Re: Extremely narrow trading range
in response to
by
posted on
Jun 07, 2017 07:56PM
Yes, well, i remember the Old probe when this happened. If you got out early enough from the Goldcorp Switch-a-roo....then good for you.
It was around 29.00 when they announced the share swap to give PRB a value of 5 + dollars. When it fell to 15 bucks...well it looked like a buyout at around 3.00 It would be nice to know if they kept their own stock high with buybacks etc....then killed there somewhat okay dividned just to buy Borden at a reduced price.
Conspiracy theory aside...where else are you going to put your money ? I have a lot of nice boring dividending stocks....that somewhat look good for the next 10-15 years...just need PRB to get another buyout..anywhere from 3-7 bucks....depending on what they do.
I believe in the earlier work Dave P hilited zones that streak through West Porcupine...
PRB is a mature penny stock that could quickly get to 3 bucks if they hit on Porcupine West....or stay mid 1.50 to 2.00 range with the additon of a 43-101 2 million ounces total. Eith way I have time.
So Political insatabilty an currency wars will drive gold higher .................maybe......?
I see next March....for full potential...spin out Detour Property and Val Dor...and then keep West Porcupine...drill it out and sell it as Probe Gold....new symbol..............PRB.
Oldie but a goodie......
https://secure.kaiserresearch.com/s4/Trackers.asp?ReportID=485191
Just hunch.............
So it doesnt matter ............I have time. Take the time.
You bring the shovel I'll bring the lime.
Captain Time