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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 thelostarcon Feb 11, 2022 4:54pm
197 Views
Post# 34421986

RE:Failure is not an option -

RE:Failure is not an option -Well, let's see what happens here. 

Anglo is in the driving seat. They can make any offer they want and take the company. When mines are under a duress situations, as we have been with the puregold mine, it is rare that other offers will surface. But should we get news of a turnaround, of being able to climb out of the whole, things will be a whole lot better! 

At this point, it would be great to see the numbers, to see the January production results and in a few weeks, the February productions results. We don't know if things are actually getting better in terms of stoping sequence and dilution until we see hard, cold numbers.

If Anglo offers anything less than $1, it is theft. I sure hope a white night will come out to rescue us at that point. Perhaps Evolution will want to consolidate Red Lake... $1.50?
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