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.

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Red Lake Madsen Mine Ltd > Breakout!

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Comment by Megamisteron Oct 09, 2021 11:24am

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Post# 33991867

RE:RE:Breakout!

Subsequent to Friday's 10% rise in share price... anticipation is that the share price will be at a minimum of $1.05/share come Tuesday (after the Monday holiday) thus giving support (creedence?) to the recently executed $1.05/share "bought deal offering" and the "non brokered placement".

Key for most investors will be the Sept production results and final numbers for Q3, 2021.

Sept. should be a record production month, beating Aug.'s record number provided PGM processed 6.5 g/t ore (or higher) while milling close to, or better than, 800 tonnes of ore per day and recovery % in the mid to high 90's.

Sense that positive news regarding production results (and other significant accomplishments) will be announced within the coming days.

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A junior copper-gold stock trading at a bargain of monumental proportions