Post by
KozmoT on Jul 07, 2022 1:21pm
All they got of the $1,300,000 PP was $121,625 and even
pumper Goldenfrenchy admitted they needed the $1.3 to do any drilling worth doing so its pretty much dead. And "Convertible Equity Financing" is nothing but essentially a bridge loan between financings and obviously if all they got after six months of trying and THREE separate PP extensions was laughable $121K then they're pretty much ... toast. That $121K wasn't even enough to settle the Trade Payables they had as of back at the end of March 2022 as per the financial statements.
Comment by
givemeabreak1 on Jul 07, 2022 1:28pm
Whatever happened to the financing that was approved but they were needing information or clarification from their insurance agent of a requirment being requested? Never heard anything about it again!
Comment by
KozmoD on Jul 07, 2022 1:32pm
This post has been removed in accordance with Community Policy
Comment by
KozmoD on Jul 07, 2022 1:35pm
This post has been removed in accordance with Community Policy
Comment by
DaveTOR on Jul 07, 2022 1:58pm
just ignore KozmoT posts. It is not only here that he writes insanely! he will be gone in a few weeks because PHD will attract attention in the gold market soon
Comment by
KozmoT on Jul 07, 2022 2:24pm
DaveT - can you point out what you think I got wrong - the dismal amount of the PP? the definition of Convertible Equity? the Trade Payables from the last financial statements? - you kinda "forgot" to say what I got wrong. Please get back to us on that, okay?
Comment by
Donwaan on Jul 09, 2022 12:38pm
Let's get this party started! Things with PHD have moved very slowly but there is still much potential upside here.
Comment by
givemeabreak1 on Jul 09, 2022 9:06pm
DonW I think you have been ask before what exactly is the upside potential compared to any other development stage company. Please list all the exciting potential stuff you are referring to or is this just another pump for pumps sake as it has no content!