Re: New Property Acquisition
in response to
by
posted on
Dec 06, 2012 05:24PM
Dr. David Palmer, President of Probe, states: "The acquisition of the Ivanhoe property is strategic for Probe as it covers the remaining section of the Borden Lake belt in this area. With the addition of Ivanhoe to the property package, Probe now controls over 136 square kilometers of virtually unexplored ground along strike of our discovery
this statement seems to indicate probe has all the land in the area that they want. my first thought was why go out and actively purchase land packages around your deposit if the drill results you are seeing are poor or diminishing. it makes sense to withhold great results when you are in negotiations to buy your neighbours land. maybe now probe can release some stellar assays and give the market a look into the future. the ironic thing for me is that i would prefer to see a big rise in the sp in early january so i dont have a huge capital gain this year. jan 2 would be just fine.