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.

TSX:PRB - Post by User

Probe Gold Inc > Globe and Mail

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Comment by stockwatcher7on Apr 14, 2023 3:18pm

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Post# 35395840

RE:RE:Globe and Mail

ELD would be better off taking a run at MOZ for the same price.... say 1 for 10 for a project already in development and financed. That would be about 600-800 million equivalent....I think if ELD runs to 17.50 then all 78 million wts would be forced exercise and that would put $100 million into the project for operations...JMHO

I think a deal with AEM is more logical for PRB.... similar to the previous deal, spin out the remaining assets and Dave continues his exploration expertise. ELD could just hold the 15 million PRB shares or sell them ( Cross them out as before) but now they are just under 10% and not an insider. JMHO

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Silvercorp to expand into Ecuador with C$200M Adventus acquisition