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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

Comment by Lafajeton Mar 17, 2021 4:46pm
267 Views
Post# 32819170

RE:RE:Sellers know more?

RE:RE:Sellers know more?In current situation, in the phase we are in now, i think the fundamentales are in charge : Production at 80k Oz/Y, 760$ Aic, Mcap 733M$. Share prize reflect this numbers +- What we are waiting for is news about the updated resource estimate, which are in progress, the ramp up to 130K OZ/Y and the Exploration progress, specially about the 8 Zone underground drilling, hopefully at the end of this year. Until then, i think the share price will drift sideways more or less. Patient is needed.
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