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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 Goodluck395on Feb 04, 2024 4:32pm
143 Views
Post# 35862082

Hub and Spoke Business Model

Hub and Spoke Business Model

The hub and spoke business model is used in many different industries. 


Top of mind would be Walmart's regional distribution centers supplying their stores in that distribution area.

On a personal level it would be the airline industry where I and my family have personally benefited from this model.

In the mining sector it's described as a central mill.

With the acquisition of the Croinor land package this hub and spoke business model has now become 

a reality. Why not extend this concept to include other explorers like Cartier Resources Chimo mine 

project.on an alliance basis. Similar to the major airlines alliances. All airlines are independently owned 

but major benefits drive these alliances.

So what would a benefit be?

For both companies the benefit is M&A where  an agreement to sell individually or as 

a whole without the acquirer negotiating on a individual basis for the whole. This could attract a bigger producer like 

a Barrick who are looking for a big opportunity in Canada.

Combined resource could be approximately 8.5m ounces of gold and an annual production of well over 

300 000 ounces.

Motto: One can create one's own good fortune.

Good Luck 



 

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