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Message: Three Companies In One
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Three Companies In One
Probe Has Gold, Chromite and an AEM NSR
By Ted Niles
Between Probe Mines Limited’s TSXV:PRB Borden Lake gold project, its Black Creek chromite project, and a 5% Net Smelter Royalty on a portion of Agnico-Eagle Mines Ltd’s TSX:AEM Goldex Mine, David Palmer considers the company to be something of a steal at its current share price. “There’s probably a bit of a disconnect because we have disparate commodities. You never see chromite-gold companies,” Probe’s President and CEO says. “We’ve got these three very valuable assets, and I don’t know if the market values them all together. In terms of our market value now, it’s almost like you’re getting Borden Lake for free."
Read more about Probe Mines Ltd.
Probe Has Gold, Chromite and an AEM NSR
By Ted Niles
Between Probe Mines Limited’s TSXV:PRB Borden Lake gold project, its Black Creek chromite project, and a 5% Net Smelter Royalty on a portion of Agnico-Eagle Mines Ltd’s TSX:AEM Goldex Mine, David Palmer considers the company to be something of a steal at its current share price. “There’s probably a bit of a disconnect because we have disparate commodities. You never see chromite-gold companies,” Probe’s President and CEO says. “We’ve got these three very valuable assets, and I don’t know if the market values them all together. In terms of our market value now, it’s almost like you’re getting Borden Lake for free."
Read more about Probe Mines Ltd.
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