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Providence Gold Mines Inc V.PHD

Alternate Symbol(s):  PRRVF

Providence Gold Mines Inc. is a Canada-based mineral exploration company. The Company is engaged in the process of exploring and evaluating its mineral property located in California, United States. It owns 100% interest in Tuolumne Property. The Property includes over six parcels and approximately thirteen 20-acres of mining claims. It consists of over nine claims contiguous to the existing claims for a total of over seven patented and approximately 22 located mining claims, encompassing an area of approximately 324 acres. It owns 50% interest in the Providence Mines Property, which is situated in the Summerville Mining District, Tuolumne County, California, upon the eastern belt of the Mother Lode District. Its subsidiary is Providence Gold Mines (US) Inc.


TSXV:PHD - Post by User

Comment by GreenGoblin888on Jul 21, 2021 5:50pm
48 Views
Post# 33585311

RE:LOL, are you guys for real?

RE:LOL, are you guys for real?
In the most basic sense, this removes the warrant overhang so any pop that may come should have a chance to be better realized.

As well, the idea has been that monies from producing the stock pile would fund future work on the property so if there is gold at the levels stated no need to transact on them anyway which serves to not increase the share count.

Even at a basic level then this is positive so just give your head a quick shake and see for yourself.

Cheers
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