Probe Gold Inc T.PRB

Alternate Symbol(s): PROBF

Metals & Mining Gold

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.

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Probe Gold Inc > Price of Gold

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Comment by mtzorfason Nov 13, 2024 9:50am

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Post# 36310049

RE:Price of Gold

Does it matter? The price of gold in November 2019 was 1,460 US. PROBF was a .79 US. The price of gold is now over 2,600 and PROBF is at 1.09. In that five years, they have proven over 10m oz. of relatively high grade gold in a tremendous jurisdiction. The price of gold could be 10K and probe probably won't perform. Something just doesn't make sense at this point. The markets must be broken somehow because clearly fundamentals play very little role in the pricing of equities in the junior gold mining space; and probe is a clear example of that. Hopefully that changes but it's hard to believe it will after 10 years of it.

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