Bullboard - Stock Discussion Forum Patriot Gold Ord Shs C.PGOL

Alternate Symbol(s): PGOL

Metals & Mining Gold

Patriot Gold Corp. is a natural resource exploration and mining company, which acquires, explores, and develops natural resource properties. The Company's primary focus in the natural resource sector is gold. Its property holdings consist of Vernal Property, the Windy Peak Property, a royalty with respect to the Moss Mine Project, and a royalty with respect to the Bruner Gold Project. The... see more

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Patriot Gold Ord Shs > pgol

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Post by arh0070 on Oct 26, 2020 12:23pm

pgol

I have communicated a couple of times with the CEO.He responds within a day .Obviously cant communicate things that are not publicly released.When asked about a dividend ,he said not in the plans right now .He has 25 million shares so imagine he might be interested in such .Indicated drilling will be starting soon .Asked him about the Bruner and Canamex,if that could be sorted out and someone with resources who would develop it into a producing mine that would be a big deal.The reason for buying pgol is thats its an incredible value deal .They will have a large cash flow ,the question is what will they do with it ?will they buy back shares ,will they drill or acquire other projects will they declare a dividend .That is the big question.
Its not often you get to buy a gold royalty company with a p/e of 3 .

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