Red Lake Madsen Mine Ltd LRTNF

RE:Whats the . . .

[Megamister]

I agree and am topping up a bit more. Likely my remembering that management (insiders) recently bought in at $1.52/share as part of the arrangement to secure additional financing is somewhat reassuring me.

A few posts ago, it was mentioned that Eric Sprott with some 47 million shares wasn't getting too excited about the lack of information or the declining share prices ... well quite frankly I wouldn't be to excited either if I got in at the 50-60 cent level with some warrants likely attached.

The issue I have is the "deafening silence" from Pure Gold management at this time.

Personally, I  don't have a fond recollection of the 2017 Rubicon fiasco in Red Lake, where some 600 to 700 million dollars of investors money was used to rush a mine into production only to find that the gold was not there.

There were numerous reasons for the Rubicon screw up and dare I say (emphasize) that Pure Gold is not Rubicon because Pure Gold has done it's homework with its drilling program and it's logically phased approached to the reopening and further development of the former Madsen mine.

That being said, Pure Gold still needs to communicate what the Q2 production results were and whether or not those results were (are) good enough to declare commercialization and the mine becoming cash flow self-sufficient.      

Let's go PGM management and "make this happen" !!!