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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

Post by medvic1on Dec 17, 2020 6:03pm
172 Views
Post# 32136535

Guys, I see

Guys, I seemany of you expecting some kind of fantastic results. I just don't want you to be disappointed because the result is already estimated and the minimum we will get is 20,000 ounces which with today's gold prices will give a PHD a nice sum to start more extensive work on the property.
I guess the stock price will jump if we get something like over 35-40,000 of ounces. That's would be fantastic.
Stock is very attractive at this stage because resource is measurable and easy to process. PHD is doing super financing for the company without dilution.

 
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