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Explor Resources Inc New EXSFF

Explor Resources Inc is a Canadian company which is engaged in the acquisition and exploration of mining properties in Canada. Its projects comprise of Chester Copper Deposit, Bathurst Mining Camp, Timmins Porcupine West, Montrose, Kidd Township, Carnegie and Eastford Lake among others.


OTCPK:EXSFF - Post by User

Bullboard Posts
Post by jvtayon Mar 05, 2010 11:11am
222 Views
Post# 16847542

Gotta admit...

Gotta admit...However this turns out, and no matter how it is spun, and no matter what rationalizations and rationales and excuses are given and analyses are done to try to make this set of circumstances / activities / happenings all kosher:  

1) insider selling high just prior to what ANYone with an oz of experience in the market (forget "retailer" ignorance, as McCoach is trying to tell us) would call disappointing results (nothing wrong with insider selling, of course, so the simple fact of it isn't the point obviously),

2)  Delays in publishing results with setting up of second drill  and "re-assaying" of initial cores to make it look as though the results were somewhat spectacular, when it would certainly appear they were held back for just the opposite reason,

3) McCoach's pump and pump (and pump...and I get his MS newsletter...at least it's dirt cheap...hmmmm...maybe for a reason?)...even to the point of naming a day (that was also missed...hmmmm2...did whoever he was in contact with at the company decide that that would just be TOO coincidental if his Wednesday proclamation came true?...so they held off another day??...dunno),

4) McC's missive last night putting the onus on the (stoopid, he implies) "retail" buyers for first of all pumping up the price (it was much more HIS pump spread thruout the internet mining universe that did it IMO) and then not getting just how good these results are, when he himself can't help implying that they're not really all that good...just read his last line:  "This too shall pass"...huh?...why should we want it to pass if it's all good?,

5) McC's using an exact paragraph out of DD2005 blog...??coincidence...obviously not.   No credits given...and that could get a syndicated paid newsletter writer in trouble...plagiarizing??   Very strange at the very least, even if there's nothing amiss,

...anyway, my point was that as I thot about all this, I couldn't help but notice a bad odor in the air....heck maybe someone just farted...but it sure wasn't the perfume of one of my explorers hitting a glory hole...

...so I sold 1/3 this am @$.74...which makes my shares free now and I will watch with the rest to see how this little drama unfolds.   It certainly has done nothing for my confidence or trust in mgmt (or McC for that matter).   They could still earn it back with some deeper success, but this is certainly not where I'm putting any more money for the present, no matter how low it goes, until I see that this is more than just another wannabe Timmins explorer with a pretty powerful PR machine...jt

...all JMO...

$^)

Bullboard Posts