http://www.probemines.com/s/News_Releases.asp?ReportID=687246&_Type=News-Releases&_Title=Probe-Mines-Consolidates-100-Ownership-of-the-Borden-Gold-District
I calculate purchase price to be:
$25.0M cash
16.6M (6M shares x $2.76CAD)
$41.6M
And EV/oz of gold (amount of oz unknown):
- 500k oz = $83/oz,
- 750k oz = $55/oz
- 1M oz = $42/oz
Any thoughts on ounces acquired and EV/oz???
Jamie making moves just a couple months into new gig.
GO PROBE! GO!
