... is peanuts in terms of spending, siegfried !

It will cost $ 55.000 only (and 300.000) shares over 4 years in order to earn 100% !

That´s NOTHING !

From the NR:

Probe has the right to earn a 100% interest in the property by making cash payments totaling $55,000 and issuing 300,000 shares over the four-year term of the agreement. The vendors maintain a 2% Net Smelter Royalty (NSR) interest, while Probe retains an option to buy back 1% of the NSR for $1,000,000.

Cree Lake is more expensive, though:

70% interest will cost Probe $ 6M, 1M shares and 5000m of drilling.

Strange things going on !

My conclusion is that Probe is already in negotiations to sell / option their RoF properties and will focus on gold projects with this money.

Still wondering what the status @ Timmins is.

FANTOMAS