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 > No volume

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Post by biotechguy1on Sep 08, 2021 8:36pm

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Post# 33829218

No volume

Folks it doesn't matter there is no volume to speak of.

96K trades hands and company has an overall of 260 million so ....0.0369% of the value of the shares traded hands !

I think it's done 3 bucks plus a kicker (1 new PRB for each 3 outstanding) plus some cash which in reality will be around 4 bucks+.

Take the cash on hand, issue some flow through shares in the new company ! and voila repeat.

Detour could be positive ? PEA was based on 1500 u.s gold.

Lots of options Dave P could issue a small flow through 10 million shares at around $ 3.20 + or -. Drill some more till next year when interest in PRB's deposit is higher.

Personally, based solely on volume ...this is done! Dave P and his partners have quite a few shares too!

JMHO