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Message: Re: PROBE and GOLDEX: all info on the AEM website.

Jan 24, 2008 11:06AM

Re: PROBE and GOLDEX: all info on the AEM website.

posted on Jan 24, 2008 12:07PM

So what's the real story here because I sure can't figure it out.

A 10 year mine life is projected and they have inferred resources but no mention anywhere as to how much of that resource they have to pay Probe a NSR on.  No idea when they'll get to the Probe claim either, could be a year could be 9 years.

McFauld Lake 'Ring of Fire' adds a lot of speculative value to Probe but that's not the same as actual value they'll eventually receive from Goldex.

Probe is one of the few players in ring of fire I don't currently own, probably should but would like to get better handle on this without waiting for management to finally releasing their estimate.

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