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Message: Re: RR got bought out!!!
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May 31, 2013 07:33AM
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May 31, 2013 08:17AM
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May 31, 2013 08:35AM

Thanks Mark, of course it was a good return. But I did expect more. Last financing was at $5,50. After tax NPV is 900mio (5%, Gold @1400) , after tax IRR @ 24%. Pretty good numbers for a deposit in such a great mining jurisdication. Even gold at $1200 the numbers are still pretty good. And still lots of exploration potential. ON the hole its not a good deal, way to cheap.

I bet Dave got some offer as well. Don't even wanna think about selling Probe around $2.

One day Probe will get bought out. Just a question of time. And don't forget, Probe is still pretty cheap and there is so much exploration upside. Once again. Best story!!! Next week news!!!

Pash

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May 31, 2013 01:58PM
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May 31, 2013 05:26PM
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May 31, 2013 11:57PM
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Jun 03, 2013 10:15AM
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