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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

Post by Goldenfrenchboyon Dec 16, 2021 3:14pm
100 Views
Post# 34238091

Providence Gold Mines

Providence Gold Mines

Warrants will be a sort of cap. I expect, warrant holders may well sell shares to exercise warrants. That will bring in about $450,000 to Providence.That in turn will finance the drill campaign for 2022 without further huge dilution.It’s a good plan, cheap and doable.The stock will be cheap until next week,and I don’t see it being cheap after that.

 
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