Re: Whats going on with Probe
in response to
by
posted on
Dec 23, 2008 08:25AM
Hey top-pic......seasons greetings. I continue to buy PRB and continue to average down! Here's why.
I have a strong feeling about the geology of their claims.....Victory claims, needs drilling but is VERY promising......also claims ON the RED LINE, a little north-east of Victory, anything on the RED line is hot, hot, hot, again, needs drilling. My favorite is McFaulds West, just north of NOT's Eagle 1. They are playing cat & mouse with this claim block, why? Good question, but look at the past action......PRB & NOT try to make a deal, no dice PRB walks....PRB drills, no big strike, only hints Pt Pd Au + anomalous Ni Cu,....they walk, promising to return. They discover a large, in place soil anomaly(NI Cu), 450m long and apparently in place....why didn't they drill this? go figure........it could be that they believe they have something, but are scared to prove themselves wrong. Maybe they would rather sell the claims rather than take a chance themselves They wouldn't be the 1st company to play it that way.
so.....I think that a company that holds property next to NOT's E1, and has drill results showing VERY interesting Pt Pd Au results and a VERY interesting soil anomaly(I couldn't find the results of it, but recall it was Ni Cu....hinting at it being from a massive sulphide.
My feeling is IF they do strike, the stock will fly like a rocket(okay not as high as last years metals bubble....but upwards & fast)
Failing the nerve to drill the hell out of their claims, and another ROF company strikes....then a nice coattail ride is okay to.
Failing the above, even a sale of the claims might work...depending on who to and for what. After all, Richard Nemis wanted those claims!!!!
Anyway those are just some of my thoughts......some of which may be delusional, but I am long on PRB.......holiday cheers....sambone