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Message: Re: bnn interview
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Dec 03, 2010 02:11PM

I've felt strongly for a long time now on the future of our 5% royalty interest at Goldex. Although I can't geologically prove its future revenue stream, I have wondered why we don't have some concrete information coming in that was expected from comments here. Yes, Sean Boyd has spoken over and over again of owning 100% of their projects. Then the question arises, if Agnico were contemplating some type of deal with us, why should they give us any good information that would go against their proposing a beneficial deal for them to buy the royalty or our other gold related properties? Does anyone know if they have the right to purchase the royalty at a fixed price?

The Lake Shore Gold holdings in west Timmins look impressive. Would Agnico have interest in this project? If they do turn out to be interested then it would be proper to take the holdings of Probe as well that surround LSG's discovered gold. Is Agnico looking at Borden Lake with its initial interesting gold intercepts in a past unexplored area? If Agnico took out Lake Shore and us similtaneously, they could deal with Cliffs later with more clout. Like res-investor has mentioned, it makes little sense for Cliffs to move ahead with their Chrome project without our centerpiece property.

I'm more interested on our increased focus on gold which Dave should be proud of himself for pursuing. I read where an economic nobel peace prize winner has said that the world is in the worse shape, monetarily, that it has been in 3000 years, yes 3000 years, and that the future for the precious metals looks outstanding. I just don't want to give our properties away at a bargain basement price to someone else for their underserved benefit. If Probe just peels off the chrome holdings we would be able to drill out Borden Lake like swiss cheese. That project might even turn into a mine and if it does, these recent ups and downs in the shares will look like child's play looking back upon, someday.

Probe went up for a reason, or reasons, with just a few corporate news leases. The folks selling don't seem to grasp our potential with higher gold prices coming which have been predicted by experts with excellent track records. The financial world is coming unraveled at the seams with the threat growing everyday that an implosion of gigantic proportions is just a matter of time away.

In this environment, I would venture to guess that about 90% of the world's population has no idea of the financial disaster that awaits them. Probe Mines is more secure now than it's even been. Dave just has to pick up a few more gold properties, which he has been doing, with news releases to educate the investing public that Probe Mines is serious about gold and its future.

I'm quite pleased with the recent leadership that Dave has given the Company

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