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Message: PP under CEE - another 9.9% block

Just speculating myself, but I don't thiink they would commit to the timeline of spending the $26 million required by the CCE unless the land deal was part of this agreement. I am guessing it is a very complex deal structured to give maximum tax advantages for the current landowners in addressing estate planning that could impact multiple generations. If this is the case it would have likely taken several months (4+) to structure the deal which likely predates Goldcorp losing out on the Osisko deal. The most likely scenario in my opinion is they have been working behind the scenes with AEM and the landowners on a deal. Probe gets the land, the landowners sell the flow thru to AEM and enjoy huge tax savings and AEM gets another 9.9% share of the company. AEM will continue to let Probe prove out the deposit with the $26M and be first in line to buy the remaining shares should the deposit prove to be what most of us expect. I can see the stock hitting $4-$5 before a buyout which would likely include a 40% premium putting it around $7 a share. I am happy to wait it out for $7!!

Fun to speculate, always good to hear from the rest of you.

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