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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

Comment by Rosehill1on Mar 30, 2022 12:32pm
208 Views
Post# 34559456

RE:RE:RE:Karen

RE:RE:RE:KarenA takeover is inevitable. Eldorado has already set up camp on our site. They have made a large invested in the company to be followed by an acquisition. These thing can take several years to complete as they work on the price. It can only accelerate if we have a second bidder come in. For now, Eldorado is in no rush to pick up Probe Metals. This is just my opinion. Just look back at how things transpired for Probe Mines. We could wake up tomorrow and see an announcement that a deal has been reached. That’s how it went down last time. Even Karen was surprized by the deal with Goldcorp. Seema is not the anvil on the stock price. My feeling is that Eldorado wants to keep the price under control. This is a deal between Probe management and the buyer. Much like the last financing round the price of the shares was set by a mutual agreement and not the by current stock price. I don't remember probe Metal reaching $3.10/share. Dave is not going to drill for 5 more years. 

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