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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 mramon Dec 31, 2020 1:25pm
93 Views
Post# 32204329

RE:Here's what the claim's owners thought they were worth

RE:Here's what the claim's owners thought they were worth
KozmoT wrote: ... keep in mind the promoters here are trying to convince you this wastepile is worth 10's of millions, just sitting there ...

"To earn a 50% interest in the Property, Red Hut (now Providence) must make total payments of US$150,000 and incur at least C$2,000,000 of expenditures on the Property over the course of three years."

Now consider how little has changed on this play since 2017 - it was worth $175K in 2017 but even though nothing has changed, the pumpers here want you to believe it is miraculously worth millions and millions?!?!?!


Thanks KozT,,,,tell us when we see the 1st results if it's worth it in fairness to all here.HNY

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