Precipitate Gold Corp V.PRG

Alternate Symbol(s): PREIF

Metals & Mining Gold

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

Precipitate Gold Corp

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Comment by DazeTrad3ron Jan 19, 2018 11:29am

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Post# 27394094

RE:coffin reports prg as a buy at this level

Price to Book: 2.39, so shares as per the book value are worth $0.04 per share. When you can find a penny stock that is only trading 2x above it's book value, I've found good succes investing in these types of stocks (especially in the gold sector).

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