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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 martindaleon Dec 15, 2021 11:25am
56 Views
Post# 34232876

RE:Food For Thought .

RE:Food For Thought . Not sure what’s to bash here, must be jealousy... the company estimates between 1-4 million OZ of gold in the ground, we have 60 million shares, and a stockpile that had a cutoff grade of 1 opt, company says there’s approx 250,000 metric tons of it in presentation.. even if it is a .25 opt we are still looking at almost 70,000 oz. @ $1700 us that’s $119 Million us.. heck cut that in half I’m still happy... back in May of 2019 the company was estimating $105 Million in the stockpile and the price of gold was below $1300 an oz.. not much to bash here just the investors. GLTA Invested the rest can eat rocks.. lol
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