RE:RE:If Dave Palmer had any belief in the Novador project heBrutal time for Juniors or any company without a very strong balance sheet. Almost everything is getting thrown out along with the kitchen sink. Amazingly, Probe is still up YTD and plus 19.1% from a year ago.
This morning's release indicated enough cash on hand to finance the drilling plan into late 24', a huge number of small miners will be out of money in six or eight weeks. Probe is not for everyone, but it is clearly one of the best in it's class and for those who can stomach the ups and downs it looks to me to be a strong longer term play. Bankruptcy is not in the cards anytime soon and when interest rates show signs of a peak the rush to gold may be on. My hunch is we are closer to the bottom than some might think.
Strong treasury, great resource, IMHO world class management. Just need to get to the other side of the valley and the sun will come out. I will be around, will you?
Best, JM