Probe Mines

Growth through Discovery Canadian Base and Precious Metal Exploration
in response to BurningRoF's message

Most of these analysts are just crazy number jugglers.

How comes that Jennings target price is based on a 0.73x NAV multiple ?

Why not a 0.99x NAV multiple or a 0.55x NAV multiple ?

And how comes that their target price hasn´t changed although they have included a 10% increase of ounces in their model:

<<<We have already included in our model a ~10% increase above the pit-constrained 3.4 Moz (0.6 g/t gold cut-off), which we believe could grow further still, as the deposit remains open in all directions. >>>

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FANTOMAS
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Probe Mines
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