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Bullboard - Stock Discussion Forum Probe Gold Inc T.PRB

Alternate Symbol(s):  PROBF

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... see more

TSX:PRB - Post Discussion

Probe Gold Inc > Huge crossover
View:
Post by dipper44 on Jul 20, 2021 3:35pm

Huge crossover

!5,041,746 BMO crossover! Does this mean anything  or just housecleaning?????

yer Seller Markers
15:11:54 X 1.58 -0.06 5,200 1 Anonymous 33 Canaccord K
15:11:45 X 1.58 -0.06 1,100 1 Anonymous 33 Canaccord K
15:11:27 V 1.59 -0.05 3,900 85 Scotia 79 CIBC K
14:54:33 V 1.57 -0.07 1,000 79 CIBC 79 CIBC K
14:33:59 V 1.61 -0.03 100 53 Morgan Stanley 33 Canaccord K
14:33:25 V 1.61 -0.03 100 53 Morgan Stanley 79 CIBC K
14:21:28 X 1.575 -0.065 15,041,746 9 BMO Nesbitt 9 BMO Nesbitt ZW
14:21:28 H 1.57 -0.07 800 1 Anonymous 15 UBS K
14:21:28 V 1.57 -0.07 1,100 14 ITG 15 UBS K
14:21:28 V
Comment by Rosehill1 on Jul 20, 2021 4:39pm
Its an aranged sell and buy order for $23.7 M. Somebody wants out. The guys and girls at Probe find a buyer.  The transfer is completed.
Comment by dipper44 on Jul 20, 2021 4:54pm
Thanks RH. Somebody wants out for whatever reason but somebody is willing to pay  $23.7M to get in !    Good news I hope Cheers
Comment by Rosehill1 on Jul 21, 2021 6:47am
Who do we know that had that many shares for this transaction. I think it's Newmont. Why would they sell? We have a buyer for Probe and they have the cash to pick up this large block of shares. The new buyer now has some say in an vote for a sale. Looks like Newmont is not waiting for the buyout. Why? Very low premium on the sale. Rosehill
Comment by diabase1 on Jul 21, 2021 1:32pm
Off topic Rosehill1, but ROX is now 0.55!!
Comment by biotechguy1 on Jul 21, 2021 2:59pm
Yup ... but it you bought after the first 10 for 1 amd waited you could have had a ton of shares around 12 to 15 cents .. The large cross??? A 78% premium to get to 3 bucks Osisko gets all of Val Dor...plus Cadillac break ... 3 for 1 shares of PRB so new company PRB precious metals has 50,000,000 shares in the float and 50 million in spin-out cash.   Or Yamana.... owns the neighbor if ...more  
Comment by wm23four on Jul 20, 2021 8:29pm
Hey rose hill. Your thoughts about Labrador gold overtaking prob in share price looking very likely to happen soon. Market cap higher already. Nice call.
Comment by biotechguy1 on Jul 21, 2021 8:32am
could've the remainder of newminta stake .... sold to an Osisko ? Or ?  glta
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