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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
Post by Mojitoson Jun 17, 2020 6:52pm
224 Views
Post# 31162521

Don't Feed the Fat Cats

Don't Feed the Fat CatsDid you open your proxy?  Open it up and see how the fat cats were over fed generious salaries and bonuses.

2019
David Palmer Sal & Bon $660,000
Yves Dessureault Sal & Bon $415,000
Marco Gagnon Sal & Bon $330,000
Patrick Langlois Sal & Bon $317,000

That is over $1.7 Million in Salaries & Bonus for 2019

But wait there's more

Jamie Sokalsky ChairCat and Director
$100,000 for Jamie for sending a few emails and making a few calls

Everyone on thiis board and other boards should be irate, they feedthemselves and don't care about the shareholders.  Look at the price.and the charts for the past several years.  Vote Down the management stock package.  They are fat enough.
Peter Hug  a prominant gold investor was recently interviewed and stated "be careful of managment raking in high salaries, they will dilute when funds get low"  

Listen for yourself between the 11:30-13:00 minute mark, Google it.  the title of the interview is 

Gold price to break record by year-end; bullion premiums normalizing


It isn't discosed what they are making in 2020, it's likely over $2 million.  So fat, too fat, diabetic in fact.

Mojo

Bullboard Posts