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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 givemeabreak1on Apr 12, 2021 4:57pm
276 Views
Post# 32981888

RE:RE:RE:More red for PGM

RE:RE:RE:More red for PGMScanner
No wonder the market has got it right priced now.  It ran up way too much and was obsenely priced in coparison even to the large cap producers.  It is now at a similar level as other small and mid tier producers with possibly better potential if they can start performing.  It is really nice high grade mine but sometimes there is too much excitement about grade.  Some mines need 2 gpt to break even on their underground mines.  This one needs close to 5 gpt so they need to stay on track!  Might make for a nice entry around this level if you see gold moving higher and them doing what they have to do!  
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