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 > Pure Gold Mine (TSXV:PGM). Share a more undervalued company

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Post by Maybeweatheron Aug 24, 2022 9:28pm

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Post# 34918692

Pure Gold Mine (TSXV:PGM). Share a more undervalued company

Can not wrap my head around the market pricing PGM at .11 cents a share for the last month.

obviously some bumps in the road and the first half of year has been a disaster. But if we see a cash flow positive 2nd half (which seems likely enough), this thing is going to seriously turn around valuation wise. The current cash Situation is uncomfortable sure but the amount of debt isn't insane by any means, certainly manageable with some actual production.

some one tell me that I'm wrong here am I missing somthing?

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