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Precipitate Gold Corp V.PRG

Alternate Symbol(s):  PREIF

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

Comment by Madheighton Dec 01, 2020 10:01pm
145 Views
Post# 32015663

RE:Breakout Coming Soon

RE:Breakout Coming SoonThis may sound a little convoluted but I'm thinking that Barrick needs to start drilling Pueblo Grande - Precips property.  Why?  If Barrick can't get the necessary approval after a long already established relationship with the DR then I have to wonder if there are other obstacles awaiting approval for all other juniors contrary to what is being said by the newly elected.  Yeah, I know enough about DR economics and potential prior admin problems/discoveries.  But getting down to the basics of what matters, Barrick is already paying into the till.  They have a track record of going the whole nine yards.  If the present DR admin doesn't answer the bell with regards to the largest
established existing miner business needs,  I have to think there are other deeper issues on the governments plate.  And we need to take our watches off, back off and let them address it.  Because, in the long run, their decisions will probably be to the benefit of all concerned parties.
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