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.

TSX:PRB - Post by User

Probe Gold Inc > Some somber thinking! Probe is about to be bought out.

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Comment by Schmobyon Feb 10, 2022 3:49pm

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Post# 34417965

RE:RE:RE:RE:RE:RE:RE:RE:RE:Some somber thinking! Probe is about to be bought out.

What JM? $25k-55k/ month is reasonable to you for a company that hasn't moved meaningfully in 5 years? How about a base, call it $20k/ month or whatever, the rest in options that are tied to increase in share price, based on the 20 day moving average, too much of a free ride here, if you want to eat you need to perform, shareholders need to eat after 5 years too...

JuniorMiner2014 wrote: Rosehill,
Thanks for posting. Those numbers seem reasonable to me. This is a highly qualified and experienced team. You get what you pay for. I am suprised at how little Jamie, Denis, Basil and Gordon took home. I understand the real payout to them will be when the company is bought out but in the meantime they have to eat.
Even if we cut everyone's pay in half it would not have a material impact on the operating costs for the company. Hopefully this can end the complaining about compensation.
Best, JM

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