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Red Lake Madsen Mine Ltd LRTNF

Metals & Mining Gold
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

Red Lake Madsen Mine Ltd
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Comment by Shylockon Oct 04, 2018 2:04pm
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Post# 28746352

RE:RE:RE:RE:RE:zzzzzzzzzz

RE:RE:RE:RE:RE:zzzzzzzzzzgamer - Yes, right you are. I have studied the Red Lake District extensively, even to the point of going there and inspecting the rocks! The place is absolutely covered in gold. Reminds me of the Pilbara region of Western Australia. I believe that PGM is grossly undervalued right now and that as you say, patience is THE key. We are by all metrics going to see gold break from its gilded cage and when it does, all of these crazily undervalued junior gold explorers are going to rise to heights which would now be considered insane. However, if we look at what happened to the better of them during the gold bull in shares from 1976 to 1981, companies whose shares were selling for pennies rose to dollars, many dollars. Only this time, I believe the leverage is really actually greater. Time will tell but IMHO PGM is a literal steal at this price. Good fortune to all.
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