Providence Gold Mines Inc V.PHD

Why Providence Still Has Potential

[Pointer2]

Fair point but I don’t see things quite so darkly. Yes, Providence officially has no active property at the moment, but anyone who’s followed exploration juniors knows: these phases are not unusual. Many juniors look dead until a deal, renegotiation, or asset return suddenly happens.

Why am I still here?

Because I still believe in the huge potential of the Tuolumne property. Yes, it’s been written down – but maybe only to reopen negotiations. There are hints: marketing expenses during a “quiet” period, management compensation, and a recent $85,000 private placement in April. You don’t do all that if it’s truly over.

Of course it’s speculative but that’s why I’m in. If nothing happens in the coming weeks, I can reconsider. Until then, I’m staying in.