LATEST NEWS PROBE IS DOING A SLOW DANCE FOR ITS ACQUIRER. Breaking news ….
The following news explains why Probe is slow playing its projects by delaying or not wanting to show its investors its true value. Sadly Probe will be gone before drill results can be seen, they will not release an updated resource or a feasibility study. This slow waltz will be choreographed to say that Covid, then the backed up labs could not be done and suddenly we have an offer from our waltzing partner in disguise that being Agnico.
This slow waltz is hiding from Probe shareholders and suddenly they will pounce and management will agree with a large breakup fee to restrain other competitive offers.
This love dance is at the expense of the acquired shareholders whose display cabinet of value will not be shown. Probe is well represented on the Agnico Board by its chairman Jaimie Sokolsky who
sits on Agnico’s board. He is able to remove himself from the negotiations claiming insider conflict. In the meantime he can tell his minions at Probe what they must do to facilitate the upcoming merger.
Mega chess board on the move.
Big things are about to happen.
Notice Eldorado buys 9% stake in Probe.
3 strategic investors buy 9% of Eldorado.
A mega merge of players in ValDor players is getting setup to take place.
The Mega Merge
EGO, O3, Probe.
The 3 strategically who each bought 9% in Eldorado are
Blackrock
A and European Investor
Van Eck
I foresee the new Agnico making this merge capturing a major strategic land package with more than 13 million ounces.
The new Agnico consolidates it’s merger with Kirkland consolidating Canada most valuable mine Detour, on the Ontario and Quebec side.
This whole procedure is taking place under the “UMBRELLA” that Agnico and Kirkland are in the merger process. Their MERGER PROCESS is the capture of whole of ValDor and the European Investor and Blackrock are the facilitators to rid EGO of the Greek and Turkish assets.
This stealth move will be good for Agnico but will be poor for the rolled in companies like EGO, Probe and O3. This move will help Agnico get its market cap closer to Newmont $48 billion, Barrick $34 billion and the New NEW Agnico (Incorporates EGO,O3,PRB ) for a much closer and larger market cap of 24billion.
Watch out here comes the mega consolidation deal. Agnico does not want to purchase these smaller companies one by one.
SPECIAL NOTE... here comes the SWING after the waltz.
Ladies & gentlemen PUT YOUR DANCING SHOES ON! note that the AEM KL merger is scheduled at latest to close in 8 days time FEB 15th.
At the closing get ready to dance changing from the close waltz to the quick step . Very foxy
Use a little more deodorant it’s going to get hot and sweaty. Ooo La lah