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Precipitate Gold Corp V.PRG

Alternate Symbol(s):  PREIF

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.


TSXV:PRG - Post by User

Post by f_the_bankerson Dec 16, 2020 7:21pm
155 Views
Post# 32124872

The newest Precipitate Gold shareholder

The newest Precipitate Gold shareholder

Hey everyone,

I bought 5,000 shares before the close today. 

Hopefully they're able to unearth a large deposit at either Pueblo Grande or Ponton. 

And hopefully they can utilize Barrick's expertise and keep their exploration costs down with the $80,000 they spent on drilling equipment.

And, finally, hopefully Barrick likes the results at Pueblo Grande enough to opt in to the prefeasibilty study.

i think the deal they have with Barrick (where Barrick pays $10M usd over 6 years) ought to provide them enough cash to shore up their resource in that time. 

You never know! But good luck!
 

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