Providence Gold Mines Inc V.PHD

UP TOO 165G/T!!!!!!!

[Twigler12]

THIS IS HUGE!

[MeLuvGold]

This is garbage!  They had only one hole on their last results that showed 253g/t; majority were well under 3 g/ton.  By highlighting and saying upto 165 g/ton they are putting a positive spin on dismal results.  If they had anything substantial; they would have backed it up with how many potential ounces their stockpiles contain; that was not provided.

[EDMINNEMA]

omg, they should of said UP TO 253 G/T. if they had anything substaintial they would take their time and calculate responsibly, not to apease you and the masses

[MeLuvGold]

Markets' telling you what they think of these results:  look at what they said;  stockpile contains a significant nugget effect along with lower grading material. Lower grading material says it all for me!  But yes; you keep pumping this.

[catman24]

This post has been removed in accordance with Community Policy

[Twigler12]

how is this garbage? they didnt just pull the number 165g/t outta a hat and say lets go with this.  they had a trenching sample of 253 and by the looks of it a drilling sample of 165. it  doesnt matter if some salmples lead to 1-3. do you how how many tons 165g could average out over to give you even 16g/t. the point is theyre getting these numbers meaning there is nuggets in this

[MeLuvGold]

You can make whatever case you want and spin it whichever way you want to feel good but the markets telling you what they think of these results.  The 165 g/ton was a positive spin because everything else is low grade and chances of significant recovery of low grade material is pretty low.  I sold my last 10,000 shares at $0.17 this morning, because I rightaway saw the results for what

[MrGoldinvest]

Wait till End of week ;-)

[MeLuvGold]

all the best to those that are still in it, hopefully there is better news to come and if you got in late; you can still sell at breakeven or a little profit.  I sold mine and made a profit when this stock ran up. 

[pregosam]

Bye Bye

[[e-mail]]

Calculate the mean average content of all the samples and you will find that the average content of the stockpile is around 0.05gr and this is not feasible to mine.

[givemeabreak1]

Twigler the 165 gpt is the nugget affect not neccessarily big nuggets.  So if I have a gold filling that is like 1 gram of gold and it fell out where they took a sample and lets say the sample they took was a 5kg sample!  Now if you interpolate that into per tonne that 1 gram filling would equate to 200 gpt.  Sounds good but not reflecting the true accuracy of the stockpile. 

[Twigler12]

while testing an area that isnt even touching the amount af stockpile there.  what are the chances of finding anything at the first 1m of 15-20m total? that 1m spot being the spot there is gold in over a 50m span. they turn a profit from dust, never mind nugggets. not a big deal im still comfident in PHD. we will know when they start producing the pile. guess im in it for the longer haul.

[Lineminer]

Twitter ---- my guess is surface compaction - early depth, and less drill deflection produced more realistic results --- my guess - (not to say this might happen but) were they to dig a 10 ft hole - run a vibrating tamper for 20 minutes and drill the newly compacted soil for 5 ft --- results in the 10/15 level would rise significantly ! Just saying - lots of things affect percussion results - and

[Lineminer]

Sorry - that should have read Twigler !! I enjoy the realism you bring forward !

[KozmoT]

Your excuse for the rotten assay results is ... surface compaction? on top of a waste pile? ... where the assays were best? I'm sorry but that makes absokutely no sense whatsoever.

[[e-mail]]

Now they tried to deceive innocent shareholders on top of it! This project is a scam! Lots of people lost money which now are in their pockets!