In Dave's presentation he states more than once, the graphics as well,
they are working their way to being a miner. Not an explorer. Not a developer.
Now I could be over reading Probes interpretation of the word "miner", but I
don't think so because of other reasons. Probe really has'nt been acting or
speaking like they intend to sell the BL property. Of course things can always
change.
To me this means they are going to build a mining operation team.
It means the financing is there if the PEA. Met, PFS. and FS work out and
gold stays above the current level which to me means all things being
equal as of today BL is a marginal operation when all-in costs are considered
not the phoney cash costs that most people use.
DP must have confidence that they have the institutional support to repel a
low-ball bid by the Yamana's of the world.
Incidentally I'm not against Yamana. I've been in
Yamana from nearly their beginning and seven/eight years before that with
Yellow Point before it became Desert Sun. So I'm very happy with Yamana.
eom.