HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Probe Mines' directors approve poison pill

2010-08-16 08:13 ET

Mr. David Palmer reports

PROBE MINES INITIATES SHAREHOLDER RIGHTS PLAN

The directors of Probe Mines Ltd. have approved the adoption of a shareholder rights plan dated Aug. 16, 2010.

Anyone been watching the fireworks since PRB made this announcement?

My point being, I am not sure if there is any rush to get too excited about todays NR. PRB's takeover speculation has cooled quite a bit since the initial euphoria.

JMO you may still have time to hop aboard if you you want to avg down.

Hoping for the best, but preparing for a long(er) journey.

GS40

PS I think prb looks like a buy at this level as well...a touch over the 50% retracement from the start of its run.

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