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

Alternate Symbol(s):  PGOL

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

CSE:PGOL - Post Discussion

Patriot Gold Ord Shs > Investors selling PGOL don't understand how royalties work?
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Post by Roddiggiti on Mar 05, 2021 10:00am

Investors selling PGOL don't understand how royalties work?

Strange all the selling when PGOL is still making over $600,000 USD income from the Moss mine per quarter with $1700 gold. But that's ok, good opportunity to add shares before year end results this month and Q1 in May. NEE will be ramping up production now that the merger with EGLD is complete and they have the financing to drill more wells. Moss mine was producing at $1,200 gold, it's a very economical asset. Need to free up some cash so I can add.
Comment by YouSellandIBuy on Mar 19, 2021 6:02pm
Market wants to see some results. People will pay up once the company shows more net income quarters. We should be grateful that investors have not caught on here as it gives us more opportunity to add stock. Best deal on the exchange for gold and royalty lovers.