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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 givemeabreak1on Dec 23, 2021 11:41am
84 Views
Post# 34258123

Another Financing!

Another Financing!This latest was flow-through so at least it will get spent on exploration most likely on a drill program.  That said, for a company with a zero nada single ounce of gold in the ground they are well over 1/4 billion shares fully diluted out there.  Would have to look back but got to be close to 50 million warrant around the .05 mark which pretty much caps any price rise unless they literally come across the mythic hidden river of gold! 
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