roadrunner08's Profile
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Simply put the governments of the world like usa, japan and europe continue to print money at a massive rate. meanwhile the central banks of the world are playing a shell game with gold they don't physically have. at some point the truth will come out and the price of gold will skyrocket. probe is building its reserves and will get a true evalluation at some point in the next 6 months.
in the maritmes when the price of lobster is too low the fishermen hold their catch til the price rises to a fair price. the worlds gold producers should only sell enough gold to pay their operating expenses and dividend and hold the rest. maybe that would slow down the manipulators.
500000 ounces of gold production per annum. that is big. hold strong this will turn around and fast.
now that the results are in the question remains what will drive the sp. it looks like the pea will be better than expected based on the news release which is good news.
1) sale of rof assets for cash (hopefully sooner than later)
2) interest from a major (could be already going on behind the scenes)
3) price of gold (may to october imo)
4) additional drill results (2nd quarter)
5)pea looks good but cat may already be out of bag (march or april)
I personally like option 2 because i think it will be the one that eventually breaks us out of this trading range and puts a fair value on the resources we have. it is also the option that could happen at any time. it may results in less money but its all blue sky for me from here so i can live with that.
January 14th
it looks to me like the true value of probe wont be unlocked until a major starts kicking the tires in public. a series of positive results accompanied by the statement "open in all directions" have done little to move us. the 43-101 and pea should give majors a clearer pitcure to the deposit. as a shareholder for 4 years i would like 2013 to be the year i get rewarded. lets see what kind of interest we get in the next month or two. the time is now.