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Bullboard - Stock Discussion Forum 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... see more

GREY:LRTNF - Post Discussion

Red Lake Madsen Mine Ltd > Plus an additional 30M to Ashanti also @53 cents
View:
Post by goldanalyst on Jan 27, 2022 7:43am

Plus an additional 30M to Ashanti also @53 cents

I expected another financing after this one.....but time will tell if they'll need another ....considering this one is quite large...kind of sucks to be a long suffering shareholder....however longer term having ashanti as a large shareholder (19.9%) likely means we won't be going under anytime soon.


GLTA

Comment by Scanner454 on Jan 27, 2022 7:57am
them clients of national bank that bought in at 1.05 and eric sprott dropping 20mi. at 1.18 sure cannnot be to happy today........big money pit in this hole
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