Re: Probe Mines Announces First High-Grade Mineral Resource Estimate for Borden Gold
posted on
Jun 10, 2014 08:30PM
HGZ is pretty good and as expected. What I don't understand is, how could 2 mioz of the low grade bulk resource just dissappear?? Grades of the previous estimate are the same as from the latest update. Dave was talking about "more conservativ", but loosing 50 % of the ounces, even if thouse ounces have already been indicated. Of course the concentrate more on the HGZ as a stand alone underground mine, but the reduction in ounces at the low grade zone explains why the PEA was postponed.
Over all, the latest resource should be more a non event concerning the share price , due to a pretty good hgz, at least I hope so. Further more a board member bought shares vor more than 100k , so they still believe in this project.
Its gonna pretty interesting tomorrow.last couple of trading days there was almost no trading and no leak at all. kind of strange, isn't it.
Have a good night, pash