Precipitate Gold Corp V.PRG

Alternate Symbol(s): PREIF

Metals & Mining Gold

Precipitate Gold Corp. is a Canada-based mineral exploration company focused on exploring and advancing its mineral property interests in the Dominican Republic. The Company's gold exploration projects include Pueblo Grande, Juan de Herrera and Ponton, which cover a combined area of approximately 23,061 hectares. The Company owns a 100% interest in the Pueblo Grande Project, which surrounds the high sulphidation epithermal Pueblo Viejo gold mine on the west, north and east sides. The Company, through its subsidiary, 0945044 BC Ltd., has 100% ownership of the Juan de Herrera Project, which is located within the prospective Tireo Gold Trend of western Dominican Republic, directly adjoining GoldQuest Mining Corp on the south and west sides of its Tireo Gold Project. The Ponton Project, located approximately 25 kilometers east of Pueblo Grande, is an early-stage gold epithermal exploration target hosted in similar Los Ranchos Formation volcanic rocks as found at Barrick's Pueblo Viejo.

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Precipitate Gold Corp > Were we down 9% today?

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Comment by sootson Jul 04, 2020 5:01am

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Post# 31223491

RE:Were we down 9% today?

Don't think there's any news, and maybe that's why the SP went down a bit - but only back to the level of 30th June. Also, it's possible that some investors are selling PRG to buy GQC. These two shares are strongly linked due to the proximity of Juan de Herrera to Romero, and with the recent steep increases to the GQC SP, maybe PRG got a little overbought.

The main thing is that the PRG SP (IMHO) is only going to go up in the next few months, with the rising price of gold, the Barrick activities and the two other properties it has. Ponton can be explored quite soon, and Juan de Herrera may well come into play before Xmas.

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