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Providence Gold Mines Inc V.PHD

Alternate Symbol(s):  PRRVF

Metals & Mining Gold
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

Providence Gold Mines Inc > Now what ??
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Comment by givemeabreak1on Jan 13, 2023 12:41am
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Post# 35220249

RE:RE:Now what ??

RE:RE:Now what ??Establishing value is actually quite simple.  Amount paid for property rights minus cash spent on exploration and other fees, plus cash on hand minus debt times number of ounces of gold found times estimated value of gold in the ground.  Oops my bad my math must suck because I came up with 0!  Maybe Gamble can recheck my numbers lol.
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