Probe Gold Inc T.PRB

Probe Gold feels stuck in quicksand

[Bobwalkerstocks]

Why do I feel Probe Gold shareholders are stuck in quicksand. Do you feel the same?

 

This stock is on life support and I continually hear Jr Miner continuing to sing its praises like his an insider dressed as a shareholder. Gold goes up and we barely get noticed. 

 

Why are we stuck with no movement? Let a few of you please share your wisdom….and get us informed

[biotechguy1]

Yup , I agree ... at least volumes are low doesn't take much to swing PRB plus / minus 20 cents.  A lot of other factors ... time length to get to a producing mine, equipment, capital, approvals, etc.    It's unfortunate, but miners are always somewhat risky.  Some are doing well ( Eldorado ) and simply put some aren't .  I was looking at Victoria Gold Corp.

[JuniorMiner2014]

Up 6.72% YTD in spite of today's decline. GDXJ DOWN 3.59% YTD outperforming peer group by over 10%  the market for junior gold stocks is weak.  Long term I believe the fundamentals will lead to success.   Best, JM. 

[mtzorfas]

Does anyone know why there is no interest in gold miners?  I find it really strange that gold clears 2200 and there is still no investment in miners and no M&A activity. All the market types keep saying the juniors and undervalued and due for a run but it just never seems to happen. It's beyond frustrating and confounding to me. 

[biotechguy1]

Well, lots of distraction with Blackrock and ETFs for Crypto currency.   The irony is, it's all based on transactions, pay for the right to a small % of a coin and when it rises ... get charged a small % to sell "something" that was worthless in the first place ? Hmmm, Bitcoin is based on U.S dollars ....which is essentially worthless.   Will this madness end ? Hmmm

[Hopeful123]

Market is non trusting of juniors for now due to higher costs and less interest from institutions. Also missteps from mgmt of these companies..Too many companies at the same time and very little capital. 

[Mojitos]

Because Jr Miner is just a lonely cheerleader that spins everything as positive.   You are stating a solid fact.  Other gold stocks are on the rise and this is weighted down with a high share count and no interested buyers because of a lack of effective marketing and a droll voiced leader who fails to get people excited.  These characteristics provide great risks of a low takeover

[Goodluck395]

Yeap  Probe is ripe for the picking IMO  The Eagle is a about to land if the stock price doesn't launch to the moon !!!

[Goodluck395]

Magino Gold mine in Ontario acquired by  Alamos for US$325m . The premium was 34%