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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 djStainlessSon Aug 08, 2024 1:34pm
140 Views
Post# 36169791

RE:RE:RE:RE:Lost money

RE:RE:RE:RE:Lost money


You could have the greatest asset in the world, but unless you work hard to raise visibility we'll go no where.  My nonstop complaint with PROBF is the lack of elbow grease from all the hammock swingers.  Look at the executive compensation of everyone.  Absolutely mind blowing that they keep handing out stock to all these turds.  

Board:  Salary - share based compensation - Total
David Palmer
675,700 - 509,608 - 1,185,308

Yves Dessureault,
432,300 - 288,324 - 720,624

Patrick Langlois
380,800 -  263,601 -  644,401

Marco Gagnon
353,700 - 260,622  - 614,322

Jamie Sokalsky, Chairman of the Board 115,000 294,226 409,226

Gordon McCreary, Former Director 25,000 145,870 170,870

Basil Haymann, Former Director 25,000 145,870 170,870

Jamie Horvat, Director 82,000 145,870 227,870

Dennis Peterson, Corporate Secretary, Director 50,000 145,870 195,870

Aleksandra Bukacheva, Director 74,000 165,625 239,625

Renaud Adams, Director 37,500 83,772 121,272

Total 2,251,000 2,449,258 4,700,258

While Probf lists and sways in the battering tide, these fat cats collect crazy compensation.  Most of these turds do absolutely nothing to raise shareholder value.   It's been like that for a long long time.  So much so, that a good chunk of monies raised, which dilure all us longs, are used to pay compensation.  

If a positive news release falls in the woods and no one hears it fall, did it really fall?

You want to really get your blood boiling, go look at how much stock these fat cats have handed out to each other over the years.   Nothing raising shareholder value

Get out of your ivory towers and start providing value

Geeesh
 

DJ SS

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