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Providence Gold Mines Inc V.PHD

Alternate Symbol(s):  PRRVF

Providence Gold Mines Inc. is a Canada-based mineral exploration company. The Company is engaged in the process of exploring and evaluating its mineral property located in California, United States. It owns 100% interest in Tuolumne Property. The Company’s gold mines consist of seven patented stake mineral claims and 22 located claims, encompassing an area of approximately 324 acres, which includes Bonita, Consuelo, FairPlay, Good Enough, McCarthy, Mexican, and Providence. The Providence Group of Mines is located in the Summerville Mining District, Tuolumne County, California, upon the eastern belt of the Mother Lode District. Its subsidiary is Providence Gold Mines (US) Inc.


TSXV:PHD - Post by User

Comment by medvic1on Nov 30, 2020 8:24pm
51 Views
Post# 32006371

RE:RE:RE:How many ounces?

RE:RE:RE:How many ounces? exactly WHATTHE1, see, people don't realize that those 20,000+ ounces is right there, like a cream topping on a pie. It is right there, ready to log up. Then calculate the profit company going to have with this POG. Really good well calculated move for Providence.
WHATTHE1 wrote:


 

KozmoT Wrote...Looks like its only 20,000 ozs. I hadn't realized it was that small ...

"Given the size of the area and the previously reported production of gold, the Company believes with further sampling to depth that the stockpile represents potential for 20,000 plus ounces."

 

What would you want RON to say? 200,000 onunces? Serioulsy? 20,000 is a great start point.

When that news comes and if that news shows more than 20,000 ounces if think the market would prefer to see that then have a pie in the sky number and then see it come in below.

 



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