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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

Providence Gold Mines Inc > Providence Gold Mines
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Comment by KozmoTon Mar 30, 2021 7:00pm
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Post# 32911125

RE:RE:RE:Providence Gold Mines

RE:RE:RE:Providence Gold MinesWith all due respect, thats wildly optimistic. For starters the avg grade is nowhere near 3.6 g/t - you only excluded the one outlier; you forgot they lose 10% right off the top to the owner of the property and you bizarrely left off the "expenses" - using your own numbers they'd be lucky just to break even!!!
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