Cooper123
in response to
by
posted on
Sep 16, 2008 08:42PM
In the past five years Palmer has drilled about ten different
grassroots properties that looked "encouraging", "promising",
"the right environment", etc., etc. after the initial drilling. But
If he would have supported the stock each time as you suggest
he'd be broke by now because eventually all the programs died a
quiet death - the programs essentially all failed.
Is this a knock against Palmer. No.
Probe is involved in 1,000/1 shots (pick a number). Success is
rare. The probabilities are this Probe McFaulds program will also
fail. Its the nature of a very very tough business. Few
explorationists like Palmer ever find a property that becomes an
economic mine.