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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 > PRB current share price decline
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Post by wm23four on Jul 09, 2024 11:27am

PRB current share price decline

Hopeful.  What I heard is that current nosedive in share pirce relates to a fund that is facing steep redemptions. Hence the huge selling pressure recently.  (not Charity FT related)   PRB is trying as best they can to help place shares in good hands.  Its a firesale for those who can average down.  Appears that funds/instituions sure arent beating the doors down to take advantage of these low prices, the past few days anyway. Who knows, for all we know maybe they have been taking adavantage and sp would have nosedived much further without thier stepping up?  I just hope that when redemption selling subsides that the sp recovers.  I am waiting it out.
Comment by JuniorMiner2014 on Jul 09, 2024 11:48am
Thanks for that.  Nice to see it positive today.  Hope the majority of the selling is over, onward and upward.
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