Providence Gold Mines Inc V.PHD

Upcoming warrant expiries....

[2021Gamble]

Summary of warrants outstanding: (MD&A page 8)

                           ExpiryDate           Number of Warrants Weighted Average Exercise Price($)
Finder’s warrants   May 29, 2021                       66,720                    0.15
Warrants                July 22, 2021                 14,332,000                    0.15
Finder’s warrants   July 22, 2021                      477,750                    0.15
Warrants                December 11, 2021         6,056,627                    0.20
Finder’s warrants   December 11, 2021            177,200                    0.20
Warrants                January 3, 2022               1,858,666                    0.20
Warrants                May 29, 2022                   3,384,200                    0.20

Total 26,353,16


with the July warrants expiry coming up...the share price is being held down, "in the hopes" there will be another PP to replace the warrants.....

However, if I was a betting man....I would say we are going to see a short squeeze the likes of which has not been seen in awhile, and the warrants will get exercised in order to cover....

just imo of course.....but...yup....me buying more :)

[KozmoT]

LOL a "short squeeze" on a garbage penny stock like PHD with 1550 shorts??  You really are desperate.  Even if the company had the money to do anything they've pretty much killed the waste pile play and are reduced to walking around the property poking at surface outcrops or remapping 100 year old abandoned underground workings. The fact you even comically invoked

[Backinblack1000]

This post has been removed in accordance with Community Policy

[2021Gamble]

Yes, Kozmo, a "played" PHD has imo, a very very large undisclosed short position...so take your "disclosed number" and do some math.... or even better....why don't you explain to the good people of the BB (and the world), how cross trades happen on the ATS exchanges to the tune of 300k shares, and "in the dark" and at 1/2 and 1 cent below market price. It is