Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 tarsandson Mar 02, 2021 5:40pm
122 Views
Post# 32698263

YUP! I think cores that could be released are up too 17

YUP! I think cores that could be released are up too 17

@massawippi I do not think there is reason to panic.Had a communication with Jeff. He seems very enthusiast about the the two holes that were drilled. The core was sent to the lab.

 
@massawippi Barrick is still drilling. Regarding the pause for drilling. It seems to be minor, but a faction of stakeholders is concerned. and this from Jeff:...We believe the situation is manageable and are getting good support from federal and local governments and decision makers. As stated in the release, we have all the permits and authorizations required to conduct the work....It is only a matter of avoiding any misunderstanding from these people. Better take a pause, talk to the right people and avoid bad vibes.

@HRA-Coffin I'll have some comments if I ever get this SD finished (dealing with some family stuff with a deadline) but, from the sounds of things the protesters are not "locals" and probably are not environmentalists either. Sounds like they are members of the former president's party that are against mining just because the current president is for mining. Jeff told me they have signoffs from all the actual landowners and are getting support from the government. They hit pause to try and help cool things off. Same guys have been hassling Barrick, apparently.

Above are some posters from the CEO Board:
 
The poster with the handle HRA- Coffin is Eric Coffin who writes the Hard Rock Advisory newsletter. He covers PRG in his picks and newsletter, he above says that its the same few or group that are politically tied too the past president party or President  Nieto"s party. Its a politically motivated fight as he also says the same group has tried the same stunt over on our other JV with Barrick!  But I am guessing that with Barrick at the game they knew alot better then too try too push Barrick into a corner, as Barrick is one big mother and contributor too the economy, but with us a peep squeek we , like Jeff have too keep and walk a fine line.

That is my take now, i kinda look forward too any word from Jeff or Eric or better yet the core talks even LOUDER THEN ANYONE COULD!!!!

2 from Ponton and possibily anywhere"s from 10 - 15 from JV with Barrick

<< Previous
Bullboard Posts
Next >>