Probe Gold Inc T.PRB

response to Mustlovedogs01

[JuniorMiner2014]

What are the near term catalysts?

We are still waiting on assays from 70 holes.  If memory serves these are primarly from Monique which looks very promising.

My guess is some of these are in and Dave has determined it in the best interest of shareholders to hold them until he completes another property acquistion.  Don't want to show strong results on property directly connected to other property your are already in discussions to buy.

Eight drills turning?  I don't remember them ever having more than four in the past.  The improved geophysical work has identified 162.500 meters that Dave is going to drill this year?  He was hitting good grades prior to the better equipment, he would not drill it if the evidence did not support spending the money.  Betting these come with some very nice grades.

I recommend going back and re-reading the releases, look at the facts and develop your own thesis.  Mine is that Dave has given us just enough to read the tea leaves without making it so clear that a major swoop in and try to steal the company.  

There are some very smart folks on this board who's opinions I respect, but based on their buyout target numbers I don't think they are reading between the lines on what Dave is telling us.  My target is over $5 and believe Dave thinks it will be significanly more.

JMHO.  JM

[Mustlovedogs01]

JM. Great response.  Thank you.  With that said, I have wanted to exit the stock for some time now.   I am one that firmly see's the markets as anything but free.  Probe though is the poster child and investing, buying, selling with no basic fundamentals of support/resistance/breakout etc  is a total casino unless you simply hold and go long.  I can say that with

[Rosehill1]

Great post JM!   Dave learned an important lesson at BL. That’s why I like your comment.   "My guess is some of these are in and Dave has determined it in the best interest of shareholders to hold them until he completes another property acquisition.  Don't want to show strong results on property directly connected to other property you are already in discussions to buy

[Altim89]

Blah blah blah    The fact is there is NO audience that is gathering to jump into the stock.  The company has let existing shareholders down.  The stock price isn't doing much.  If funds and investors are reallocating to assets this dog is overlooked.  With no volume no investors.  No investors so no volume is created.   The cycle on this dog

[Rosehill1]

I can think of 89 reasons why a $3 buyout would make me happy today ...LOL. 

[mtzorfas]

Great to see some real, quality discussion and posts on here!  Keep it coming!