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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 Newfoundland Canada and the Pueblo Viejo Mining Camp, and Tireo Gold Trend of the Dominican Republic. The Company's exploration projects include Pueblo Grande, Juan de Herrera, and Ponton. The Pueblo Grande projects land position surrounds the Pueblo Viejo mine site on the west, north and east sides, covering about 7,105.71 contiguous hectares. The Juan de Herrera Project coverers about 12,746 hectares and 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 covers 3,250 hectares and located 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

Bullboard Posts
Comment by aknahowon Sep 26, 2014 9:39am
113 Views
Post# 22972931

RE:Looking Interesting

RE:Looking InterestingThey have a discovery.  As another player in this belt stated, a discovery hole may not be economic but still is important as a discovery and further drilling will reveal if they have something or not.

Catching falling knives is not a good practice but with junior minors that have robust exploration projects in areas proven to have depositsone is not betting that management will turn a failing company around but simply that they will make an interesting discovery.

Own zero shares.  Not because I do not think it is a buy but only I am full up in this "space".
Bullboard Posts