Re: Probe Mines recent trading activity
posted on
Jan 28, 2015 01:39AM
Don't forget dividend every month if gold continues on its path up then oil will stay rangeboundc42 to 48 a barrel.
The minute oil crosses 54 then time to get back in...and gold will freeze in time. I have 6 stocks low debt and look cost operating getteing hammered..but wI'll weather low prices until. Sept / oct
Can always play top 19 ARCA XOI....and gold long. Same with nuit gold 3 x bull end.
If gold keeps going and goldcorp breaks say 40 bucks by December. You will receive dividends, higher share price."and can shift into oil at anytime.
You have control.
Their is a 18 million dollar break up fee and it will cost a company another 4 million to organize a bid and legal stuff.
So the bid need to be substantial. ....or it will fail.
850 million with same deal is worth it. But truthfully goldcorp will match it. So I am not hopeful...but would love to see 7 to 8 bucks and new probe co
Good
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Waiting it out