Bullboard - Stock Discussion Forum Probe Gold Inc T.PRB

Alternate Symbol(s): PROBF

Metals & Mining Gold

Probe Gold Inc. is a Canadian gold exploration company focused on the acquisition, exploration, and development of highly prospective gold properties. The owns 100% of its flagship asset, the multimillion-ounce Novador Gold Project in Quebec, as well as an early-stage Detour Gold Quebec project. The Company holds a large land package of approximately 1685-square-kilometres of exploration ground... see more

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Probe Gold Inc > Who does that

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Post by Sudburysid on Sep 25, 2023 9:35am

Who does that

Why is someone always flipping 1000 shares at a penny lose.

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Comment by mtzorfas on Sep 25, 2023 11:33am

I'm FAR from an expert on this stuff; but having followed the stock for over 10 years I believe this is done by banks that are hired by the majors that are ultimately interested in acquiring PRB to keep the price down. So they, often anonymously, keep selling very small lots of shares over and over, and since there are never, ever, never any buyers of the stock, ever, there's no one ...more

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