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Bullboard - Stock Discussion Forum 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... see more

TSX:PRB - Post Discussion

Probe Gold Inc > Borden Lake Vs Novador
View:
Post by Altim89 on Feb 01, 2023 3:57pm

Borden Lake Vs Novador

Borden Gold project located near Chapleau, Ontario, approximately 160 kilometers west of Goldcorp's Porcupine mine. The highly-prospective Borden Gold project currently has reported underground constrained indicated resources of 1.6 million ounces of gold (9.3Mt @ 5.39g/t) and inferred resources of 0.4 million ounces of gold (3Mt @ 4.37g/t) at a 2.5g/t gold cut-off grade. Gold was ~ $1550/oz USD

Probe Gold at Novador has 5.1 million oz, some is 1.42 g/t at Monique.
Gold is $1920/oz USD

Which is worth more?   
Comment by biotechguy1 on Feb 11, 2023 10:13am
Go back to January 2015 gold was 1150 and Bitcoin was 600 bucks... oil was 24 -28 bucks. input costs like diesel, labour and equipment have rocketed. mining equipment is 3-5 year delivery trucks ball mills etc.  an existing company with spare equipment will buy PRB maybe....... crypto is magic foo foo powder ... to me!  it's all relative ....  glta