posted on
Jul 31, 2013 02:04AM
Dave was on vacation last week. News could still be out this tomorrow, but if not will come by Tuesday of next week. My bet is continued great assays in the high grade zone will lead to an updated resource estimate in estimate in excess of 7 million ounces within sixty day....maybe sooner.
The land acquisition by the lake is is very important and likely to cost big cash and significant stock. I understand the owner to be quite wealthy and he may be trying to structure the deal to best fit his long term estate planning. I would not be surprised if some people think Probe overpaid when they see the deal, but I am very confident that it will prove fruitful for those who keep the faith. Gobble up what you can at today's ask, the days at under $3 per share are numbered.
We double by the end of the of the year.
Cheers, NS