RE:RE:How low can Probe go? Well, gold should start to recover till the end of the year. It is so wierd tried to buy a kilo bar no stock anywhere and the premiums of 15% on silver amd 7% on gold to spot are atrocious. If there is no supply price should go up ! For both gold and silver. This is few months away until deliveries won't be met.
upcoming 43-101 will be interesting. The new rules suggest all underground drilling has to be presented as a constrained resource to be included .... this might take a few ounces away .... might get PRB to 3.6 million. Dave P will be completing 3D rendering of the project along side the resource estimate. The 43-101 changes will affect all juniors.
Drilling Costs are also becoming a concern! Really affects the deeper finds ....
nevertheless, it be been overly soft... we will see what April/May bring.
still waiting on Cadillac break results ? Expansion of the 8 gm per ton over 8 m
I am sure we will see more results mid April
GLTA