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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 Jul 03, 2022 10:59pm
108 Views
Post# 34798500

That is Uglier than Even I expected!

That is Uglier than Even I expected!If I read this correctly they managed to close at total of 121k which would include the 83K announced back in December so it took them another 6 plus months to get another 38k?  Am I reading this right?  If so I do not understand why this is not trading at 2 cents.  I also do not understand why an insider is buying on the open market when he could be providing needed cash to the company.  It all makes no sense!
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