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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

Bullboard Posts
Comment by silvarlineon Dec 06, 2010 6:26pm
458 Views
Post# 17808665

RE: RE: VERY Interesting

RE: RE: VERY InterestingNot only is PRB located in a STRATEGIC location (situated between the Black Thor and Big Daddy chromite deposits) but what we have is now considered a STRATEGIC resource...this story just gets bigger and better.

Buy, Hold and Accumulate

Venturevest once stated in an post...  

"This is  why  Cliffs  did not chase after KWG.... it  would  simply set a  higher price  for  the Chromite.... as  Cliffs  can  move ahead  without  KWG,  but they  need  PRB to make the  whole  project  more efficent.... Without  buying  out  PRB,  Cliffs  will have a  higher  capex   pre  production  and  have to  leave some resources in the   ground.... With  PRB  they  have  the  outcrop and  better open pit utalization"

Just a thought .... Could Cliff Resources have intentionally left the acquisiton of PRB till last knowing that they would have to put out the bigger $$$$?
Bullboard Posts