Probe Valuation
The Ont announcement of roads into the Ring of Fire area should give Probe a higher SP valuation from now on. It may not really be noticeable until the roads actually get started to be built but I espect and hope that a bump should be noticeable in the near future.
Of the Ring of Fire companies Probe seems to be the only other one that sought to make itself viable outside of the RIng of Fire with Borden and managed to shift gears into other value gains while it waited for an appropriate time for its find to become a valuable commmodity. At least Probe hasn't gone into semi bankruptcy like KWG, DDI or NOT by hangig on until roads or railroad might be built. There are others in the Ring of Fire as well, but I am not sure of what their fate has been. CLF's in fact went into bankruptcy and left all kinds of things behind for others to clean up. I'm sure glad that Probe seems to be so forward looking.
I wonder if there will ever be an anouncement from PRB in regards to this. Maybe there will be some sort of allignment with KWG and NOT that will bear fruit.
These are exciting times.
TN