Patriot Gold Ord Shs C.PGOL

Alternate Symbol(s): PGOL

Metals & Mining Gold

Patriot Gold Corp. is a natural resource exploration and mining company, which acquires, explores, and develops natural resource properties. The Company's primary focus in the natural resource sector is gold. Its property holdings consist of Vernal Property, the Windy Peak Property, a royalty with respect to the Moss Mine Project, and a royalty with respect to the Bruner Gold Project. The Vernal Property is located approximately 140 miles east-southeast of Reno, Nevada, on the west side of the Shoshone Mountains. It holds the property through approximately 12 unpatented mining claims over 248 acres. The Moss Mine Property is located in the Oatman Mining District of Mohave County Arizona. The Windy Peak Property consists of about 114 unpatented mineral claims covering approximately 2,337 acres, three miles north-northeast of Bell Mountain. The Company holds a royalty of 2% of Net Smelter Returns with respect to the Bruner Gold Project that consists of 26 patented mining claims.

CSE:PGOL - Post by User

Patriot Gold Ord Shs > NÉE and PGOL

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Comment by northcapitalon Feb 16, 2021 4:32pm

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Post# 32576786

RE:RE:NÉE and PGOL

I believe that your comment about Patriot Gold being fairly valued at the current trading price is incorrect. I would encourage you to consider the Moss Mine as a 6 year annuity. Then calculate the value of such an annuity and divide that number by the number of shares outstanding. Once you do that, you will find - even with pessimistic assumptions - that the stock is significantly undervalued at its current trading range.

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