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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 KozmoTon Oct 30, 2024 6:41pm
11 Views
Post# 36289655

RE:Warrants at breakeven at $0.05

RE:Warrants at breakeven at $0.05You forgot some stuff there buddy. They've been trying to raise the same $1.3 million since 2021.  After a brutal period of extension requests that lasted till July 2022 they managed only a measely $204K total. The warrants were at 15 cents.

Then in Feb 2023 they managed a tiny $86K PP with 5 cent warrants. To be used for "marketing and administrative purposes" ... That money is long gone.

Their last News release of any kind was back in May 2024 when they comically announced the 2024 exploration program ... that, if course, never happened.

This stock is as dead as a stock can get.
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