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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 > Has IR Reached out to anyone to buy any of this selling?
View:
Post by Bobwalkerstocks on Jul 09, 2024 1:37pm

Has IR Reached out to anyone to buy any of this selling?

For thos of you who are large holders or insitituions, has anyone from the company or IR reached out to anyone to buy any of these blocks? Feels like this would be a time for them to shut this group up and step up.
Comment by biotechguy1 on Jul 09, 2024 9:12pm
Pretty straight forward.  Typically, institutional investors prefer a sweetener .... at least FT shares plus a warrant option etc.   when Dave P gets a decent financing with FT shares then that investment house has to sell it to there managed money folks.  Most often the pool of investors is too large in the fund to realize a significant tax benefit for one individual.  I ...more  
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