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 > Fat Finger Trade?

<< Previous

Bullboard Posts

Next >>

Comment by Dragoonon Apr 01, 2021 2:32pm

72 Views

Post# 32924193

RE:Fat Finger Trade?

Basically divide 2,5 mln by 75 mln shares outstanding and you have a strong 3 cent USD cash flow from Moss mine. Calculated in CAD is 4 cent and free potential from Moss, Bruner, Windy, Rainbow and Vernal. Just to easy!

Dragoon wrote: The Moss mine is at least 50K ounces a full year estimate * $1700 USD gold price * 3% NSR (royalty) = 2.55 Mln USD in royalty a year. How much of a discount do you want? (rhetorical question).

<< Previous

Bullboard Posts

Next >>

Sony’s Alpha 1 II: A new professional photography standard?