GREY:LRTNF - Post by User
Comment by
Maybeweatheron Sep 22, 2022 5:18pm
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Post# 34980250
RE:RE:Pure Gold Mine (TSXV:PGM). Share a more undervalued company
RE:RE:Pure Gold Mine (TSXV:PGM). Share a more undervalued company To speculate further, I foresee Q3 production strong enough to push above 20 cents, 40 mill worth of warrants exercised (0.18c per) will fund the rest of the way to 8 zone/ deeper, better deposits. With the grades that are at the 900 Meter level they are printing money. Market cap ( In my personal opinion only) should touch 500 mill easily inside of 8 months. O'Dea is the real deal in my opinion.
955 Million outstanding (with warrants) shares is abit of a drag and I certainly see that. The fact is when you compare market caps with similar canadian producers you see the potential for a true mutilbagger here.
very excited about this project at rock bottom valuations. Certainly Not financial advice, The risk is obviously still very high with the current cash position.