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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 BIGBEN20on Oct 23, 2024 1:56pm
89 Views
Post# 36278904

Gold - Turning Point for Juniors

Gold - Turning Point for Juniors
In order to balance the books of PHD -
if the directors including their book keeper would have never forgiven their debt if PHD has not so much potential.
So i see the opportunity that PHD will be a very successful company because of their 4000m drill program. Do not underestimate the newly discovered gold zone at surface. Financing is missing thats all. 2023 and beginning 2024 has been difficult years for the junior mining sector. Many stocks were trading near multi-year lows. Financings didn’t take place. Now we are at the turning point, I think the Juniors will find attention and financing again very quickly.
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