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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 mtzorfason Oct 03, 2023 5:45pm
112 Views
Post# 35667884

RE:If Dave Palmer had any belief in the Novador project he

RE:If Dave Palmer had any belief in the Novador project heAs much as I completely disagree with most of your posts- and I think Seema is doing great- I do occasionally agree with you. This is one of those times. We are currerntly positioned to get taken out with a lowball offer-  and at this point it's hard to even care. And you can say that they don't have to accept any offers but premiums are never that crazy so the buyout will be based on a premium of the stock price at the time we are acquired- so the price does matter. If they believe the company is undervalued- then they should be buying up shares left and right. Ultimately they would stand to gain more than anyone because the buyout price will be based on the stock price at least to some degree. The drill results look great, so why wouldn't they buy shares?  
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