Jack

I think Rosco 10 has made a fair time projection in saying within 3 years. The longer gold remains under $1800 the chances remain that some continuing price retracement can occur over the short term. The metal looks to me now as being in a long term ascending trading range of between $1400 to $2000 over the next six months, or so. I'm currently holding 10% in cash anticipating lower prices. If values come down fine, if not, then my core holdings will continue to appreciate, hopefully, of which PRB is the largest.

Of course, I don't expect Probe to be much affected even if gold prices do come off some. It must be real exciting fun for all to be watching this deposit grow. Dave deserves a lot of credit for pursuing the Borden area after many had passed it up for so long. Go Probe! Go Dave!