Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Providence Gold Mines Inc V.PHD

Alternate Symbol(s):  PRRVF

Providence Gold Mines Inc. is a Canada-based mineral exploration company. The Company is engaged in the process of exploring and evaluating its mineral property located in California, United States. It owns 100% interest in Tuolumne Property. The Company’s gold mines consist of seven patented stake mineral claims and 22 located claims, encompassing an area of approximately 324 acres, which... see more

TSXV:PHD - Post Discussion

Providence Gold Mines Inc > I thought they did this already!
View:
Post by givemeabreak1 on May 14, 2021 10:46am

I thought they did this already!

So I seem to recall over a year ago the company saying processing the stockpile was pretty simple and saying they new what equipment they needed.  

This got me to thinking!  So if they were sourcing the equipment over a year ago why would be they be hiring a consulting company to do what they supposedly already supposedly did.  Am I missing something here.  They seemed to be one really disorganized company.  They seem almost technology illiterate as far as their Zoom meetings.  Then of course there was the issue of drilling to spend all that money on drilling and assays to then say well precussion drilling doesn't really work on a stock pile what?  One of the reasons supposed was that the material gets pulverized and the gold would drop to the bottom of the hole.  Interestingly enough that does not appear to be the case.  If you look at the really high grade holes the high grade is near surface.  The grades beneath are much lower.  Then again to confirm the theory all you have to do is sample the stockpile at the bottom and you should get some really high grades.  At anyrate, 2 years of diddling around with a stockpile seems like such a waste if they believe these mines have gold drill them.  I know I keep hearing the stockpiles for cash flow.  That is sort of true when you have an old mine site with capabilities to run the material already not when you have to buy or lease everything.  Just one man's opinion but they seem to be beating a dead horse for what appears to be little money even if it is profitable....

V.PHD | April 27, 2021
The Company has now commissioned sourcing of equipment to Big Rock Consulting Inc. head office located in Kelowna, British Columbia. Big Rock specializes in the mining industry, with decades of experience in design, crushing, grinding and all aspects of milling.
 
Providence Gold Update
March 9, 2020
Providence Gold Mines Inc. (TSX-V: PHD) (“the Company”), is pleased to announce that it is now proactively sourcing milling equipment to process the stockpile of material.
Comment by KozmoT on May 14, 2021 2:05pm
Its almost like they are just making it up as they stumble along....
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities