Red Lake Madsen Mine Ltd LRTNF

Now comes the time

[kirk15]

when the POG movements have no impact on this one, now it is a question of survival in a predatory environment. Please remember, retail ALWAYS gets screwed in the end (so to speak), it becomes sandpaper prophylactic time.

[goldlocator]

You have been right all along Kirk. If I had owned a bunch I would have been gone long ago. From having enough to buy a couple new quads at one point I now have enough for a couple tanks of gas for my truck. These guys had to release some good results from this new program and they did not. The only reason IMO is they simply have no good results to release. And we know they had to provide weekly

[Rockormen]

I dont think we need the fairy to show up for to install the gold bc its already there, and loads of it. That is unless everything we have been told about the grades is a lie, which is also a possibility. I think our destiny is in the hands of sprott and other debtholders.. If they find it more beneficial to let pgm go BK and take their assets they will let it happen. If they prefer to get pgm

[goldlocator]

Rockorman    They are thinking of only one thing.....How can we make the most money?  We are not part of any plan. If they were mining any high grade and pouring lots of gold they would have said so. That is the only way the SP goes up.  Rubicon said there was lots of gold too. Then about 80% of it just disappeared.  These guys doing something right or the fairy godmother

[Rockormen]

thats exactly what I meant hence my question what are sprott and the guys thinking? How do they make most money out of this situation (assuming theres loads of gold). Ofc they dont care bout us.

[kirk15]

had I been running Kinross I would have lent $$ in truckloads to PGM with covenants on how the $$ got spent, appointed an overseer to ensure things went as they should. I would have let mngt screw things up and when the debt came due I would have taken the mine = very cheap at the price.

[goldlocator]

Substitute Sprott for Kinross and then this is proceeding as planned.  PGM has to file those weekly reports with Sprott which is similar to your overseer. Just waiting for the default and then Sprott can take it over and sell it to someone. Hard to believe that you could have two major failures in mining so close together both in time and location. Red Lake   The Failure Capital of