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Bullboard - Stock Discussion Forum 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... see more

TSXV:PHD - Post Discussion

Providence Gold Mines Inc > According to the charts PHD
View:
Post by KozmoT on Jan 18, 2023 3:06pm

According to the charts PHD

has had only One Single Trade so far this year?!?!  Why is this garbage not delisted?
Comment by BIGBEN20 on Jan 18, 2023 3:43pm
I've been watching KozmoT and Givemebreak1's posts for a long time, they always posting bad about PHD here on Stockhouse. There's no reason for delisting PHD is still on his way! Good bye to all, see you when PHD have the financing.
Comment by KozmoT on Jan 18, 2023 5:19pm
What financing? PHD is at 3 cents and has had exactly ONE TRADE so far this year!! To make it worse the company's last NR was back on Jul. 3 2022 announcing yet another failed financing and that one was at 7 cents!!  Oh, did I mention they were down to $21K in Cash but had $338K in Trade Payables and that was as of last September. Can you offer any reason why this dead company stock is ...more  
Comment by givemeabreak1 on Jan 18, 2023 6:35pm
There is really no reason for them to be de-listed unless of course they de-list themselves or fail to keep their listing fees.  You mention the trade payables but remember they are all related party transactions.  So the money is owed to management and directors.   Essentially they would have to pull the plug on themselves.  I suspect that number may be closer to 500k by ...more  
Comment by KozmoT on Jan 18, 2023 7:54pm
Good points but keep in mind they've been trying to raise the required $1.3M since back in 2021. On the 1st failed attempt they managed onlty $270K ... the 2nd failed attempt was even worse ... $121K and that was after being granted FIVE extensions by the exchange.  Their sum total in two separate attempts to raise $1.3M over two years was .. $392K
Comment by givemeabreak1 on Jan 18, 2023 9:23pm
Maybe it would be more marketable if the insiders satisfied their payables by taking shares with a .07 valuation!  Just a thought!
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