Probe Gold Inc T.PRB

Alternate Symbol(s): PROBF

Metals & Mining Gold

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.

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Probe Gold Inc > Management and friends have fixed the price at $1.85...OK

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Comment by biotechguy1on Nov 11, 2020 1:46pm

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Post# 31878338

RE:Management and friends have fixed the price at $1.85...OK

RH

Looks that way ... I suspect we will see another finance in early 2021 ...so hopefully we are in the 2.20 range to get more bang for the buck.

Waiting on metallurgy ? Could be a DMS separation inexpensive .... so next is the 43-101 and Feasibilty .... with gold at 2500 CDN I don't think it will be hard to net out 1500 CDN an ounce for a net value of 4 million ounces at 6 billion.

Lots of mills in the area permitting will be easy ...but I think dilution puts us a 3 bucks still with a 4 to 1 new PRB shares ... probably need to get all the Val Dor assets out of mix, keep the Chromite, and focus on Detour

Just a guess

GLTA