Re: What is the news and when will we get it?
in response to
by
posted on
Jan 14, 2015 07:36PM
Well said. They have had drills spinning for about 6 months and no real news. I guess we can assume all the drilling is just same old, same old and it won't add value.
I agree their is a bit of a hole in their bank account...but still 26 million of flow through to blow through is pretty good.
I still believe NIKOS is far away and if they aren't negotiating with Dave P then...Dave will probably not drill up to the edge of the NIK property.
I think it would be a more prudent investment to drill investigational holes, where applicable, between Borden and East Limb.
It seems a little to quiet....so two options:
That being said ....it's pretty quiet..and the conference in Vancouver would be interesting to attend. I was going to time a business trip and go ( since attendance is free ) but didn't get around to it.
I am hopeful...East limb will pan out. Their were some active mines North East of East Limb...Joburke Gold mine ( Ivanhoes old property sold to GTA ). In fact the Borden Belt and associated belt...listed on Probes website seems to align quite nicely with Daves theory.
I think we will see a financing ( as DP is in Dallas ).
Probe has submitted environmental and applied for a mining permit. If it's economic someone will step up. This dilution might drop the price to 6-7 bucks a share unless Probe can prove 2 or 3 other reosurces along strike.
I was hoping for lots of news as Dave had indicated their would be in his last speech?
Maybe the silence is Golden ( pardon the pun ).
Maybe, AEG is looking for a good Canadian project.
Hopefully, this PRB gets wrapped in a nice ...bow around mid march when oil starts ot recover. A nice buyout by April/May...then pour it all into oil.
This will all happen in good time. A couple of timely quotes.
Daniel Webster
"If you don't trust gold, do you trust the logic of taking a beautiful pine tree, worth about $4,000 - $5,000, cutting it up, turning it into pulp and then paper, putting some ink on it and then calling it one billion dollars?"
Alan Greenspan ( or was in Alison Redford ? )
"Politicians can't give us anything without depriving us of something else. Government is not a god. Every dime they spend must first be taken from someone else."
I got time...
You bring the shovel...I'll bring the lime.
Captain Time.