Providence Gold Mines Inc V.PHD

Buzz on the Bullboards: Quarterly reports and company mergers

[givemeabreak1]

The good news is there is really no bad news as there is nothing there to have any news about anymore!  Maybe Gamble can give us a level 2 on that lol!

[KozmoT]

They don;t have "little cash" they have NO cash; actually less than no cash since their Current Liabilities are greater than their Cash position.  They have virtually nothing with which

[Jonathon Brown]

This week also marks the heart of quarterly earnings season, when companies disclose their financial and operational performance. read article.

[Pointer2]

Appreciate the response, KozmoT even if it comes with the usual tone.   Of course I’m aware that PHD is currently in a rough spot I even mentioned they have no property and little cash. That

[KozmoT]

You're literally babbling now ... companies with no money and not even a property are the ones that respond the strongest when the market turns?  ( Hint: it already turned )  You called

[Pointer2]

In my opinion, the real ignition for the bull market is still missing but it feels like we’re getting very close. Lately, I’ve been getting the sense that investors are quietly starting to position

[KozmoT]

Why would there be something happening now when there was nothing happening when they did have a property and weren't flat broke?  They lost the property precisely there was nothing happening

[Pointer2]

Why do I think there might be something going on behind the scenes? Honestly, because in situations like this, it’s rarely the case that absolutely nothing is happening. There are often discussions

[KozmoT]

Why don't you tell us what possible "activity behind the scenes" could possibly be going on or what the something is that might possibly be "in the works"?  I'm

[Pointer2]

Hey Givemebreak, KozmoT I totally get where you’re coming from. And yeah, on the surface, PHD looks like an empty shell right now. No argument there.   But that’s exactly what makes these

[KozmoT]

It seems Pointer's investment strategy is to find grossly overvalued companies with no underlying fundamentals and invest in them hoping somehow they become even more overvalued before anybody

[givemeabreak1]

So Pointer if I were to fill out the papers and list a shell company start up tomorrow with no assets just my self worth you would value my new company at 1.5 million?  Heck lad I am in send me

[Pointer2]

Fair points, KozmoT no denying the past performance was poor, and losing the property obviously set things back hard. But that’s kind of the point: with expectations this low and sentiment this dead

[KozmoT]

But here's the thing ... they couldn't make a go of it when they HAD an exploration property. They went broke, had no exploration success and ended up with an SP of $0.02.  So what do you

[Pointer2]

KozmoT, that’s certainly one possibility maybe it is a slow fade, like so many others. I’m not denying that risk; in fact, I’ve acknowledged it several times. But markets price in certainty fast and

[KozmoT]

So because they no longer even have a functioning website you think they might, just maybe, be conducting some "behind-the-scenes movement??!?!?!? With no money, no property, no financing, what