Providence Gold Mines Inc V.PHD

Could be one of the highest-grade deposits on the planet

[BurryM]

In the past they were milling one million ounce plus material this was a very high grade historical producer this is a fact.
"This could be one of the highest-grade deposits on the planet" said CEO Coombes last week.

[givemeabreak1]

Burry how much of the koolaid did you drink?  There is nothing to indicate that this could ever be one of the highest grade deposits on the planet other than puffing.  Snake oil for sale!  As for the past million of one million ounces plus again nonsense.  Total production over a 20 plus years was about 225,000 ounces!   Hey I got some swamp land in Northern Quebec

[KozmoT]

... LOL ...

[KozmoD]

This post has been removed in accordance with Community Policy

[givemeabreak1]

Buy hi sell low KozmoD ought to know!

[RightAngle45]

Something is not jiving, there is just too many questions and no answers. Coombs is all over the map as to what is getting done. If the potential is as great as he says it is, just on pure speculation alone the stock would not be 5 cents.  It could be true that no one has looked at this mine in over one hundred years,but I have my doubts and the market says so too. Does anyone know what they

[givemeabreak1]

Just one mans opinion but it would seem the answer is apparent. They have no cash so they are not doing much of anything right now.

[KozmoT]

Its about as dead as a company get before they go belly up.  They can't even pay the Accounts Payable that they have now, never mind spend anything on exploration and their chances at financincing just went out the window with the last two failed attempts.

[KozmoD]

This post has been removed in accordance with Community Policy

[givemeabreak1]

I wonder which planet he was referring to lol.

[RightAngle45]

The more I,,look into this, the more shady it is starting to look to me. In all the time I have owned this stock, not once have they returned any calls or emails .I guess Coombes is in his own little world doing what ever as the share price, looks like we are headed to 0. AT the end of the day it is my own faullt for not doing  my home work on this $hit show.

[givemeabreak1]

Unfortunately,  it would appear that you drank the koolaid or some in the old west would call the snake oil.  It is so common in the junior mining space you got to wonder why there is not better policing!

[RightAngle45]

It looks like Coombes has milked this for all its worth and the show is over IMO