Red Lake Madsen Mine Ltd LRTNF

Could PGM go belly up?

[porc2019]

A rubicon 2.0 with lower grades and higher costs than projected in FS?

[ViperX]

I really pity you. Have read some of your long negative rants on CEO and was glad you´ve not contaminated this board. But now you have since a short while back. You must either be a paid basher or a total whackjob. What else can explain your long hours bashing PGM and others? PGM go belly up? Haha. Anyhow, a small thx is in place. Picking up shares nervous nellies sell to me will serve my

[goldlocator]

There is absolutely no comparison between Rubicon and Pure Gold. Rubicon had an initial plan of 1250 tpd and was fully funded and permitted for that. After Adamson left the new CEO tossed all of that and moved forward with a plan that was neither funded or permitted and given the Grassy court case it had zero chance of getting permits for the 1900 tpd. It was the MOECC that shut down Rubicon and

[Megamister]

Goldlocator... I agree wholeheartedly that PGM is NOT  Rubicon 2.0.  However I do not believe, as you suggest, Rubicon's shutdown of operations was solely a permitting issue. "Shortly after mine startup and due to "an erroneous resource calculation", gold estimates for the Phoenix mine dropped (were adjusted) from 3.3 million oz of gold to 413,000 oz of gold. This

[goldlocator]

Megamister.....good that we agree on PGM. Not a Rubicon and way better managed. Here is a portion of the rubicon NR of Oct 5 TORONTO, Ontario – Rubicon Minerals Corporation (TSX: RMX | NYSE-MKT: RBY) (“Rubicon” or the “Company”) has been ordered by the Ministry of Environment and Climate Change (“MOECC”) on September 30, 2015 to temporarily suspend mill operations at the Phoenix Gold Project