Probe Gold Inc T.PRB

SUPPORTIVE CASE FOR PROBES MINIMUM C$4 valuation.

[Bobwalkerstocks]

 

According to the Probe presentation:

1) NPV is c$596m at us$1500
2)Fully diluted # of shares 151m
This valuation is only for Val’Dor itself so that’s why it is a minimum value of C$4.To the acquirer they want the transaction to be accretive.
At USD$1800 gold NPV is C$1051m which is C$7 per share
This is based on 207k ounces of production for 12.5 years  (Pg 6-7 of latest pres)
With 300k ounces at 12 years production this project is A BEAST!
EVERYONE should be after Probe!

[wm23four]

Here is direct link to map of PRB's Detour holdings. Overview | Probe Metals Inc. If direct link doesnt work:  Go to PRB main website page.  Hover over Projects.  Click on Detour Quebec GLTA

[Altim89]

But NOONE is after Probe  and that speaks volumes (or should I say Not Volumes) about management

[Myner2022]

My takeaway    Bob I agree with you that the base case for VDE is $4/share on the acquirer equation of the $7 /share on NPV based on $1800 gold I would add at a minimum to the share price holes drilled and reported  holes drilled and still to be reported Sleepy is excluded in the NPV  and so on

[mining23]

Does anyone think that the recent price action (finally!) is any indication of immenence of buyout or is it just randomish? 

[mtzorfas]

I'm pretty sure it's not evidence of a buyout. I bought 15k shares and it jumped on that because I made a market purchase like an idiot. Also, I view the recent announcement of heavy drilling to indicate that they are going for a bigger deal down the line. Could be totally wrong though. 

[freefoodfreak]

Is sleepy a drug medication or a cannabis play. :) Or is sleepy part of the Alexandria company? Now jointly owned by Probe and o3 mining? Myner please post info on the Sleepy deposit.    If sleepy holds discovered ounces why were they not put into our last resource? REALLY, WHY NOT?   ALSO Myner please can you elaborate on your post.  I’m not so smart could you tell