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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.


GREY:LRTNF - Post by User

Red Lake Madsen Mine Ltd > Top Holders
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Comment by cashtango00on Oct 26, 2022 10:38am
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Post# 35049567

RE:RE:RE:RE:RE:RE:Top Holders

RE:RE:RE:RE:RE:RE:Top Holdersnot sure why you think it's unusual.  block holders/institutional money know what's happening and aren't buying/ putting up financing until they clean up the corporate structure if at all.   If a block holder saw any value, they would be buying hand over fist, they aren't.  The company knows they aren't getting financing.  They have begged for months and got nowhere.  That's why the mine was taken offline.  Putting a mine on care and maintenance is a pretty big deal and it's expensive.   It was the only thing they could do.  It's dumb retail money buying, it always is in these cases.
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