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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 goldlocatoron Nov 15, 2021 8:42am
283 Views
Post# 34126344

numbers

numbersSo the projection is now 600-700 tpd for Q4 but they averaged 685 tpd in Q3 and Q3 included the downtime to install the mill upgrades. Of course maybe it is more word games because they use mill throughput when refering to Q3 and Q4 is production rate. And is the head grade they are refering to the same thing? In Q3 they definitely say mill head grade but eliminate the word mill refering to Q4 and just say head grade. Maybe along with the leaders that RdlBama is suggesting be relieved of their duties, IR should be added to the list.

The ONLY way these guys can ever regain any credibility is putting out a NR that leaves absolutely no doubt that they are comparing the same thing. If management really wants us to know they will put out a NR clarifying that. Nothing less than that is acceptable. It must come directly from managment. No second hand source is reliable.

And still no explanation on those 1800 ounces that magically appeared in August. 
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