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Red Lake Madsen Mine Ltd LRTNF

Pure Gold Mining Inc is a gold mining company, located in the heart of Red Lake, Ontario, Canada. Its vision is pure and simple, to build a profitable, multi-generational growth company in the world-class gold mining district of Red Lake. With 100%-owned, fully constructed operating PureGold Mine, a multi-million-ounce gold endowment, and significant exploration upside, the company's value-maximizing strategy is to pursue operational excellence, while investing in systematic exploration and phased expansions to fuel discovery and growth for the future.


GREY:LRTNF - Post by User

Bullboard Posts
Post by taylor1988on Sep 25, 2016 7:57am
287 Views
Post# 25275146

Seeking Alpha Article

Seeking Alpha ArticleSeeking Alpha Article

The company's valuation at current levels is confusing to me to say the least. With infrastructure worth $200 million, a deposit with 1.2 million ounces of high-grade gold and an industry leading PEA, I would expect a market capitalization at least twice this size.....


The company is aggressively drilling to add high-grade ounces to their arsenal and potentially increase the size and scale of their current operation. The company's 2016 PEA is one of the most impressive preliminary economic assessment studies I have ever seen....
Bullboard Posts