RE:RE:RE:RE:RE:RE:Accuracy of a bulk sample - is actually the pointYes. Been a bookseller of used and rare books for 35 years, selling online for the last 30. Have an open shop that doesn't do much, so online sales it is. The pandemic has been a godsend, and the worse it gets the better for online sales.
Based on everything I've read about this mine, and all the historic researh I've done, the stockpile definitely does contain economically viable amounts of gold, especially when you consider its already preprocessed mill feed. Open pit mines do just fine at lower grades than the stockpile, and they still have to mine and crush the ore down to what Providence has in the stockpile before final processing.
The problem is management. They don't seem to know how to do this, probably because they've never done it before. And they ae not willing to just jump in and go for it.
One interesting fact to dwell on is the stock price refuses to fall below 6.5 cents. I've been investing in gold mines for 50 years, usually when an operation reaches where Providence is at the price just goes down and down, eventually to zero. That's not happening here. So the market is saying there is serious value here, but until either management gets serious or someone else comes along and takes them over, the price is going to do nothing.