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Patriot Gold Ord Shs C.PGOL

Alternate Symbol(s):  PGOL

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

Comment by YouSellandIBuyon Mar 19, 2021 6:02pm
87 Views
Post# 32843386

RE:Investors selling PGOL don't understand how royalties work?

RE:Investors selling PGOL don't understand how royalties work?
Roddiggiti wrote: Strange all the selling when PGOL is still making over $600,000 USD income from the Moss mine per quarter with $1700 gold. But that's ok, good opportunity to add shares before year end results this month and Q1 in May. NEE will be ramping up production now that the merger with EGLD is complete and they have the financing to drill more wells. Moss mine was producing at $1,200 gold, it's a very economical asset. Need to free up some cash so I can add.



Market wants to see some results. People will pay up once the company shows more net income quarters. We should be grateful that investors have not caught on here as it gives us more opportunity to add stock. Best deal on the exchange for gold and royalty lovers.
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