitu deposit worth $1.5B would allow me to pay up to 10% of insitu metal value or $150M divided by 43M shares o/s= $3.41 per share without taking on excessive risk.

Now, we do not have a discovery yet so don't overreact to that last statement. That is only an example of what management is looking for and how they are spending our money.

thought i would repost for $hits and giggles