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Providence Gold Mines Inc V.PHD

Alternate Symbol(s):  PRRVF

Metals & Mining Gold
Providence Gold Mines Inc. is engaged in the acquisition and exploration of exploration and evaluation assets. The Company does not derive any revenue from operations.


TSXV:PHD - Post by User

Providence Gold Mines Inc
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  • Pointer2X
Post by Pointer2on Jun 02, 2025 9:31am
91 Views
Post# 36594173

Why is an “inactive” company investing in marketing?

Why is an “inactive” company investing in marketing?
In Q1/2025, PHD spent around CAD 15,500 on marketing despite an expiring project (Tuolumne) and no ongoing exploration.
In addition, management fees of CAD 22,500 were paid.
Who spends money on advertising during an alleged “standstill phase” when there is no operational outlook?
 
Could this hint at upcoming developments ?
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