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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 MAZZMEXon Feb 02, 2023 6:00am
383 Views
Post# 35261476

My thoughts on what's going on...

My thoughts on what's going on...I think it's fair to say that anyone who knows where we are at economically in the world right now, with the incoming major crash, new financial system ushering in, central banks buying gold like crazy, especially in the east. The Brics nations working on a new reserve currency Etc.. It couldn't be clearer that in the fairly short term gold will go up huge and it looks like it's starting to happen already. So I don't see how management, insiders or any big finaciers wouldn't be aware of these facts... Big bad news comes shortly after the mines was put on production, blamed on mining lower grades (When they supposedly have what would be high grade mining @around 7g/t )  and all this happens just before Gold starts running up. Then the stock price is quickly crashed down to $.015-.02 and kept there for obvious accumulation and just when the $.02 ask was about to be done with, management announce the London delisting and the ask gets huge again to maintain the trading @$.02, like perfect timing. so my current guess is insiders or outsiders with the help of insiders/management are in the process of stealing this company's gold reserves. Sure makes sense to me. I mean, knowing how much work, how much money and time is neeed to bring a mining operation to this stage only to give up just as it is about to become profitable is at the least  questionable... Of course this is just speculative opinion... What is your take on this?
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