Providence Gold Mines Inc V.PHD

Buy property

[JusthowiseeiT]

is it possible to buy this property or whatever they have and use it as a tourist site ( 10$ fee to hunt through tailings for 4 hour tour ) plus you could sell bagged lunches and gold hunter equipment OR erect a monument to show a prime example of a pump and dump scam. This idea if done right could actually produce more income then PHD ever has.

[RightAngle45]

That would be a far better option but , maybe ronnie is busy organizing something along these lines . This could also be the reason that he dosent return emails and phone calls and such, because he is resorting to plan B, and is just too busy. Something along these lines could have been his contingency plan all along. I am sure he will address the sharholders soon.

[givemeabreak1]

Problem is the company does not own the property lol!  In other words, they have a working interest ie lease agreement to earn in to a 50% working interest lol.  After the earn in they have an acquisition option to pay $5 million for 100%.   Needless to say they would have difficulty coming up with that kind of cash and even then I supect they would need to charge more than

[RightAngle45]

   Yes you would stand a better chance raising money doing that as opposed to what coombes is going to have to do. He is going to have to find someone dumb enough to JV with. So he will have to dilute the ever living pi$$ out of the stock, with the share price at 3 cents. With the share price at 3 cents, just shows that no one is beleiving what he is trying to sell ,.all in my opinion