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 within some of the prolific gold belts in Quebec. Its Casa Cameron Project includes the Casagosic, Sinclair-Bruneau and Florence properties, which are located north of the towns of La Sarre, Amos and Lebel-sur-Quevillon, northwest region in Quebec. It also holds three properties in the James Bay Lowlands area of northern Ontario, Canada: the Black Creek Property, the Tamarack-McFauld’s Lake Property, and the Victory Property. The Company has a 50/50 joint venture with Pan American Silver on the Meunier-144 property. It also owns 100% interest in the Croinor Property located in Val-d’Or, Quebec.

TSX:PRB - Post by User

Probe Gold Inc

Bullboard Posts

Comment by LTGoldBullon Mar 14, 2012 10:03am

337 Views

Post# 19667517

RE: Kaiser update today

"As honkytonkgirl said earlier, in Nov 2011 there was an offering and today was the date the shares could be traded. BTW, that offering was at $2.45 and raised over $6million. So we are seeing that price action today, which happened to coincide with the news release."

Maybe a coincidence,...would Dave hold news until the P/P was freetrading to appease BMO and Jennings, the underwriters?

The offering was at $2.45 but raised over $15M.

Quite a loss to be selling here, even being F/T variety,...more likely the reason the shorts increased so dramatically to hedge these positions. Don't worry the institutions won't lose, just retail!

Cheers, Mark

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario