Prosper Gold Corp V.PGX

Alternate Symbol(s): PGXFF

Metals & Mining Gold

Prosper Gold Corp. is a Canada-based exploration and development company. The Company is focused on acquiring and advancing mineral prospects in British Columbia and Ontario, Canada and in Arizona, United States. Its projects include Cyprus Project, and Golden Sidewalk Project. The 61,880-hectare Cyprus Project is situated in north-central British Columbia, Canada. It has a combined 6,573 meters of drilling in 69 drill holes. It includes the Kaza and Northstar copper prospects and is considered a district-scale copper-gold porphyry exploration Project. The Golden Sidewalk is a district-scale gold exploration project covering over 160 square kilometers (km) of contiguous mineral claims and mining leases in the western Birch-Uchi Greenstone Belt, approximately 60 km east of Red Lake, Ontario. The nature of gold mineralization observed at the Golden Sidewalk project is typical archean-aged orogenic greenstone-hosted gold deposits in Ontario.

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Prosper Gold Corp

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Post by MuttleyKnowson Sep 26, 2022 11:40pm

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Post# 34988465

Crazy Market and Crazy Stock

So Prosper announces some less than stellar channel sampling results and the stock price surges. Other stocks announce spectacular drill results and the stock price goes down (e.g. TBR). This market is crazy and so is the price action on this stock.

I sold this stock at 19 cents after the last drill results were released and I took my loss because I thought this management is clueless. What do I know as the market seems to think something big is happening here. Out of curiousity, it would be nice if anyone could provide some views on what is going on. Not buying back as I have no faith in this management team but it would be nice to understand the rationale for the price movement.

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