Yes, "of mine" is a prepositional phrase. It consists of the preposition "of" and the pronoun "mine," functioning together to show possession or relationship.
To show that there has been a change of possession.
I think the of phrase can be much longer than the possessive phrase. Their meanings are the same and they both show possession but the first example that you gave can be longer.
A change of possession is called a Turnover.
An apostrophe is a punctuation mark that is used to indicate possession or to show that letters have been omitted in a contraction. In the phrase "For we are," an apostrophe is not needed as there is no ownership or contraction being shown.
To show possession
The most common way to show possession is with the word "Shel" (של) which means "of". A mother = אם (em) A mother's gum = מסטיק של אם (mastik Shel em) The mother's gum מסטיק של אם (mastik Shel ha'em)
To show possession.
"Is" can function as both a verb and a noun. As a verb, it is used to show existence, identity, or possession. As a noun, "is" can refer to a state or condition, such as in the phrase "the status quo is unacceptable."
"Who'll have" is a contraction for "who will have." It combines the pronoun "who" with the auxiliary verb "will" and the main verb "have" to show ownership or possession in the future.
The name for the ' symbol used to show possession in English is an apostrophe.
They do not show possesstion.