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 > Decent investment

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Post by biotechguy1on Jul 13, 2023 5:01pm

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Post# 35540176

Decent investment

If you think about the transaction .... most majors will pay 3-6 % of in-situ value max ( some exceptions ) 228000 ounces for 4.5 million buck CDN is ( 228,000 x 2,650 oz u.s. = 604.2 million 4.5 / 604.2 = 0.74 % of institutional value plus another 152 sq km ....

I think it's a no brainer and not really dilutive.

how is Dave P going to find another 150,000 metres of drilling without being dilutive ?

GLTA

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