I called after 5pm, got an answering machine & hung up without leaving a message & interestingly enough, thanks to call display , Paul Goulet(514-710-8290) called me back.

I wanted to know their spin on recent share price collapse and plans to turn it around. The market obviously reacted badly to results last month from 17K meters of drill core from Mexico that weren't that good. He went over their plans for the rest of the year , all of which is on their website and news releases, and he believes that for a limited budget junior that will be a progessive year. They will need to raise more $ , but the XOR is not big on diluting the stock. He also mentioned management owns alot of shares so are obviously doing all they can to increase value. He mentioned they've been criticized for not marketing the stock enough. Claims they wont burn cash to artificially inflate the stock and then not be able to deliver, would rather spend on the drill with their limited budget.

The high price of Gold bodes well, perhaps making old mines(property's they own) that were shut down when Gold was $200 an oz now feasible. HE STATED THAT HE BELIEVES THE SHARE PRICE SHOULD BE .25  AS WE SPEAK BASED ON PROPERTIES IN CANADA ALONE. He also believes they have quality properties in Mexico that will require alot of drilling.

Paul is very accessible(he called me), seems open minded to discussion,and  willing to share info. I would suggest giving him a call yourself with any questions you have, of course posting the answers here. I found it odd that he didn't know there was a XOR discussion hub on agoracom.

I'll hold onto my shares untill the end of the year...

Shakey