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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 goldhunter11on Apr 07, 2016 10:44am
231 Views
Post# 24740590

RE:Probe Metals halted at open 2016-04-07 07:58 ET

RE:Probe Metals halted at open 2016-04-07 07:58 ET Not sure if the halt has anything to do with Thomas Green's article on PRB. The piece clearly indicated the date, Probe Metals, the target price of $3.5/s (and some 400% increase from a recent price of around $0.73/s. But the last paragraph talked about Probe Mines resources  before it was taken over by G (See excerpts below).

Just sent an e-mail to Thomas Green asking for some clarification with respect to his target of $3.5/s and if it had anything to do with the halt of PRB this morning. Perhaps,it would be faster if someone in the local area with Probe Metals of Thomas Green could give them a phone call to confirm, since people may just ignore e-mail.

The situation is quite confusing.
GH

RBC Capital Boosts Probe Metals Inc (PRB) Price Target to C$3.50
 

Probe Metals Inc (CVE:PRB) had its price target lifted by stock analysts at RBC Capital from C$3.00 to C$3.50 in a report issued on Monday, StockTargetPrices.com reports. The firm currently has an “outperform” rating on the stock. RBC Capital’s target price would suggest a potential upside of 392.96% from the company’s previous close...
...The project contains a constrained indicated resource of 1.60 million ounces of gold averaging 5.39 g/t Au (CVE:PRB) and an additional constrained Inferred Resource of 0.43 million ounces of gold averaging 4.37 g/t Au, at a 2.5 g/t Au cut-off grade."


Bullboard Posts