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Probe Gold Inc T.PRB

Alternate Symbol(s):  PROBF

Probe Gold Inc. is a Canadian gold exploration company focused on the acquisition, exploration, and development of highly prospective gold properties. The owns 100% of its flagship asset, the multimillion-ounce Novador Gold Project in Quebec, as well as an early-stage Detour Gold Quebec project. The Company holds a large land package of approximately 1685-square-kilometres of exploration ground within some of the prolific gold belts in Quebec. Its Casa Cameron Project includes the Casagosic, Sinclair-Bruneau and Florence properties, which are located north of the towns of La Sarre, Amos and Lebel-sur-Quevillon, northwest region in Quebec. It also holds three properties in the James Bay Lowlands area of northern Ontario, Canada: the Black Creek Property, the Tamarack-McFauld’s Lake Property, and the Victory Property. The Company has a 50/50 joint venture with Pan American Silver on the Meunier-144 property. It also owns 100% interest in the Croinor Property located in Val-d’Or, Quebec.


TSX:PRB - Post by User

Bullboard Posts
Comment by biotechguy1on Aug 20, 2014 11:35am
302 Views
Post# 22860272

RE:RE:big jump

RE:RE:big jumpHold ?? Yes, well the big reason is why sell ? Tightly Held...can anyone really time the highs and lows and make significant money....on a routine basis I doubt it. Parking Risk Capital: PRB is lower risk than most. Negatives Need to clarify land position east limb to Borden. Need cash to develop a mine Positives....... Tons of drilling cash Lots of clients owning large blocks of shares, AEG Can go open pit or below ground depending on PEA results. @ 6.5 - 7.5 million ounce it is a resource...just a matter of time Good jurisdiction looking for development. If you add in the Chromite as say 70 million probably about right then PRB is worth about 4-5 bucks a share. Still drilling and probably on East Limb. Once the land position is clarified..sold...then we will see a rise to 4 bucks...as the full rights to the mine are achievable. Under the lake and close to the lake PRB is 100% ..start mining there first. Regardless ...tightly held buy mostly long range investors. The folks that invested 26 million....probably want a 3 or 4 fold buyout. Good plan. JMHO GLTA
Bullboard Posts