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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 Jan 10, 2023 11:16pm
274 Views
Post# 35214938

Buy and Sell High Interest Savings Accounts

Buy and Sell High Interest Savings AccountsSince interest rates have risen and markets are more risky there is alot of cash on the sidelines waiting to be deploy.  Interestingly enough people are leaving the cash just sit there which is nutty.  I have converted about 600k recently to cash so i have it sitting at my brokers in a daily high interest saving accout at 3.8%.  So if something good arises I am not tied up with something like a fix term GIC and in the mean time assume the cash sits for say 6 months I still get almpst 12K interest just for waiting.  Yes it does not keep me up with inflation limits the pain while allowing me to be on the sidelines unless I see exceptional stocks!
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