The 43-101 for the Borden Lake Zone currently stands at 4 million oz of M I + I, with a 90% recovery. Look at our neighbor, PDG, who just updated their Prelim Econ Assess today. They have 2.75 million oz with 95% recoveries, and an appealing $461 cost per oz.
So fast forward to Feb when Probe announces 5.5-6.5 million oz of gold in an updated 43-101 and their PEA to follow in March/April. With about double the oz of Prodigy, Probe will likely be scooped up by a major, because major producers want SIZE.
But wait there's more, that fold nose could hold several million additional oz, which any shareholder who can process a thought knows there is gold there (because there almost 20 holes already drilled up there)
So go fill the stockings of loved ones with SHARES OF PROBE! It is the gift that will keep giving well into 2012!
GC