Providence Gold Mines Inc V.PHD

worth a repeat for any real, intelligent, non bashing folks

[2021Gamble]

https://www.youtube.com/watch?v=wDeFEy599FM

worth the full 40 minutes of your time.

at 1:40 you'll note good confidence estimate is 1 million ounces.  Througout the podcast, a range of up to 4 million ounces is discussed, most often reference to 1-3 million ounces is made.

The planned 3-4000 metre drill program discussed, as detailed in the podcast, is funded either through PP, or reprocessing the stockpiles, and likely to cost $700k US, but plan is that the 'free gold' on ground can fund this extenditure as the best bang for the buck for shareholders - and a permit is not needed in order to remill the stockpiles, nor any special handling requirements (as was fielded by question)

The podcast clearly details that remilling is highly likely to proceed with portable units about 3 months following the bulk sample result (37 minutes), as work has been done over the last 6 months on a mobile unit sourcing (24:30 minutes), with a purchase, lease or lease to own being considered (31 min), as there is 300k in the bank as of march 11 (30:06) a lease or lease to own is preferable as it is best for shareholders.

Again, extreme emphasis was placed, more than once, and also fielded in the questions, that there are multiple stockpiles easily accessible, and that the current stockpile estimate is very conservative.

it was also confimred that the bulk sample was a couple of tonnes (although it might have been tons ) as metric, long, short were not mentioned...

Feel free to be the big playground bully givemeabreak.  You're good at it, so you've obviously had lots of practice, but as for intelligence, sadly lacking - but then that's true of most bullies.

I don't make stuff up.  I also don't day trade or penny flip.  I invest.  PHD has gold on the ground - confirmed - and have stated outright - yes, confirmed , they are moving to source equipment - confirmed  and process the stockpile - confirmed.  Hard for you to admit your wrong I know.....but someday you'll grow up.

As for PHD.  I am continuing to put my O&G profits into my 6 junior gold stocks for my retirement....Please keep selling - I have no problem at all with that.  i'll also likely continue to just buy from the ask - because at these prices, I'm not waiting for orders to be filled to save a 1/2 penny.  I have however started to track my percent ownership fo the company.

You sure do like to mislead people; misquote and paraphrase them to your benefit - but I know the source of my info - and I shouldn't have to post to clarify your garbage posts - but....hey, when a podcast from the company directly contradicts you - well that makes it pretty darn easy for people to see where your true motives lie.

you have yourself a good night.  I'm sure they're a playground near by you can head out to

[KozmoT]

LOL "good confidence estimate is 1 million ounces. "  WITHOUT A SINGLE DRILL HOLE?!?!?  Oh wait, I'm sorry, they did drill the underground - and got NOTHING! You are deliberately spreading misinformation here buddy.  I'm no lawyer but that kind of false promotion might just maybe land you in some legal hot water.

[2021Gamble]

That is directly from the company's Podcast - the one you didn't want to call into, and asked others to report back on. So, no, not misinformation - came directly from the company.  Link was posted in the same message, so you can go listen to it youself.

[KozmoT]

So you are saying that telling investors they have a ""good confidence estimate is 1 million ounces. "  without a single drillhole is NOT spreading misinformation ... Seriously???  And you are saying that they have a known resource of up to 4 million ounces but nobody, not one single company, in 100 YEARS, could be bothered to mine it and the people who did own it and

[givemeabreak1]

Gamble listen to the You tube video again.  Ron says permitting an issue then get the current owner and lawyer to answer the question and he danced around it because they do not know lol!  The lawyer and owner of the land says.  These are his words not mine! !. We had a productive and informative meeting with the water board but refuse to say they said they could get a permit lol. 2

[2021Gamble]

i suggest you listen to the podcast.  Came directly from them.

[Cr00ks604]

Desperate situations call desperate measures. The company is almost broke. They have nothing proven. They're taking a gamble on waste rock. They don't raise money soon they're not going to be doing anything.

[2021Gamble]

Ummm...really?  they had $300k in the bank just about 2 months ago. They have not 'proven' per GEO guidelines, but have highly probable drill targets with a planned expenditure of $700k US, and have recently given us excellent results from the bulk sample from the stockpile of "free gold" in the millions of dollars. As for "a gamble".  on waste rock. 

[2021Gamble]

Well, if you had done any DD, you would know that one family has owned that property for decades, and is who has optioned to the property to Red Hut / now Providence. As ofr 100 years - you mean like the Golden Triangle in BC, or Quebec, or Saskatchewan? yes....people couldn't be bothered....or maybe they listened to you?

[givemeabreak1]

Gamble learn to read fool you are posting from a promotional video as fact.  The information the company has already said they were wrong.  They said they were using conservative estimates for the stockpile when they actually drilled they found that the majority of the material did not exist.  Learn to read fool!  And yes the family has owned the property for decades and so why

[2021Gamble]

nothing here worth responding to.  Another post of garbage designed to mislead and distract.