The TSX Venture is near a 4 year low, gold is barely recovering from a 3 year low, and only one large and undervalued gold deposit is left in Ontario after some consolidations, making the controlling junior mining company which owns it a very interesting takeover target: Probe Mines Limited (PROBF.K, or on the TSX Venture where it is much more liquid: PRB.V).
As of September 16, 2013 Probe Mines has a share price of $2.07 and a market cap of $156.49M, with 75.6M shares outstanding (fully diluted 88.5M), and made a big run in the last four months already as is shown on this chart:
Share price over 1 year period
Nevertheless I will try...
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