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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 > Old boys
View:
Post by himmler on Jul 14, 2024 9:21am

Old boys

I think some posters here have facts wrong....these so called " old boys clubs" may exist,however that has zero to do with the possibility of a takeover.Should a company try to take out PRB it HAS  to be disclosed.Old boys mean nothing.
So far there's no attempts to do this,however it doesn't mean that another company isn't contemplating a takeover.There are games being played here,and at a little over a buck a share it's easy to do.The share price dropping on low volume for the last months and then suddenly we have good volume and a decent jump in price almost proves it.Theres value here,and although long term holders have suffered,there is hope.As long as drilling grades are good,and gold stays high,PRB could very we be targeted. 
Just my opinion.
Comment by biotechguy1 on Jul 14, 2024 11:06am
I would suggest himmler they you review the volumes 3 months prior to the last takeover ... you will see low and high volume days ...  interspersed... if it's eldorado well I think that would be best or Agnico ... but they too will be waiting for permitting.  It's all good I would suggest $1.60-&1.80 range then a premium to 3 bucks and a kicker for an offer ...maybe a 4 or 5 ...more  
Comment by Goodluck395 on Jul 14, 2024 12:12pm
There's also hidden value in higher gold prices in that Probe can lower the cut off grades which would result in a substantial increase in their gold resource. For example the Cronier project  From the technical report that Monarch released back in  2022 at $1600 gold with very high cutoff grades  "The reasonable prospect for eventual economic extraction is met by ...more  
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