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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 givemeabreak1on May 29, 2021 9:06pm
53 Views
Post# 33293431

RE:RE:RE:RE:The History of the Providence Group of mines

RE:RE:RE:RE:The History of the Providence Group of minesBack
It is relevant to Gambles repost of the promotional information from PHD.  The promotional stuff makes it sound like gold prices have been to cheap before this to bring the mine into production again.  Over a 20 year period between about 1975 to 1995 gold averaged over $2000 an ounce on a inflation adjusted basis so higher than they are now.  
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