Hi Jack

Possibly considering the general attitude in the group, the expectations that led mining shares higher in mid-August when the 1900 level was breached proved to be short-term, too advanced. Now that gold is in its consolidation phase we have been blessed with exceptional news. There are very few related companies compared to ours that are above their high levels from mid-August, most continue to sink.

During gold's current re-energizing phase is the time period that the naked shorting crowd attempts to pressure ALL precious metal shares lower feeling out their chart vulnerabilities. Our major support is $1.80. Fundamentals are always important but when the current attitude in our group is waiting and watching during this resting phase, expect the miscreants to keep the pressure on prices.

Unexpected good news for Probe will move prices higher but for the time being, atleast until gold moves above $1800, it is suspected the shares will be on the defensive until then.

Martin Armstrong http://www.martinarmstrong.org is writing a book and when released it will be titled, The Geometry of Time. I believe his general premise will be expended energy and expected time contraction of price movements within time cycles and more. Jesse Livermore once said, patience is a powerful tool of the investor.

Naked shorting works only for so long and then those contracts have to be covered. There is nothing more bullish for a stock than to have a continuing flow of positive news met by the naked shorting naysayers. I assume we are all in Probe for the big pay-day as I am. If PRB gives a little more with any weakness in gold in the weeks ahead, I will be there with my fishing net.

Dave certainly deserves great admiration for his creative thought process that led to the acquisition of the Borden Lake claims.