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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

Post by Avocadopiton Dec 20, 2021 12:56pm
105 Views
Post# 34247349

Couple of Questions for KozmoT et al

Couple of Questions for KozmoT et al
1. Do you own any shares of PHD?

2. Considering your claim that the company is worthless, can do you explain why the price does not go down to zero?

In my experience, companies that are worthless, are, well, worthless, and the stock price reflects that. PHD is able to maintan a price floor of 6 cents. 

If the company is worthless, why doesn't the stock price reflect that? 
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