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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 KozmoTon Feb 24, 2023 11:45am
84 Views
Post# 35303513

Answers for Gamble

Answers for Gamblebuyers or sellers ... both, duh. Just very very few is the problem.

institutional or retail ... "institutions" are not even allowed to touch stocks like PHD

shorts or no shorts ... 27,660 or a whopping $1106 worth .. you could have looked this up yourself

financing or no financing ... no financing obviously or you would have heard about it.  The last time they tried for $1.3 M and came out with only $121K after multiple extensions ; the time before that they tried for $1.3 M and came out with only $270K and BOTH of those were at $0.07, they are now sitting at FOUR CENTS !!!  And to make matters worse they have now been reduced to trying for a Convertible Equity Financing and that was announced in July 2022 - if it had panned out you would have heard of it ages ago.


gold or no gold ... nothing worthwhile after all these years, even the company gave up on the dismal waste piles; keep in mind its an abandoned gold mine that has been sitting for 100 years

Don't forget they already drilled this play (2019) and the results were so bad that was when they decided to go after the waste pile instead.  Did you forget that part?
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