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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 Sep 06, 2024 3:51pm
175 Views
Post# 36212385

RE:RE:RE:Sold

RE:RE:RE:SoldI never want to judge anyone's decision of what to do with their own money, but just out of curiosity- why hold all this time just to sell it 24 hours after they drop a massively good NR?  10m oz. of relatively high grade gold, in a great jurisdiction with easy access/infrastructure, after being so severely undervalued for all of this time...after dealing with all the pain we have been through for the last 9 years...there's no way I'm selling until we get acquired.  Probe is going to be on the very top of several producer's lists for acquisition now.  I guess if you're a day trader or something it makes sense.  But to anyone who's been holding this long, it would be a mistake to do anything other than just wait until they get acquired.  I'm not saying they won't go down to 1.30 before that happens.  But just doing the math the stock is worth anywhere from $7-$10 USD/share easy.  Not saying they will get acquired in that range, but that's what it should go for.  Anything under $5 US would be a travesty now.  It's hard to overstate just how good this NR is.
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