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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 pulcanon Mar 22, 2023 7:22am
404 Views
Post# 35353016

Latest Mine updates , you can count on the Federal Reserve?

Latest Mine updates , you can count on the Federal Reserve?hi all, well you can count First Majestic out of my last post from the weekend. They are in trouble with Jerrit Canyon mine.  They shut it down and that is not good news as i hoped this would have been the miner with First Mining to take on Pure Gold. However see the link to the news......https://www.firstmajestic.com/investors/news-releases/first-majestic-temporarily-suspends-mining-activities-at-jerritt-canyon-20230320 so they suspended the Jerritt Canyon mine and that is shocking as the Gold price i believe is in the range!! The cost to produce gold is too high.  So, that leaves me to one more Gold Miner and i hope this company takes it on. They are Canadian 100%, in Ontario and Quebec and they have been around forever! Before i post i want to check some areas and review this one more time. I hope that this is going to be a good choice. So stay calm as we now get ready for the biggest move from the Federal Reserve.  All i can say we either go up or down today. So i do not want to make any predictions as this entire banking system is so unbelievable and GOLD is reacting in a way that is just mind blowing why we are not at $2500 an ounce already or even $3000???  whatever..  for now the biggest thing is our BIDS are starting to expire on the low .01 cent to .005 cents and volume is drying up in this range thanks to the hault. With our new team now coming into our leadership next week.  so hang in there and watch the news this afternoon on the Federal Reserve.  see below the latest BID vs ASK on Pure Gold...

Back in December we used to be in the 20million bids and more than 60% has been deleted....

Level 2 Quote

Level two quotes - Bid
Number of Shares Bid Price
 
30,000 shares
30,000 0.015
 
7,372,000 shares
7,372,000 0.010
 
8,928,000 shares
8,928,000 0.005
Level two quotes - Ask
Ask Price Number of Shares
0.015 3,664,000
 
3,664,000 shares
0.020 4,352,000
 
4,352,000 shares
0.025 1,481,000
 
1,481,000 shares
0.030 193,000
 
193,000 shares
0.035 198,000
 
198,000 shares
0.040 7,000
 
7,000 shares
0.045 46,000
 
46,000 shares
0.050 26,000
 
26,000 shares
0.055 10,000
 
10,000 shares
0.070 23,000

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