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Message: Worth The Wait !!

So I have had verbal and written correspondence from Houston to Phoenix to Eastern Canada!

I think all the posters should be reminded of Dave Palmers comments !

Essentially, Dave has alluded to multiple zones and that Probe Borden is an area play.

This is a good thing.

My theory is this :

  • Probe is on east limb and has been for a while. 4 drills spinning but only 3 on Borden Lake area since March.
  • PRB has hit another zone and has come back to the lumber people and said excuse me.... but can drill these other area finds since we have 26 million of flow through.
  • The Chance of us mining the high grade 50/50 zone is slim to none.
  • So the "new" deal ( and yes I believe it is new ) is cash and shares TIOLI ( take it or leave it )
  • So with other strikes...the chance of getting to the high grade immediately are slim maybe ?
  • If their is an agreement any other strike zones will lower the chance of the lumber people ever seeing a nickel so i suspect the deal will be cash and shares.
  • NSR's can be messy if the company mines around the actual zone (happens a lot)
  • Close to infrastructure
  • minutes from town
  • First Nations agreement in place.
  • Gold > 1600 ounce makes the low grade zone feasible.

How much would people pay for a new gold zone ? 10 a share 15 a share 20 a share ?

Gold is rising and will continue. Look around at all the re-patriation around the world. Germany is still waiting....and the Chinese are gobbling up Gold...like Crazy look at the SGE ( shanghai gold exchange ). I can't emphasize this enough. Comex is paper not physical Gold...and Shanghai is all physical, 72 hour settlement and delivery. Volumes are 100 + tons a week....where is it all coming from and going to ? Gold is not allowed ot re-enter the SGE so it is real...hard currency.

Gold is on "sale" and Banks, SGE, and countries Russia are gobbling it up. Almost a BOGO compared to 3 years ago.

I am still confident we will see 1400 - 1500 ounce gold this December and 1800 - 2500 next year.

Too much FIAT instability !!

This is the best of times.....for Gold and Silver. Play it safe Silver Wheaton...

Time is an illusion ( Albert E Einstein )

Just like the FIAT currency and indebtedness around the world...Illusions all of it.

"Always dig the hole first" You bring the shovel I'll bring the lime.

Captain Time.

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