PROBE effect

Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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bravekind

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PROBE effect

posted on Aug 19, 2008 11:19AM

August 11th was the news release on drilling by FNC.

This is 8 days ago.

PRB was quiet / flat for many more days then this before its less then exceptional news release and a plummeting share price.

I admit this has some effect on me and I assume others as well.

With no news, the assumption is that things are not going well. This logic is the result of the experience with PROBE.

Is this a logical deduction?

Only hindsight will tell. Those who choose to interpret no news as bad news, in line with the PRB experience, will exit.