RE:Probe Metals halted at open 2016-04-07 07:58 ET Not sure if the halt has anything to do with Thomas Green's article on PRB. The piece clearly indicated the date, Probe Metals, the target price of $3.5/s (and some 400% increase from a recent price of around $0.73/s. But the last paragraph talked about Probe
Mines resources before it was taken over by G (See excerpts below).
Just sent an e-mail to Thomas Green asking for some clarification with respect to his target of $3.5/s and if it had anything to do with the halt of PRB this morning. Perhaps,it would be faster if someone in the local area with Probe Metals of Thomas Green could give them a phone call to confirm, since people may just ignore e-mail.
The situation is quite confusing.
GH
Probe Metals Inc (CVE:PRB) had its price target lifted by stock analysts at RBC Capital from C$3.00 to C$3.50 in a report issued on Monday, StockTargetPrices.com reports. The firm currently has an “outperform” rating on the stock. RBC Capital’s target price would suggest a potential upside of 392.96% from the company’s previous close...
...The project contains a constrained indicated resource of 1.60 million ounces of gold averaging 5.39 g/t Au (CVE:PRB) and an additional constrained Inferred Resource of 0.43 million ounces of gold averaging 4.37 g/t Au, at a 2.5 g/t Au cut-off grade."