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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Post by sootson Apr 14, 2020 1:02pm

164 Views

Post# 30907965

Good Deal II

Barrick have done a fantastic deal - they have effectively bought PRG for around US$10m, but of course, it's not theirs yet.

So they will now want the share price to rocket, because they will reap the harvest when the time comes to gaining 70% ownership.

IMHO, I would not be surprised to see the PRG share price go to the stratosphere in the next few months/years ! The hardest question will be ... when to take profits !

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