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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 10:53pm
114 Views
Post# 35668248

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

RE:RE:RE:If Dave Palmer had any belief in the Novador project heI've been around since 2010 and will be around until the end either way because I like the assets and the team and ultimately think they get acquired. I just will be surprised if the end is more than 3-3.50/share USD and the sooner the better. The stock is basically even over the last 5 years so my rationale is it would have been much better to be almost anywhere else over that timeline and your money would have doubled in an S&P index fund over that timeframe. The assets are easily worth over 5/share USD for a takeover and I hope there's a run up and that happens...but would definitely surprise me to see it happen. The run up with Borden lake happened pretty quickly and it was a good- but not great- deal in my opinion. 
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