Patriot Gold Ord Shs C.PGOL

Alternate Symbol(s): PGOL

Metals & Mining Gold

Patriot Gold Corp. is a natural resource exploration and mining company, which acquires, explores, and develops natural resource properties. The Company's primary focus in the natural resource sector is gold. Its property holdings consist of Vernal Property, the Windy Peak Property, a royalty with respect to the Moss Mine Project, and a royalty with respect to the Bruner Gold Project. The Vernal Property is located approximately 140 miles east-southeast of Reno, Nevada, on the west side of the Shoshone Mountains. It holds the property through approximately 12 unpatented mining claims over 248 acres. The Moss Mine Property is located in the Oatman Mining District of Mohave County Arizona. The Windy Peak Property consists of about 114 unpatented mineral claims covering approximately 2,337 acres, three miles north-northeast of Bell Mountain. The Company holds a royalty of 2% of Net Smelter Returns with respect to the Bruner Gold Project that consists of 26 patented mining claims.

CSE:PGOL - Post by User

Patriot Gold Ord Shs

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Comment by ArbLover84on Jul 08, 2015 3:35pm

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Post# 23904391

RE:RE:PGOL

Adit123 I have done my research on this PGOL and looks like a great arb deal. Patriot Gold owns 100% of the Moss Mine now with an option for Northern Vertex (NEE) to get 70%.

Based on the valuation of NEE - PGOL should be a 0.15 cent stock not a 0.04 - so the upside seems huge.

Anyone with any opinion about my DD and valuation?

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