Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Oldschool2022on Nov 11, 2022 6:00am
311 Views
Post# 35090647

Gold is up $10 per ounce in overnight trading.

Gold is up $10 per ounce in overnight trading.We have an interesting situation here. Gold is up about 10% this month coming off the bottom of the chart. It looks like it’s going to break out of this trading range. With over 2 million combined ounces in the ground here and a turn key mine every $ gold goes up should add value to the sale price here. If gold continues and can break $2000 per ounce before the sale process closes we could have a bidding war for this premier asset. 
Today trading at .02 per share ( year highs over $1 per share) I’ll be adding to see what happens. All the bad news has been priced in. As speculators start to buy up the cheapies the share price will trend higher. I think we could head towards the .05-.10 price range in the coming weeks. Which would be a 250-500% return from today’s closing prices. Happy trading here cheers.
<< Previous
Bullboard Posts
Next >>