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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 JuniorMiner2014on Oct 24, 2022 12:19pm
207 Views
Post# 35043969

RE:RE:Insider Buying: Probe Metals Inc. (CVE:PRB)

RE:RE:Insider Buying: Probe Metals Inc. (CVE:PRB)
A few encouraging comments from a large shareholders who's opinion I respect:

I think this is the first insider purchase at Probe in over a year, which I take as a positive sign. (The Canadian dollar price of C$1.15 translates to about US$ 0.84.)
 
Palmer’s comments in the company’s last new release about recent drill results were highly encouraging, to me, as is the other commentary in that release. 
 
The infill and expansion drilling program at Val d’Or is now complete, although a lot of assays are not yet back from the lab, so there should be a further flow of data as that info come in and is interpreted. 
 
Meanwhile, my understanding is that initial exploration drilling in western Quebec is done, with results and company interpretation to be released before year end.
 
The resource update is underway, and will provide the basis for the Prefeasability Assessment  scheduled for next year.
 
The 2023 drill program will focus heavily on exploration drilling. The recent report that Monique resources now extend 2kilometers, and that they believe the geologic trend itself extends of 10 kilometers, principally to the west of the current resource, is very intriguing, since it could hypothetically intersect the Pascal’s and Courvan trends which run north/south.
 
Many good things going on, except the gold price. I believe that will change, a view that might gain some converts as Nouriel Roubini’s new book “Megathreats” gets reviewed…and read by some. In the transcript of his Bloomberg interview his views favor real assets that provide inflation protection.While he focuses on gold in the interview, the book will tell us more.

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