Probe Gold Inc T.PRB

A week from today

[JuniorMiner2014]

Beaver Creek starts tomorrow, runs through Friday.  Dave is certain to have meetings with some big players over the next four days.  With the new resource update there is sure to be some excitement   Any guesses on the share price a week from now?

[Gold2000]

I don't know but I'm fairly certain that in a few weeks or a month, we'll all be looking back at these prices and scratch our heads that we didn't load the boat!

[Goodluck395]

Selling at $US 40 / ounce of resource bottom of the range $C3/ share  and the top end of the range  Selling at $US 80 / ounce of resource which equates  to $C6 / share Just my humble opinion which may seem surprising  to the many out there!

[mtzorfas]

Unless chatgbt is hallucinating, a conversative estimate based on past acquisitions is 100-200/oz. Depending on several factors.  Borden lake went for 75/oz in 2015 at a much lower gold price of like 1200/oz. So the gold price has doubled since then. I think it would depend on the grade, accessibility etc. but 80/oz is too low unless I'm missing something. 

[Goodluck395]

Just to clarify  My stock price expectations range  from $C3 to $C6 / share for the end  of next week 

[mtzorfas]

Ah, gotcha. We are due for a significant re-rating. I hope we are both right. It's fun to speculate and one thing I have faith in with DP is that he knows what he has and what it's worth. 

[JuniorMiner2014]

The fundamentals certainly support your estimate. My guess is a bit lower in the short term.  Say $2 Canadian on Monday. But $7-$8 within six months.  Majors are not likely to wait for the updated PFS.  By then it would get too expensive.  Have to believe their will be suitors by year end.  Question is whether or not Dave is willing to sell the entire project or take on

[biotechguy1]

JM  Maybe... if AEM shows interest Dave P will have to part with Detour.  It will be 100% sold.  I also think with Borden.  Gold corp planned to jack their share price then cancel the dividend.  So gold corp cratered!!  So it will probably be a cash deal ... somewhere between 600-750 is my guess ... without a producing mine it just won't get there unless there

[JuniorMiner2014]

Bio, you might be right but my guess is Dave would be hesitant to take that. With the updated resource estimate, current POG, and likelihood of increasing to 12-13M ounces a year from now it will take closer to $5 to get Dave to agree and that would be a steal for AEM.  Time will tell.  I would be happy to wait another year for the upside.  

[biotechguy1]

True ... but dilution is dilution! I have no doubt Dave could drill for another year.  It would be nice if we can get into the 2.75-3.25 range and Dave can do a small finance 10 million flow through at  4.25-4.50 something like that.  Dave P can do another 150,000 metres next year and really ramp up Croinor and  ideally someone buys 03 for there Marban alliance and PRB