Providence Gold Mines (PHD)

[ET2010]

I want to show you what kind of potential there is in PHD. I am sure that PHD will be the most exciting gold story 2020/21. This company will quickly become well known. I expect further results with gigantic gold concentrations in the shortest possible time. With modern exploration techniques, and mordern milling and recovery mehods available, the Providence Mines Property still has the potential to again be a gold producer! The entire gold belt, called the Mother Lode Belt, spit out an estimated 125 million ounces. Experts believe that only 10% of the total gold was mined. The main mining took place in the upper levels and is indicated with a gold content of 16-25g / t rock. 225,000 ounces were extracted from the mine, compared to today's most primitive means. At the moment PHD is to build value by completing further analysis of the stock pile to produce an accurate size and grade and produce a NI 43 101, this should produce significant value to the shareholders, said Coombes.
So the gold market continues to rise, PHD is in the gold business so i expect some upside very soon !! See you soon with shareprice by 0,2-05 Cad