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Bullboard - Stock Discussion Forum Probe Gold Inc (Pre-Merger) 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 (Pre-Merger) > Huge premium of 167% offered !
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Post by Myner2022 on Jul 03, 2023 10:53am

Huge premium of 167% offered !

Glencore AG announced today an offer to acquire all the shares of PolyMet Mining Corp it does not own.

The purchase price per share proposed by Glencore AG represents an approximately 167% premium over Friday's closing price .

Desirable assets still command a hefty premium!
Comment by stockwatcher7 on Jul 04, 2023 5:51pm
Just look at the POM board to see how out of touch investors are  in the  mining sector..... They did  not  have a clue  this was  coming https://stockhouse.com/companies/bullboard?symbol=t.pom
Comment by stockwatcher7 on Jul 05, 2023 11:27am
The same thing that just happened to POM  will happen to PRB.... When the time  is right  the  buyer of choice will just come in and  make  an offer, abiet and  oportunistic  one   such as  POM which  is  very  high from its  20 day moving average but still  low  compared to its  historic trading  range. ...more  
Comment by Altim89 on Jul 05, 2023 1:52pm
This company was stolen, are you claiming the same thing will happen to Probe?   Look clearly at their chart.   If you held that stock in the past several years you lost a good deal of money.  If that is the fate of Probe then everyone should sell know, wait isn't that what someone has already been doing? Probe trades like garbage because garbage is what Probe has for ...more  
Comment by stockwatcher7 on Jul 05, 2023 3:31pm
With the  exploration budget and  huge drilling  going  on  there  should be  monthly  updates  from Dave  on   where they are drilling and  what they are seeing... The actual  gold content  would  come  with the assay  results. You cant create optomisium for investors  when  a novel  of  ...more  
Comment by JuniorMiner2014 on Jul 05, 2023 6:06pm
They do update the presentation fairly regularly.  Here is a link to the Q2 update posted a week ago. Quarterly-Update-June-2023.pdf (wp-probegold-2023.s3.ca-central-1.amazonaws.com)  They also updated the presentation on June 21st.  See below link. 21.06.2023-Corporate-Presentation-Probe-Gold.pdf (wp-probegold-2023.s3.ca-central-1.amazonaws.com)  Best, JM