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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 Sep 04, 2019 2:19pm
258 Views
Post# 30095210

RE:The Resource Maven

RE:The Resource MavenYes, well.....lots of interesting items in the last NR.   Good deposits are hard to find.

Should NAV 100,000,000 for every 1 million ounces...so around a 240 million market cap.

Or 1.90 to 2.50 Share price.

Wait an see ...should see a flow through to fund the winter drill program.  30,000,000 buck will take the resource to 4 million ounces...

I noticed 03 mining ...Osisko's junior arm...is pushing seom drilling money into the fold.

PRB has tied up a lot ( like 60 % ) of 03's mineable lands.

Notice ......Osisko has a clean credit facility and can spend $ 450,000,000 or swap shares to buy probe  1 for 1 plus a kicker would work for me...$ 4.50 equivalent value.

O3 mining ....where they going to drill ????????????  that doesn't benefit probe.

Good luck trying to find 1 million plus ounce deposit in a safe jurisdiction with access to lots of cheap Hydro !!!

GLTA 


Bullboard Posts