Providence Gold Mines Inc V.PHD

What went wrong with the drilling?

[KozmoT]

November 17, 2020 - ... is pleased to report drilling commenced November 16, at the Providence Gold Mine historical stockpile. The drilling of the stockpile will be completed by this weekend, ..."

November 30, 2020 - ,,,is pleased to report that ... drilling is now completed, and drill samples ..."

How'd they manage to get the timing so comically wrong?

[catman24]

This post has been removed in accordance with Community Policy

[Weeble]

After all this time, do you really think an extra week matters?    A hundred things could cause a delay when you are drilling.  You are in the wrong game.

[Twigler12]

It states drill samples were completed, and already on their way to testing facility. I wouldn't say anything went wrong at all. In fact depending on how many samples they took(more meaning more time could be more stockpile than originally expected) plus the time I takes to bag, label, survey, transport I think they are right on track if not ahead of schedule. When everything's on paper is

[KozmoT]

You missed the point. On Nov 17th THEY claimed they would be done by "the weekend", three days away.  Somehow that morphed to 14 days.  I wouldn't call that "ahead of schedule".

[WHATTHE1]

I think YOU missed the point...Drilling may have been done by the weekend(21). I do not think they work weekends. Town is so close by. Then they would have to tag, catalog, store safely, or whatever they do. Then had to do a bulk sample and load this onto a truck and hall off to Sparks Lab for assays. Thursday Was thanks Giving Holiday. Did you want PHD to post a news release prior to

[ArtVandelay79]

Kozmo....have you been hit in the head by Crazy Joe Davola again?

[Weeble]

Forget Kozmo and the other bashers.  They are throwing shade and spreading FUD so that he can buy cheap and they will never admit to anything good.     I know I am not counting costs but 20,000 ounces at 1800 gold is 36 million dollars.  Present market cap is less than 7 million. It could be more or less but all I want is enough gold from the surface stockpile to fund

[KozmoT]

I can't tell if you guys are being serious ... start up costs on a 20,000 oz operation? These guys have $700K in cash and a crazy burn rate (going to "related parties") ... where exactly do you figure this is going exactly?

[Positivelive1]

KozmoT- If it's not for you then move along ditbag!

[Twigler12]

im sure everyone involved isnt volunteering their time for free just to pad the finacials. machinery,assay sampling, surveying, permits, lawyers the cost goes on. i can tell you have no in feild experiance on what actually goes on around a jobsite. for a small outfit like PHD mines located away from any populated area, im sure they dont have big corperate contractors fighting over the opertunity