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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 > This stock feels dead
View:
Post by Bobwalkerstocks on Nov 17, 2023 3:05pm

This stock feels dead

No new meaningful news or meaningful volume on a while. Management is invisibile. Seema sends a canned email every few months on drilling.

What can be done? Anyone speak to management? Anything to be excited about? I've started to trim my position
Comment by mtzorfas on Nov 17, 2023 11:14pm
I spoke to Seema at length. The PEA is supposed to be out in January/February and they think if it shows 330k oz./yr. Then it will be an attractive acquisition target. They blame the risk off environment and lack of acquisition activity and majors having their own issues to deal with as the reason for not buying juniors etc. some of it is valid and some of it is excuses in my opinion. I find the ...more  
Comment by biotechguy1 on Nov 18, 2023 9:33am
MTZ Their are a lot of other forces in play.  Right now the crypto fantasy is taking the lead.  The exchanges are designed to pay on "The transaction".   Much like taking 60 bucks out of an ATM ... you are charged $ 2.50.  All of the crypto's are designed to be transacted and the concept is to charge for partial coins etc.   that is my interpretation and ...more