This is what Probe's PEA will look like in early 2012, after completion of the updated 43-101 likely by mid Feb. This is the PEA of Rainy River and Probe's Borden Lake Zone (yes not including any discovery in the North) is mirroring it.
A life of mine cash cost of $553/oz is appealing to the majors and mid tier producers.
http://tmx.quotemedia.com/article.php?newsid=46011799&qm_symbol=RR
So far, Probe's Borden Lake will only be open pit, vs open pit then mine as Rainy Rivers'.
As yourselves what price will the market put on Probe? Perhaps more than the $600 million market cap of RR.