David Palmer and Dennis Peterson, the historical leaders of the Probe Mines (sold to Goldcorp for $500 million Canadian) board of directors, hold similar roles at Probe Metals and Canstar, although the Probe Metals board is now larger and more broadly credentialled as befits a strongly financed and diversified exploration firm. Still, the key projects at Canstar reflect that earlier period of leadership that predated Probe Mines dramatic success, and thus have merited ongoing attention.
Canstar's initial drill campaign just started, with the potential of the Kenora project laid out in a new presentation that shows some very intriguing IP images. While my major bet remains on the Val D'Or flagship at Probe Metals, plus its other promising projects and deep treasury, Canstar is worth reviewing by those who respect the PRB team, with the caveat that the stock has jumped on rising volume this week. I think that's a positive indication, but we all have been fooled before.
looking forward with great interest to the next assay reports from Probe, and the first drill reports from Canstar on the Kenora project.
NSS
