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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

Post by Bobwalkerstockson Jun 08, 2021 11:48am
191 Views
Post# 33347909

Has Anyone seen the price upgrade from Research Capital?

Has Anyone seen the price upgrade from Research Capital?FInally some good news from analaysts: How can we get this in front of even more people though?!

ACTION: Maintain SPECULATIVE BUY on Increased Target Price of $4.25/share
Last week, Probe Metals (PRB) released what we view as a positive resource update for its
wholly owned Val-d’Or East gold project in Quebec. The update follows positive results from
metallurgical tests announced on April 20, whereby the concept of a central milling facility
won support from the lab. We now value PRB on that basis and raise our target price to
$4.25/share from $3.95/share, based on the continued use of a 1.0x multiple to NAV.


https://www.researchcapital.com/client/research/document/24292?verif=e85b1c0a6c7b47586e11d34ff83ddb20994ea774&o=8689a8b1
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