Patriot Gold Corp. C.PGOL

another day another all time high

[arh0070]

PGOL continues higher every day basically on no news other than drilling which is of course a long term proposition.Thier model is to find a potential mine and then farm it out to a bigger player for cash and a royalty.Worked well with the Moss mine but not with the Bruner as they sold to a company(canamex) which has not traded for months has not been able to raise money and is likely technically bankrupt.Go to Canamex on stockhouse for info.
I have been reducing my position on the way up and now have free shares .
I hope that they don't just spend all their revenue on projects but act like a royalty company and start paying dividends.
This decision is all in the hands of one individual (trevor)who owns 20 million shares and has a voting majority as he has some "super voting " shares purchased for a small amount .All this info is in the public domaine , have to read in detail the 80 pages of the sec filings,the link to which is on thier website.
Important to do ones own due diligence.
Annyway,happy with my investment but always wise in these microcaps to take profits when you can.They are not very liquid .

[Roddiggiti]

PGOL will be a different story in a few months. Once we get year end results and Q1 results back to back in April-May, several million dollars will be added to the cash and receivables. People haven't noticed this stock yet, but if you keep getting $1+ million in royalty payments for the next 40+ quarters(which is the Moss mine payment) then this company will have lots of opportunity to buy

[griz14]

hi        i wish i had bought pgol years ago  instead of canamex.  pgol sold the royalty rights to canamex several years ago  sorry to advise you.  pgol will do very well with their royalties.   take care.

[Roddiggiti]

Hello Griz, Thanks for the best wishes. I have double checked and PGOL 100% still has their 2% NSR on Bruner. It's on their website, on their MD&A and also verified by Trevor. If it was sold years ago, the books would read different. Even if CSQ sells Bruner, that royalty still goes along with it.

[griz14]

hi,           metalstream is a scam.    canamrx wont get any money from them.   please google aivn royalty.   there are many posts re approx aug 2018.    isnt this the much of the pgol royalty  that canamex sold for tokens???   somethings wrong here!!!      i cant call mike stark

[griz14]

hi again         please google canamex royalty .    see  some posts    aug 2018   re 1.5 royalty.    somethings wrong somewhere.    looks like hahn bought the half% from the 1.5 % later on.    im not suree of anything.   maybe pgol sold the 2% royalty to aivn  

[Roddiggiti]

Hi Griz, It's impossible that PGOL either lost or sold the 2% royalty. By law they would have to notify the market and amend their quarterly results. As per their MD&A(ending September 30th 2020) they had the 2% Bruner royalty and it's also mentioned on their website. Not notiyfing shareholders would be illegal and could potentially cost Trevor his directorship. With that in mind, I

[goldstd69]

I think your exactly right roddiggiti...I think all is in order for PGOL and we are awaiting drill results...jmho

[Roddiggiti]

It should be good, we just need to be patient and let the cash/assets build up every quarter. Once we get Q4 2020 and Q1 2021 results in March/April, that should really change the dynamics here. The market will realize that Moss is for real and will continue to keep paying PGOL large royalties every quarter for many years to come, with other catalysts on the way: 1) Windy Peak Drilling Results

[griz14]

Hi    RODDIGGITI            YOUR RIGGHT IN EVERYTHING.   Bruner has 2 royaltys.   Patriot has a 2%   and canamex bought   1 anda half  % royalty from aivn.   Thanks for your posts. 

[Roddiggiti]

No problem, thank you for verifying. Surprised people are selling here, gift for those that understand what PGOL is and the potential. A friend of mine told me about MTA(Metalla Royalty) and how it stated like PGOL. Was 20 cents 5 years ago and they had one royalty that sure enough went into production for several years. It hit $17 last year and they got half the float PGOL does. But it's not

[Royaltyinvestor]

There are multiple royalties on Bruner. metalstream is doubtful and will most likely terminate later in the year. Other potential suitors would enter at that point.   

[griz14]

hi    thanks for your post,     what other ( who)   0ther royalties.???    did you look up bruner royalty on google???   thanks    please advise.  

[griz14]

hi    royaltyinvester.         you are right there are 2 royaltys for bruner.    patriot does have a 2 %  royalty.  thanks for your post!