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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 Dec 06, 2024 5:48pm
40 Views
Post# 36350366

Bad news Friday strikes again ...

Bad news Friday strikes again ...Let me get this straight, they have to fill a PP for $1,800,000, but the "first tranche" only managed $75,000 ?!?!  But it gets worse, the only person to invest is the company CEO?!? and to do it he just had to SELL the exact same amount of shares?!

Ouch .... BigBen, Gamble ... care to comment on this?
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