Alexandria Minerals Corp ALXDF

RE:Probe Metals A Potential Suitor?

[Hollingerboy]

GH.....great info......FYI.....HB


Globe says new coverage rates Probe "speculative buy"
 
2018-01-24 08:35 ET - In the News
 
The Globe and Mail reports in its Wednesday, Jan. 24, edition that Canaccord Genuity analyst Tom Gallo says Probe Metals ($1.38) is poised to be a leading performer in the junior mining space. The Globe's David Leeder writes in the Eye On Equities column that Mr Gallo began coverage with on Probe Metal with a "speculative buy" rating and $1.90 share target. Analysts on average target the shares at $2.35. Mr. Gallo says in a note: "Probe has an enviable property package in a world class gold mining camp and is guided by a proven management team. Their flagship project, Val d'Or East (VDE) is scalable, with a 2-kilometre mineralized trend identified through aggressive exploration. The company will look to materially add to its 2012 resource estimate in Q1/18 which we expect could act as a potential rerating catalyst." Mr. Gallo calls Quebec "one of the best mining jurisdictions globally." He says Val d'Or is "a mecca for talented miners, drillers and technical staff giving Probe a distinct competitive advantage over other juniors." Mr. Gallo calls the company a prime M&A target. Mr. Gallo says, "Our model outlines a scenario we think could be attractive to a senior producer in the Val d'Or camp."
Read more at https://www.stockhouse.com/companies/bullboard?symbol=v.prb&postid=27432316#EhroDQJUQd5P1Ctj.99