I think someone posted that PRB had about $2,500,000 still in the kitty..... Borden drilling is running about $150 / meter all in including assays. Assays take quite a bit longer than in most drilling as almost the complete core needs to be logged, split and assayed. Most projects only require a short interval of assay if they are dealing with vein structures.... This is more time consuming as nearly the complete core is assayed as per the news releases.... thats why it seams like forever.

Now if Dave commits about $2,000,000 to drilling Borden that would buy about 13,000 meters..... at 200 M avg /hole that would be about 65 holes...

Now if the deposit continues to expand in size, and half of those holes drill infill we are on our way to a very respectable first cut on a 43 101 sometime this fall... my estimate for timing..... He still hasn't defined the limits of the deposit as yet.

Sometime during this time frame either AEM will come through, Cliffs will come through or a financing in the $2.50 to $3.00 range could occur... Funding won't be an issue dilution will be minimal either way.

In any case Dave has no intension of financing at this time..... and the drill continues to turn.... Acording to the last news release this round of drilling, 5,000 meters will get us to 31 holes therabouts..... and I bet drilling will continue after that as well. The current funding appear to provide enough cash to complete borden to about 75 to 100 holes.

Dave is a very clever guy and substantual shareholder and seams to be steadfast about geting shareholder value to the max... be patient and confident in his role.

Have a great weekend.... hopefully news next week .... maybe some drill results on what has come back so far????

Company Stock Issues - Probe Mines Limited

		Symbol	Name
		PRB	Probe Mines Limited

Fundamental Data - Probe Mines Limited

		Security Type	Equity
		Shares Issued	37,743,415
		Market Cap $	59,635,000
		Year High	2.38
		Year Low	0.27
		Sector	15104030 - Gold

Restructures

		Date	Old Symbol	Old Shares	New Symbol	New Shares
		2003-12-31	YPB	1	PRB	1
		2003-03-04	YPB.T	1	YPB	1
		2002-12-12	YPB	1	YPB.T	1
		2000-10-02	PRBM	1	YPB