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Bullboard - Stock Discussion Forum 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... see more

TSXV:PRG - Post Discussion

Precipitate Gold Corp > Bob ' s take
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Post by iluv2buyem on Jul 24, 2020 10:12am

Bob ' s take

Investors are going to have to read between the lines for the meaning of the latest press release from Precipitate Gold Corp. (PRG:TSX.V; PREIF:OTCBB) but I will give you a big hint. This is exactly what you want to see if you want to find another Pueblo Viejo gold deposit. With a $25 million market cap, PRG is a giant sleeper. Naturally the truth detector will be the drill rig but the company is coming up with the ground survey results that you want to see in a big deposit. Pueblo Viejo is the largest gold mine in the Americas and the 8th largest in the world. All shares in juniors are lottery tickets but the Precipitate lotto has a giant potential payoff.

https://www.streetwisereports.com/article/2020/07/23/short-updates-on-benchmark-tristar-gold-precipitate-gold-and-lion-one.html
Comment by Wantonfuey on Jul 24, 2020 10:26am
you forgot to mention that barrick is already in a jv with Precipitate on a site that abuts Barrick's Pueblo V mine.  The new news came from another site entirely--not far away but not abutting the mine.
Comment by inse on Jul 25, 2020 4:03am
Thanks for sharing iluv...nice little blurb about PRG by Bob Moriarty...I couldn't agree more with his last sentence: "All shares in juniors are lottery tickets but the Precipitate lotto has a giant potential payoff." GLTA
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