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Bullboard - Stock Discussion Forum Patriot Gold Corp. C.PGOL

Alternate Symbol(s):  PGOL

Patriot Gold Corp. is a natural resource exploration and mining company, which acquires, explores, and develops natural resource properties. The Company's primary focus in the natural resource sector is gold. Its property holdings consist of Vernal Property, the Windy Peak Property, a royalty with respect to the Moss Mine Project, and a royalty with respect to the Bruner Gold Project. The... see more

CSE:PGOL - Post Discussion

Patriot Gold Corp. > A Few Questions
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Post by Redrum180 on Feb 24, 2022 4:10pm

A Few Questions

I took a small position in PGOL.  I have a few questions for those with more knowledge of this company.  

     Why do you think the shares trade so infrequently?

     Do they have a Investor Relations person?

     Are they currently doing any exploratory drilling?

     Am I overestimating the value of their NSR/royalty?

     Thanks in advance.
Comment by Dragoon on Feb 25, 2022 2:13pm
I hope this helps: I know that they are reinvesting their royalties into exploring 3 other projects The exploration expenses for the first 9 months 2021 were Vernal Property nihil, Windy Peak 357K, Rainbow Mountain 154K. Total USD $511K which would have been profits but are now being reinvested for future gains. (Source is the Financial Report). PGOL reports in USD. https://www.patriotgoldcorp.com ...more  
Comment by Dragoon on Feb 25, 2022 2:18pm
Oh yeah, why the shares trade so low? First Gold mines moved down a lot in sentiment end of year but PGOL a lot. My idea is the low earnings as PGOL is exploring the other projects. Maybe a shareholder moving out? Maybe someone has better ideas?
Comment by Redrum180 on Mar 02, 2022 12:02pm
     Thank you, Dragoon.        The company seems to do little or no promo and there's barely any volume.  I'm wondering how much of the company's shares are owned by insiders.  I know I can look that up on SEDAR but why do you think they seem to want to keep such a low profile.  (The obvious answer would be they have nothing to ...more  
Comment by northcapital on Mar 06, 2022 11:59am
There are serious problems here. I encourage you to go back through and read all the posts for the last two years for this company. You will find that there are good reasons for the decline in this company's valuation. You may also find that there are two or three people who have made posts (cheerleaders) that intentionally ignore many important red flags and seem to encourage others to ...more