RE:How is Probe Gold creating value? A wrap up Well, all that and 6 million ounces ( +/- a bit ).
Still waiting on a ton of drill holes. Most interested in the expansion drilling in detour ...5-6 holes completed on what Dave described as a large system. Detour will be a good spinoff ... but a little complicated due to partners and other companies close by ..... still a good discovery.
I think we will see 4-5% of in-Situ value which is about 4.25 -4.75 as a buyout price. If gold takes off beyond 2600 PRB will follow to a higher buyout. We need 2.50 - 3.00 to get into a strong offer in the 4-4.50 range !
Patience and good luck to all. It has been awhile!