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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

Post by JuniorMiner2014on Feb 01, 2022 12:41pm
217 Views
Post# 34385801

Sleepy Mines

Sleepy MinesThat is not a bad description, in fact I kinda like it.  If you want daily excitement and a CEO who is focused on small retail investors Sleepy is not the place for you.  If you are looking for a company who focuses on doing the hard work behind the scenes, with little fanfare, quietly expanding a project that may be worth 3-4X it's current market cap in 18-24 months, than it may be a great place for some of your speculative dollars.

Unfortunately, I have invested in companies with a ton of "sizzle", and have seen the retail buyers come in with great excitement resulting in a big jump in the price only to be followed by a huge drop when the company results did not live up to the hype.  Had I been smarter and gotten out on the run up that would have been great, hindsight is always 20/20.  I would recommend caution when the story seems too good to be true.

So yes, Probe may be boring now and lulling you to sleep, but Dave has nine drills turning and is targeting 162K meters program this year.  These are real targets, Dave is not just drilling to drill.  Time will tell, but I expect the results to be very good.

I Feel good closing my eyes at night while Dave and the team quietly do the work. 

Do your own due dilegence.  Sell you shares if you don't think the project warrants your invesment.  My bet is this works out very well for the long term investor.  Not concerned with daily ups and downs.

Best, JM
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