I have'nt read the contract that Probe has with Agnico-Eagle
but their 5% NSR means that Probe receives 5% of the
mint value of any gold produced from their portion of
the Goldex deposit, less the milling, refining, marketing,
and transportation costs - these last four items are the
discounts I'm talking about. David Palmer would probably
say I'm to high using 30%. He's probably correct.
Hence the use of "very conservative" in my comments.
Again, I have'nt read the contract therefore I'm
guesstimating..............eom