Probe Gold Inc T.PRB

Alternate Symbol(s): PROBF

Metals & Mining Gold

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.

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Probe Gold Inc > Notes from reading Eldorado forums

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Comment by Schmobyon Jul 29, 2021 3:38pm

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Post# 33626895

RE:RE:RE:RE:Notes from reading Eldorado forums

That's a great question!

I've been in Probe for over 10 years and the wait this time was a little longer than I had anticipated. Managed to get some 43 cent spinout shares and added for 200k shares total.

I had been hoping for $5/sh at the begining but that is looking like a bit of a long shot now.

I would hope that the key big shareholders are gobbling up shares to get this up to a fair buyout price. I always pegged it in the $500-600m range and I think that is low tbh. I know Rose and Bio have been around a long time as well.

I would like to see another spinout also.