Red Lake Madsen Mine Ltd LRTNF

Latest update, PGM in April and NEX listing

[pulcan]

hi all, We have an updated website now for Pure Gold and no more Mark O'Dea and his team. See link to site for all your contact info....https://www.puregoldmining.ca/contact-us/ the site even states we love to hear form you!!We are still listed on the NEX and you can check it out anytime you want. The fact is in Q2 the NEX has a maintenance fee of $1250 and that cost is on the first day of business. So April 3rd Pure Gold Mining will be charged this amount. If they did not want to pay it we would have been delisted already!!  So the good news is we are haulted for today as the directors say goodbye. Also in April we now start the sale of our mine and whatever happens i own shares at rock bottom prices back in December at .015 cents. Rememeber we were haulted for not having a direct contact for the company. Thats it, and our shares are listed and ready whenever the new company makes an offer. So for now the cost of the NEX is $1250 and i hope Pure Gold did not miss a payment or we would have already been advised just like they did with the London exchange. Even if we delist for this reason we are given a grace period.  Regardless our mine is now on the verge of a sale and shares offering is in the books!  for now see the costing....How much are NEX listing fees?

 

NEX charges a single quarterly listing maintenance fee of $1,250, payable on the first business day of each quarter.Jun 23, 2022   

[shelby2]

wowwww Thanx Pulcan for explaining this, feeling a bit better hearing we will still trade and hope to see an offer soon, just hope its a fair offer not just a debt payout to sprott

[EvilPelican]

Thanks Pulcan....as for the rest of u in your face haters.  Go evil go evil go evil .......its ur birthday get busy woop woop woop.

[scuba2223]

Same old same old. This will never try again! Facethe truth...

[Reid101]

The main page now has a direct link to employment inquiries...

[EvilPelican]

Scuba go apply for a job and get us the inside scoop.  Get some good knee pads you'll go up the ranks quick.

[scuba2223]

The party is over, the lights have been turned off and you still believe all is well. Let me tell you how much you will recoup here ZERO

[Reid101]

Is this trading in the US or something??

[EvilPelican]

Nope but it should be back on the venture exchange tsxv Monday.  In theory,  Scuba has a different theory mainly that we are doomed the world is flat the moon landing never happened you know stuff like that.

[scuba2223]

It ain't going to happen. Mark this post. Monday you will have a different excuse. Your money is gone down the toilet mate.

[jake12116]

I predict PGM will be the company running the mine at Red lake , however new group of people directing  The shares will remain in tact , price I'm not sure about , 

[shelby2]

now Jake thats a prediction i like to see, hope it comes about

[EvilPelican]

I predict 1 dollar 9 cent share price by the end of the year.  EvilPelican has spoken.

[jake12116]

Him , Anglo & O'Dea are not tax RO 200 million shares, seems smarter to get value for there shares 

[shelby2]

jake what  are u saying RO ? dont understand

[jake12116]

I'm sorry was in a hurry  write off ,, lol

[shelby2]

thanx jake, but gotta wonder where is anglo ? are they still with sprott? did they drop out also? sure hope this can stay together with a new owner and move forward with everyone keeping thier shares

[Reid101]

I had hopes they were gonna to play a big part in this . Now I believe it's more likely they are suing them

[Reid101]

Trading will be suspended on Tuesday. How long can a stock be suspended before its delisted ?

[jake12116]

Googled that says , SEC can suspend up to 10 days 

[jake12116]

Half up to 15 days , however I believe they are for different reasons 

[jake12116]

Half up to 15 days 

[jake12116]

Fing spell check ,,, halt is up to 15 days 

[shelby2]

jake does this mean no  another 15 days no trading, and   could it trade after that or be delisted which would mean no deal and BR hope im wrong

[shelby2]

it looks to me this is from the tsx so not halted on NEX right?

[jake12116]

They appointed Singh , so I feel it will remain intact  questions are the debt solution and how it will effect the shares , trying to keep this process simple &back running the company 

[shelby2]

jake im thinking who come in will pay off sprott inc and maybe other creditors  plus a couple mill cash and eric sprott loan he made with pgm will remain and the deal with anglo could remain. shares all stay for now, just my thought

[scuba2223]

I feel your money has been lost. Strong feeling here