Will Prosper Gold Corp Short Squeeze Soon?

 Will Prosper Gold Corp Short Squeeze Soon?

The stock of Prosper Gold Corp (CVE:PGX) is a huge mover today! The stock last traded at $0.29 per share. It is up 6.00% since September 19, 2016 and is uptrending. It has outperformed by 0.46% the S&P500.
The move comes after 6 months negative chart setup for the $13.26M company. It was reported on Oct, 19 by Barchart.com. We have $0.25 PT which if reached, will make CVE:PGX worth $1.86M less.

More notable recent Prosper Gold Corp (CVE:PGX) news were published by: Marketwired.com which released: “Prosper Gold Corp. and Firesteel Resources Inc. Form Joint Venture” on September 02, 2016, also Marketwired.com with their article: “Prosper Gold Corp. Increases Non-Brokered Private Placement” published on June 27, 2016, Marketwired.com published: “Prosper Gold Corp. Commences Initial 7500m Drill Program at the Ashley Gold …” on September 06, 2016. More interesting news about Prosper Gold Corp (CVE:PGX) were released by: Marketwired.com and their article: “Prosper Gold Corp. Acquires High Grade Ashley Gold Mine – Cadillac Larder Lake …” published on February 29, 2016 as well as Marketwired.com‘s news article titled: “Prosper Gold Corp. Acquires Galahad Leases and Increases Ontario Land Position …” with publication date: April 21, 2016.

Prosper Gold Corp. is a Canada-based exploration and development company, which is engaged in acquiring and advancing promising mineral prospects in British Columbia . The company has a market cap of $13.26 million. The Firm focuses on its Star Porphyry Copper Gold Project, an alkalic porphyry copper-gold prospect in northwest BC, located approximately 110 kilometers west-southwest of Dease Lake, BC and over 50 kilometers northwest of Telegraph Creek. It currently has negative earnings. The Company’s Star Porphyry Copper Gold Project includes projects, such as Imperial Metals’ Red Chris deposit, where mill commissioning for production has started; NovaGold/Teck Resources’ Galore Creek deposit, which is in pre-feasibility, and Copper Fox/Teck Resources’ Shaft Creek deposit, which has reserves of approximately 941 million tons grading approximately 0.3% copper, over 0.2 gigatons gold, approximately 0.02% molybdenum and over 1.8 gigatons silver.

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