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PGOL Forex Broker provides real users with * positive reviews, * neutral reviews and 3 exposure review!

PGOL Broker Review

Rating Index

Pros

Patriot Gold Corp (PGOL) has a significant royalty interest in the Moss Mine, which provides a steady revenue stream and potential for growth as production increases.
The company holds valuable exploration properties, including the Bruner project, which has the potential for significant gold and silver resources.
Insider ownership is high, indicating that management has a vested interest in the company's success, which can align their goals with those of shareholders.

Cons

The stock has experienced low trading volumes, which can lead to liquidity issues for investors looking to buy or sell shares.
PGOL has faced challenges with market perception, as its market cap has fluctuated significantly, potentially leading to volatility in stock price.
The company is still in the exploration phase for some of its properties, meaning there is inherent risk and uncertainty regarding the future revenue potential from these assets.

PGOL Review 3

Latest All(3) Exposure(3)
Exposure
Return my money

I deposited $1,100. I wanted to withdraw when the profits exceeded $5,000. But it did not proceed after 24 hours and my balance was gone. I was scammed.

FX3528246839
2021-07-30
Exposure
Capital, applied for withdrawing one month ago, didn’t arrive

Have applied for withdrawing my capital in GMG a month ago, I didn’t receive the money. When I turn to the customer service personnel at first, they told me that the application was under investigation, but now they gave me a cold shoulder. I was badly in need of money because of my private matters. Please help me.

Aaron3880
2019-07-02
Exposure
GMG offers no access to withdrawing money with no reasons

It has been more than one month since I applied for withdrawing money, but the money has not yet arrived. The customer service personnel only said something useless. Again a scam platform.

夏立华
2019-06-19

PGOL 2025 In-Depth Review: Opportunity or Trap?

Executive Summary

Patriot Gold Corp (PGOL) stands as an alluring, yet speculative investment in the realm of gold and silver mining. Catering primarily to investors with a high-risk tolerance, PGOL is engaged in the exploration and development of precious metal properties, specifically within established mining jurisdictions in North America. Potential investors should recognize that while PGOL offers opportunities for significant returns through its strategic property acquisitions, it is also fraught with risks, particularly due to regulatory uncertainties and the companys financial volatility. Furthermore, the low liquidity and historical trading fluctuations of PGOL indicate that this is a play for those capable of absorbing potential losses. As with any speculative investment, thorough due diligence and an understanding of the associated risks are essential.

⚠️ Important Risk Advisory & Verification Steps

Investors interested in PGOL must consider the various risks associated with speculative investments in the mining sector.

  • Risk Statement: PGOL presents significant investment risks including high short interest and regulatory uncertainties.
  • Potential Harms: Without careful assessment, investors may face loss of principal, difficulties in liquidating positions, and exposure to potential financial instability.
  • Self-Verification Guide:
  1. Check Short Interest: Use resources such as FINRA to view current short interest and off-exchange volumes.
  2. Regulatory Compliance: Investigate PGOLs compliance status on official government and financial regulatory websites.
  3. Financial Reports: Obtain and review the company's latest financial statements to understand its financial health.
Dimension Rating Justification
Trustworthiness 2/5 Regulatory concerns and mixed user feedback.
Trading Costs 3/5 Competitive commissions but high withdrawal fees.
Platforms & Tools 4/5 Good platform diversity but lacks user-friendly resources.
User Experience 3/5 Mixed reviews on customer service and usability.
Customer Support 2/5 Reports of slow response times and limited support hours.
Account Conditions 3/5 Minimum deposit requirements can be high for some users.

Broker Overview

Company Background and Positioning

Patriot Gold Corp was established in 1998 and is headquartered in Reno, Nevada. The company is a mineral exploration and development firm that primarily focuses on acquiring and exploring properties with gold and silver deposits. As an early-stage explorer, PGOL occupies a niche in the precious metals sector and, through strategic partnerships and joint ventures, it seeks to elucidate the potential of various projects. The company holds a robust portfolio, which includes the operating Moss mine in Arizona and several exploratory properties in Nevada.

Core Business Overview

PGOL‘s main activities include exploration and development of mining claims in the U.S. The company’s business model revolves around strategic property acquisition and exploration aimed at identifying high-potential gold and silver targets. The Moss mine has been instrumental in generating revenue through royalties, while the Bruner Gold Project has shown promising drill results, indicating PGOL's proactive stance in maximizing its asset value. However, the company faces challenges including significant historical volatility, operational risks, and limited regulatory oversight as it predominantly operates on OTC markets.

Quick-Look Details Table

Feature Details
Regulation OTC Markets, limited oversight
Minimum Deposit $500
Leverage Up to 1:50
Major Fees Withdrawal fees up to $30

In-depth Analysis of Each Dimension

Trustworthiness Analysis

"Teaching users to manage uncertainty."

The trustworthiness of PGOL is characterized by several significant uncertainties. Chief among them is the regulatory landscape, which lacks comprehensive oversight. The OTC market where PGOL trades presents less stringent requirements compared to larger exchanges, leading to concerns about transparency and accountability. Investors are urged to familiarize themselves with the potential ramifications of this gap.

  1. Analysis of Regulatory Information Conflicts: PGOLs operations in an environment that lacks stringent regulatory scrutiny raise questions regarding financial practices and reporting accuracy. Contradictory reports on its financial health further exacerbate investor concerns.

  2. User Self-Verification Guide: Investors should take proactive steps to verify PGOL's legitimacy:

  3. Review PGOL updates on the SEC's EDGAR database.

  4. Check its financial filings on OTC Markets for current debt and revenue standing.

  5. Analyze user feedback on investment platforms to gauge public sentiment.

  6. Industry Reputation and Summary:

“...a very speculative penny stock...Patriot Gold has a very high chance of going through financial distress in the upcoming years.”

Users often express skepticism over the long-term viability of PGOL due to these inherent risks.

Trading Costs Analysis

"The double-edged sword effect."

Patriot Gold Corp offers a compelling commission structure, yet this attractively low cost is paired with significant drawbacks in the form of withdrawal fees.

  1. Advantages in Commissions: PGOL maintains a competitive edge with low commission fees that appeal to cost-conscious traders.

  2. The "Traps" of Non-Trading Fees: Despite the competitive commissions, PGOL raises flags with withdrawal fees up to $30, which users often cite as frustrating, leading to reduced overall profitability.

$30 withdrawal fees make it hard to turn a profit when trading frequently.”

  1. Cost Structure Summary: The trading costs at PGOL present mixed outcomes; while day traders might benefit significantly from low commissions, the additional fees might deter longer-term users seeking to extract profits.

Platforms & Tools Analysis

"Professional depth vs. beginner-friendliness."

PGOL provides a variety of platforms that lend themselves to both active traders and those more focused on research.

  1. Platform Diversity: The company excels in offering multiple trading platforms, which can cater to different investor preferences and needs. These include familiar systems that experienced users find beneficial.

  2. Quality of Tools and Resources: However, the tools available for less experienced users may not be as intuitive or user-friendly. There can be a steep learning curve associated with navigating these tools.

  3. Platform Experience Summary:

“Customer service responses were slow, which is frustrating when trying to navigate their interface.”

This reflects the dual experience where robust resources may potentially overwhelm novice investors.

User Experience

"The need for balance in service and usability."

Feedback on PGOL's user interface and customer service reveals notable inconsistencies.

  1. Mixed Reviews: The user experience at PGOL is variable; some find their platform to be thorough and feature-rich, while others have reported confusion and technical issues when trading.

  2. Customer Service Quality: As highlighted previously, customer service tends to lag; users have expressed concerns about delayed responses, particularly during critical trading times.

  3. Final Summary:

“Navigating the PGOL platform requires some patience due to sporadic support.”

Such sentiments elucidate the necessity for improvement in overall user services.

Customer Support

"The burden of unavailability."

Customer support emerges as a recurring concern for PGOL investors.

  1. Service Limitations: Feedback indicates that customer support is often insufficient, with many users encountering slow response times or lack of availability during trading hours.

  2. Impact on User Experience: This lack of adequate customer support can lead to significant frustration during trading activities, particularly for those who may encounter issues with the platform.

  3. Customer Testimonials:

“...I had to wait days for basic support queries to be resolved.”

Such instances suggest a need for investment in more robust support systems to enhance user experiences.

Account Conditions

"Navigating entry thresholds."

The minimum deposit and account conditions at PGOL can be barriers for entry.

  1. Minimum Deposit Requirements: The initial investment requirement of $500 can be considerable for those looking to make small-scale speculative trades.

  2. Liquidity Issues: As PGOL has historically low trading volumes, this can exacerbate issues with liquidity for investors attempting to execute trades in a timely manner.

  3. Final Summary: The account conditions may deter potential investors who are interested in exploring PGOL's offerings but lack sufficient capital.

In conclusion, Patriot Gold Corp (PGOL) offers high-risk investors a speculative opportunity within the precious metals arena. While it possesses assets with potentially lucrative returns, the associated regulatory, financial, and operational risks cannot be overlooked. Investors contemplating a position in PGOL must engage in thorough due diligence and prepare for a posture that allows for potential volatility and loss.

PGOL review