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Bullboard - Stock Discussion Forum 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... see more

TSX:PRB - Post Discussion

Probe Gold Inc > Does PG want to be the 800- pound gorilla of Val-d’Or?
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Post by Myner2022 on Aug 21, 2023 7:06pm

Does PG want to be the 800- pound gorilla of Val-d’Or?

Warren Buffett
• Ben Graham said, “Day to day, the stock market is a voting machine; in the long term it’s
a weighing machine.” If you keep making something more valuable, then some wise person
is going to notice it and start buying.

IMO with it's recent aquisition and drilling in the area ,PG is becoming a standout consolidator!
Comment by mtzorfas on Aug 22, 2023 11:58am
That's all well and good, but the PROBF chart is down over 2 years and basically flat over 5 years.  If you had put that money in the S&P 5 years ago it would have nearly doubled by now.  On top of that, the buyout price is going to be based on a premium of whatever the price is when the buyout happens, so the stock price does matter- maybe not day to day- but  5 years is a ...more  
Comment by Myner2022 on Aug 24, 2023 11:17am
Last week's upbeat article from The Northern Miner In a research note on Tuesday, Canaccord Genuity analysts Jeremy Hoy and MacGregor Ross said they’re encouraged by the continued drilling success at Monique, “featuring hits outside the current resource envelope at comparable grades.” They added that they’re looking forward to the upcoming preliminary economic assessment (PEA) for the ...more  
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