posted July 04, 2022 03:57 pm by Goldenfrenchboy
(19)
I am still very happy to found PHD ! Now, Ron please do something to wake up the market !
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posted July 04, 2022 03:37 pm by DaveTOR
(46)
Everything is going well as planned drilling is planned for September and October ! Actually PHD is also in contact with large investor. Form your own opinion or ask the company! But don't
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posted July 04, 2022 03:07 pm by KozmoD
(178)
KozmoT the clown of stockhouse posting always nonsense LOL
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posted July 04, 2022 02:57 pm by KozmoT
(621)
If you think resorting to a convertible equity is GOOD then maybe you better do some reading ... Keep in mind of the $1.3 M they needed they somehow only managed to raise ... $121K https://www
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posted July 04, 2022 02:39 pm by Avocadopit
(13)
Ron had an offer for just that. 50%. He turned it down, as he claimed he wanted to do it himself. What he did not tell us was that he is incapable of doing that. Ron is a mine developer only, he has
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posted July 04, 2022 02:30 pm by givemeabreak1
(662)
AvoPit I doubt a anyone is going to send a portable mill in for a months work for only 50% of the income. Try 80-90%. I think PHD would jump at 50% lol.
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posted July 04, 2022 11:21 am by Avocadopit
(13)
"The Company is presently in negotiation with a funding source for a convertible equity financing in the amount of $1,300,000 USD." At what cost? When penny stocks are unable to raise funds
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posted July 04, 2022 11:15 am by Avocadopit
(13)
The financing failed because Ron has now established a track record of saying this and doing that, which does not engender much confidence with potential investors. I am not surprised that they did
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posted July 04, 2022 10:51 am by MrGoldinvest
(75)
WITH THE WORLD FINANCIAL MARKETS BLOWING UP THE FACT THAT PHD HAS SEVERAL PARTIES INTERESTED IN THEIR FINANCING IS REMARKABLE . OF COURSE THINKS COULD MOVE QUICKER, HOWEVER, PHD IS MOVING
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posted July 04, 2022 08:43 am by givemeabreak1
(662)
Burry I am not sure what you see that is very good! It has taken 6 months to come up with next to nothing in the way of financing. In fact, one could argue it is now over a year given the
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posted July 04, 2022 08:19 am by BurryM
(14)
You have to read it carefully! It is a very good and I think we will get more news next days and weeks.
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posted July 04, 2022 07:49 am by givemeabreak1
(662)
Burry It says "convertible equity' that is not the same as a convertible debenture which you might be thinking of!
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posted July 04, 2022 05:46 am by BurryM
(14)
"The Company is presently in negotiation with a funding source for a convertible equity financing in the amount of $1,300,000 USD" Thats great ! and will be closing shortly.
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posted July 04, 2022 03:43 am by KozmoD
(178)
Clown KozmoT LOL posting nonsense all over stockhouse LOL
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posted July 04, 2022 02:44 am by KozmoT
(621)
Excluding insiders, on an attempted $1,300,000 PP they only managed to convince outside investors to the tune of $25K ?!??!?! and THAT was after, as Gimmy pointed out, they announced $83K worth months
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posted July 04, 2022 01:06 am by givemeabreak1
(662)
The last I looked PHD is not a start up and Convertible Equity Financing is often used when a company is insolvent or facing lawsuits nearing insolvency. I might be wrong as I have no experience
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posted July 03, 2022 10:59 pm by givemeabreak1
(662)
If I read this correctly they managed to close at total of 121k which would include the 83K announced back in December so it took them another 6 plus months to get another 38k? Am I reading this
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posted July 03, 2022 08:53 pm by givemeabreak1
(662)
A large investor big heavy set guy with a white beard has been seen in the area! Oops it was only a senile Santa bearing early Christmas gifts!
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