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Bullboard - Stock Discussion Forum Pure Gold Mining Inc V.PGM.H

Alternate Symbol(s):  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-maximizing strategy is to pursue operational excellence, while investing in systematic exploration and phased expansions to fuel discovery and growth for the future.

The Market Herald Price Sensitive
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Gold update, markets a look ahead, NEX update for PGM$$$$

hi all,  Well we open in the green on the Gold price right now. As we get ready for overseas trading and China starts at 9am tonight.  All Precious metals are looking to move higher! Gold...read more

RE:RE:RE:RE:RE:RE:RE:Sprott Confirmation on asset sales etc.

Replace "initial outlay" with "BID on PGM assets". I can't see AngloGold going higher than 10 cents on the dollar. They can use their CNIL on the common shares to offset gains...read more

RE:RE:RE:RE:RE:RE:Sprott Confirmation on asset sales etc.

I just spotted my mistake before reading your post. I noticed it while playing around with a spreadsheet to see the breakeven price for making the secured and unsecured creditors whole. I incorrectly...read more

RE:RE:RE:RE:RE:Sprott Confirmation on asset sales etc.

Contacting ksv is good advice.  PGM would certainly need to be get north of 200m before common shareholders started to get even a whiff of anything - not sure how you got to 280 exactly? But...read more

RE:RE:RE:RE:Sprott Confirmation on asset sales etc.

UptickHedge - Well said "But it's against all odds when one looks at precedent in CCAA to be too hopeful for common shareholders. This one might be different a bit but maybe not.. Time will...read more

RE:RE:RE:RE:Sprott Confirmation on asset sales etc.

thanx for your opinion, and well said, guess we just wait to see hope for the best,   rate and reply

RE:RE:RE:Sprott Confirmation on asset sales etc.

Shelby no one can answer that... this is court monitored and sprott lending needs its $170 mil or a solid plan to repayment. The company is insolvent. There is no company. Sprott lending runs the...read more

RE:RE:RE:Sprott Confirmation on asset sales etc.

Have no idea... The thing is I believe there can be some shady backroom deals that we'll never hear about..In my opinion, in an honest world it should sell for muliples of where we are sitting now...read more

RE:RE:Sprott Confirmation on asset sales etc.

where do u see the price offer and from who would u think?  rate and reply

RE:Sprott Confirmation on asset sales etc.

Sounds like it's going bto be an "all share purchase"  rate and reply

RE:RE:RE:RE:RE:RE:RE:Pulcan, I recall reading your posts about 6 years ago and

according to this, they are selling to the highest bidder by Feb 21st.... It's all speculation from here... At least it shouldn't drag as long as other proceedings...  rate and reply

RE:Sprott Confirmation on asset sales etc.

this is to much legal jargan , i just want to know the bottom line, how much will we see from this mess  rate and reply

Sprott Confirmation on asset sales etc.

Well ... this is interesting. Will the highest BID win? Will Sprott Lening II get 100 cents on the dollar? I jst answered one of the two questions. [img][/img]  rate and reply

RE:RE:RE:RE:RE:RE:Pulcan, I recall reading your posts about 6 years ago and

Here is the auction schedule from the filing: [img][/img]  rate and reply

RE:RE:RE:RE:RE:Pulcan, I recall reading your posts about 6 years ago and

Shelby2 - PELCAN was right about the sae of PGM assets. When someone posts qulaitative statements, you need to find the quantitative statements i.e. offical documnets. See the asset sales schedule...read more

RE:RE:RE:RE:Pulcan, I recall reading your posts about 6 years ago and

Shelby2 - I wouldn't take CCAA advise from anyone on this forum including me. Call KSV. The KSV has a list of claims against the estate. PGM Creditor List on KSV CCAA Monitor Web Site There is...read more

RE:RE:RE:RE:RE:Pulcan, I recall reading your posts about 6 years ago and

.015 in December...  rate and reply

RE:RE:RE:RE:Pulcan, I recall reading your posts about 6 years ago and

ok pulcan happy new years to u also, ur saying u bought at 0.15 and will exit when it jumps but like to ask if a buyer takes the assets wouldnt we see more then 50c, or will this be bought through BR....read more

RE:RE:RE:Pulcan, I recall reading your posts about 6 years ago and

hi Shelby2,  Happy new year I would think a sale of the entire asset is coming as they showscased last month to potential buyers. Follow the KSV updates.  Just remember we trade on the NEX...read more