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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

Post by porc2019on Oct 30, 2021 7:00pm
272 Views
Post# 34069240

Ounces poured number in August = misleading tactic

Ounces poured number in August = misleading tactic
They deliberately mislead investors by releasing the ounces poured number but not the ounces produced. They wanted investors to think it was the same as the ounces produced but ounces produced on August was way lower than ounces poured. Very unethical stuff by management. 

Then they release the q3 report without the ounces produced in September, to hide the fact that they misled in August. Which failed partially. Some people still havent understood that ounces poured /= ounces produced. 

These guys are boarderline hucksters. 
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