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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 thelostarcon Feb 24, 2022 1:27am
201 Views
Post# 34456593

Gold moving up

Gold moving upand we are here sitting ducks counting pennies. What a shame.

Shareholders deserve more transparency from the company. We deserve to know the monthly production numbers. No more nonsense... holding back news... providing manipulate metrics such as "gold poured", turning over management... Maryse Belanger may be great but was only acting as general manager for two month.. not even.. like 6 weeks! What can be done in 6 weeks that couldn't be done over the past 12 months? What kind of people are running PGM, all crooks piling their pockets with shareholder dollars.

Our only way out of this mess is for an astute miner to offer a fair price. Maybe that way this deposit will stand a fair chance at being mined properly. Until then, it is the same management show with a different duck at the helm.

We deserve answers about the current state of operations. They offered a PP at 53 cents, basically giving away a part of the company to their friends, whilst the stock price never hit such a low during the closing of the secondary offering. Isn't that odd?

Maryse, big talk about learning about the deposit, turning the operation around.. 6 weeks on the job and steps back to be the Chair of a much larger gold miner. Great commitment.

Frustrating to say the least... to see the mine keep churning through management while the ramp up has yet to be completed.
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