common sense
posted on
Aug 26, 2011 04:55PM
as a non geologist is seems to me that drilling a massive number of holes in the nose doesnt make good sense. if there are visual signs of gold in all the holes then keep the pedal to the metal so to speak. if there are no visuals then drill some strategic holes in multiple areas and wait for the assays to see if the gold is economical.
the market has placed a value on borden of less than 22 dollars an ounce in the ground. that is not giving any of probe's other properties any value and not counting the 20 million cash on hand. i dont understand why a major wouldnt take a run at probe here based on the 4 million plus ounces inffered and the massive chromite deposit proven plus 20 million in cash. this stock is screaming of a hostile take out. i really dont understand how we can be stuck at 1.60. sure the pp just happened but gold is soaring and we just announced finding 7.2billion in gold minus mining cost. yes 7.2 billion with a market cap of 91 million. when is this sleeper going to wake up.