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Prism Resources Inc V.PRS.H

Prism Resources Inc. is a Canada-based natural resources company that owns an approximately 7.5% net profit interest (the Royalty) in the Aurora and Sunday Lake claims, near the Detour Lake Gold mine. The Aurora claims cover areas which include Detours high grade Zone 58N discovery. The Company's principal business activity is the acquisition and exploration of mineral properties. The Company has no source of revenues.


TSXV:PRS.H - Post by User

Comment by Markcalgaryon Apr 09, 2021 1:47pm
189 Views
Post# 32967651

RE:All alone here, the news yest was amazing

RE:All alone here, the news yest was amazingso..... saw the release during the halt..... bought at the open at 9 cents and sold at 14 cents.  Sitting on the sidelines with a tidy profit, trying to figure out what just happened.  
Here are my questions...
1.  Did the sale go thru to Aurico, and what was the price supposed to have been if not. 
2.  If the sale did not go thru, damages will get quite messy.  Is 250K raised enough to see this thru?
3.  I play momentum sometimes( this is one of them), and not suprised to see the price drop back down.  But... I am surprised to see today almost no trades, and the price has dropped back to almost the level of the post halt open.  What does the future hold?  the blurb in the release that they will be looking for another property, with no president, makes me think it would be a better shell with a quick rollback if they get cashed up from a settlement.  

thoughts?

Cheers MC
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