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

Bullboard Posts

Comment by sootson Jul 04, 2020 5:01am

140 Views

Post# 31223491

RE:Were we down 9% today?

Don't think there's any news, and maybe that's why the SP went down a bit - but only back to the level of 30th June. Also, it's possible that some investors are selling PRG to buy GQC. These two shares are strongly linked due to the proximity of Juan de Herrera to Romero, and with the recent steep increases to the GQC SP, maybe PRG got a little overbought.

The main thing is that the PRG SP (IMHO) is only going to go up in the next few months, with the rising price of gold, the Barrick activities and the two other properties it has. Ponton can be explored quite soon, and Juan de Herrera may well come into play before Xmas.

Bullboard Posts

Gold, growth and sustainability in focus for Mandalay Resources