Won't need to do another PP as there are warrants @ $1.00 which just need the share price to go up to begin execution...

They have a forced conversion after 20 days over $1.75 and are good till Nov 6th 2009..

Thats our next target price.... over $1.75 fo 20 consecutive days.... This will add the additional funds you may think we will need.... for further drilling next winter..LOL

There are some additional wts at $1.50 from the FT financing. which will also be in the money. These have a forced conversion if over $2.00 for 20 consecutive days

I think the $6 million in the back will do us through the summer. Tamarack drilling is on Mantis balance sheet. Probe is the operator.

So all we need is some momentum in the stock price and the funds will be there for next winter as well. Then Dave can do the next financing at $10.00...LOL

http://www.probemines.com/i/pdf/McFa...