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Message: buyout or nothing

buyout or nothing

posted on Jun 06, 2008 03:44AM

when i bought probe shares i knew there was risk of hitting nothing with drilling. i also felt at it's current price the risk was worth it and the royalties offered some insurance for that risk. partnering up with noront doesn't take away the risk of hitting nothing with the drill. it only dilutes the upside of a major strike.if noront drills probe's property and hits nothing it probably would be negative for noront's share price also.so i would like to see a complete buyout by noront or lets go it alone with the drilling.

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