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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 > Did you happen to read the part where it seems they no
View:
Post by KozmoT on Dec 17, 2023 1:43pm

Did you happen to read the part where it seems they no

longer even have a property to explore ... Oops?

"To exercise the 50% Working Interest Option, the Company must:

a) Pay US$25,000 to Ellers following regulatory approval of the Agreement (paid); ... and

e) Incur $500,000 in Property expenditures during each of five one-year lease extension periods ending May 24, 2021, 2022, 2023, 2024 and 2025, pursuant to the Second Amendment. For any given one-year lease period, the Company may pay Ellers US$25,000 in lieu of incurring the required expenditures. (As of September 30, 2023, the Company had not incurred the Property expenditures for the periods ended May 31, 2021 and 2022, and had not made the $25,000 payments in lieu.)

L
et me guess, now you are going to threaten me again because I had the nerve to expose this?
Comment by knowalittle on Dec 18, 2023 7:20pm
You are so intent on continuing with your defamation  I know the property owner  he is good friends with the company why are you bent out of shape I have confidence the financing will be done  you must be in one hell of a short position  your not a shareholder so why are you here  almost daily  expounding  the  results aren't real  they have had ...more  
Comment by KozmoT on Dec 18, 2023 9:07pm
LOL I'll address the more comical parts of your post later but do you realize you just exposed a relationship between the vendor and PHD ?!?!?  "I know the property owner  he is good friends with the company..."  Given the amount on investor funds that have exchanged hands with absolutely no benefit to any investor (stock trading at 3 cents!!)  ... do you think ...more  
Comment by KozmoT on Dec 19, 2023 12:36pm
Now to the comical parts of your post ... "I have confidence the financing will be done..."  Um you obviously have no idea of the history of this company, they have failed over and over and over to secure enough financing to accomplish any firther work. " they have had great results wow..."  I take it you never even bothered to research the results they've ...more  
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