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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 givemeabreak1on Jan 06, 2023 4:53pm
64 Views
Post# 35207956

RE:2022 net house positions

RE:2022 net house positionsGamble
I have no idea what you are posting.  That said it is not net house positions so has nothing to do with shorts.  What you are posting is sales by house.  So if I deal with RBC and sell 100,000 shares of a stock and my neighbor also deals with RBC and sells 10,000 shares of a stock the net volume is -90,000 share which has absolutely nothing to do with the house position or shorts.

Net volume is used as a technical indicator and is simply calcutlated by uptick vs dountick over time.  Just because a house sells more of a stock than they buy has nothing to do with shorting!  It appears you are confusing net volume as being the same as a net position which it is not!


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