Red Lake Madsen Mine Ltd LRTNF

Rough day

[timjim0417]

Will be interesting to see how low this goes. Tempting to buy some more but I am going to wait until we hit the bottom.

[goldanalyst]

They're burning through a lot of cash at present and are unprofitable even with gold @$1750 You are wise it seems to wait because they will almost certainly have to come to market for more money in the very near term. High risk/High reward with PGM even if they are successful re: timelines on 8-Zone

[Scanner454]

true, and ir will tell you that they have enough cash to hit the mother lode....two companies who have been in previous deals are now rating the company as a buy....this is a brutual game the big boys play as little retail gets rattled imho

[Welchspring]

For those of us who have been around for a long time have learned to take buy rates with a grain of salt. Do not trust financial firms. Do your own homework

[flashcash]

Small correction For those of us who have been around for a long time have learned to take 'directors' words with a grain of salt. Do not trust them...

[Stevoo]

If what they wrote it's ''true'',   it's false your comment !  1750$  is the highest aisc they can get.  With time, in this quarter,  this aisc will go down. So they don't really burn a lot of cash. they are even.  Also, higher grades will be in the process, the fine tune it's done.         &