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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 > Ignore the bashing that is @kozmot
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Post by 2021Gamble on May 02, 2023 5:18pm

Ignore the bashing that is @kozmot

He obviously either didn't bother to read the financials, or is just deliberately leaving a bunch of stuff out of his analysis...

Just reread the press release on the forgiveness of debt, the notes in the financials dealing with that announcement, and everything falls into place quite nicely.

Cheers folks
Comment by givemeabreak1 on May 02, 2023 8:45pm
Gumble I am not sure whether he reads the financials i do know you do not.  Forgiveness of debt does not change the fact that they are broke.  Less broke but broke is broke.  Less than 0 still qualifies as 0.
Comment by KozmoT on May 03, 2023 10:16am
LOL, "didn't read the financials"?!?!?  Where did you think the numbers I posted came from Einstein? ... I even gave you the Note numbers they came from!! ... they are beyond flat broke. "They spent only $10k on Exploration in all of 2022 (Note 5) but awarded themselves (Realted Party Transaction - Note 8) $60K in Accounting fees(?!?!) $84K in "Consulting Fees" ...more