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Message: Profit taking in Probe today

Profit taking in Probe today

posted on Feb 29, 2008 11:08AM

Well, it seemed today belonged to the profit-takers - although, quite frankly, I don't get why anyone would sell just before PDAC, just before drilling targets are announced, and just before the drilling program. We closed at $1.05, with heavy selling pressure, but we retained 50% of yesterday's gain - good sign! I suspect we will see a gap-up on Monday and news from NOT. There is going to be a heavier then normal media presence at PDAC this year, so I would not be surprised to see exposure in some of the national papers - ie Peter Koven, National Post.

McFaulds is THE story this year!

Everyone relax, have a great weekend and I believe we will all need to fasten our seatbelts next week!

Shooter

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