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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 Jul 12, 2024 3:04pm
108 Views
Post# 36130672

RE:RE:RE:RE:RE:Volume?

RE:RE:RE:RE:RE:Volume?They are operating in another universe with a mindset that worked in a time long past.  20+ years ago, in a relatively functional market, you could build a great asset and get value back for it within a reasonable time frame and achieve good results for the shareholders.  The current M&A market requires not just good geologists, but great business/marketing people who understand the market.  You can't just ignore the stock price and ultimately get a fair result because the players involved aren't playing the game fairly.  It's a very dysfunctional market with very little M&A happening.  I really hope I'm wrong but the asset is worth 5+ a share US and it would be surprising to me if we even get to 3, which is a massive disappointment when you consider we are now like 9 years in.
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