Re: Survival mode for the juniors
in response to
by
posted on
Oct 17, 2008 03:56AM
If memory holds I think it only cost Probe around $300,000 to drill eight holes at McFaulds west this summer,so with Probe having $5 Million in the kitty,the survival mode is no problem .It is more like spending money wisely and then we will still move ahead in this market,no matter what.
It will be business as usual with some of the best property in McFaulds area and lots of it.And that Victory project that seems to be an extention of McFaulds Probe owns 100% also is around 50 kilometers long.Lot of staking all around those claims of Probe by other companies .
With VTEM done all over now next round of drilling will be very interesting . This money will last a very long time and warrants in place at a nice price ($1.00 & $1.50) things seem to be ripe for Probe.
6 holes scheduled for McFaulds West in dead center of target and many more targets all over Probes properties.
VTEM pictures should be out soon.