Red Lake Madsen Mine Ltd LRTNF

Who holds a bear case

[Tubes101]

Who on Stockhouse holds a bear case for PGM and why?

Currenty 2.3million active short positons. 

Thanks

[flashcash]

It is most likely from those close to the action, workers and those who are close to the ground in Pure Gold mining, they best know the time frames there. Canada is run like a crime family....lol.

[Scanner454]

why would you say that and what is the evidence for your supposition?...

[Tubes101]

You mean why would i ask this, Well sellers are shorting, i would like to know the short thesis they have invested in.  Im long and have been invested a long long time but I would like to hear the bear cases agaisnt PGM. 

[porc2019]

The bear case is very simple: A) PGM will with not insignificant probability NOT get into commercial pr In this case it either goes to 0 or sig. lower due to lower grades. B) Even if they get into commercial production at promised grades 8 zone is overhyped so limited upside.

[flashcash]

I don't think I am far from the mark IMO. If you work for the company you would know a hell of a lot more than you or me and it would be very easy for that info to get to the shorters ears. IMO it will come good but it's painful to watch as a LTH as I am, a 5 year horizon and we could see a 5 fold increase IMO.

[Megamister]

I'm going to be in the Red Lake area in August. Maybe I should buy a couple of the PGM miners a few pops at the Howey Bay and get the real scoop as to what's "really" going on at the "re-tooled" Madsen mine.  Nothing like hearing it from the miners themselves versus hearing it from some "polished" manager of investor relations.  Telling us about

[Scanner454]

while there,if your time allows take the short 9 mile or so drive to the little hamlet of madsen and see first hand the site of the mine .... 

[CanadianAnimal]

I thought about going that way fishing for a couple weeks and do the same thing. What the heck I get a fishing trip out of it too.