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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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RE:RE:Kaaa Boom

1) A Company ususally applies for CCAA protection when they can't meet their debt obligations and one or more creditors will not ease debt convenants. It is the company, not any creditor, that...read more

Kvsadvisory .com

Read/////////https://www.ksvadvisory.com/docs/default-source/insolvency-case-documents/pure-gold-/ccaa-proceedings/reports/pre-filing-report-of-proposed-monitor-filed-october-31-2022---filed-version...read more

Imagine Lithium Identifies a New Drilling Target Located Near Flagship Jackpot Property

J.C. St-Amour, President of Imagine commented, "This newly discovered area demonstrates the prospectivity of our very large land package. The team is very excited to test this newly identified zone. There is some ground cover in this area, so there is excellent potential for expansion of this dike along strike as well as potential for additional dikes in this area. The grab sample grades suggest it is a well mineralized dike that we intend to drill test in 2023." ...read more

Pgm article

Read story and then click on any underlined words for more stories. ( 4 more stories)////////////'//'https://www.mining.com/puregold-mining-seeks-creditor-protection/  rate and reply

Pgm heads into creditor protection

Read and click on KSV Advisory  then read about PGM insolvency case.////////https://www.northernontariobusiness.com/industry-news/mining/cash-strapped-red-lake-gold-miner-heads-to-creditor...read more

RE:RE:RE:RE:RE:RE:RE:RE:RE:Valuation is super cheap

sounds like a good deal but the burn rate is over 10m and 20m wouldnt last long they be broke again unless they crank up tpd to 1000 and get better head grade and no breakdowns, so not sure  rate and reply

New Press Release - PureGold Obtains CCAA Protection

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, Oct. 31, 2022 (GLOBE NEWSWIRE) -- Pure Gold Mining Inc. (TSX-V:PGM, LSE:PUR) (“PureGold” or the “Company”) announces that it has obtained an Initial Order for creditor...read article.

RE:RE:RE:RE:RE:RE:RE:RE:Valuation is super cheap

Rubicon did a consolidation at 164 for 1 and they had less than 500 million shares out. The only chance left for PGM IMO is someone to find a way to find a way to acquire all those warrants really...read more

RE:RE:RE:RE:RE:RE:RE:Valuation is super cheap

Think all this will go to whomever is owed money. Then consolidated 20:1, then a raise of capital to continue under a new name. Common shareholders wiped out. I would expect a halt shortly. GLTA...read more

RE:Caveat Emptor!!!

Hey Mr NO NO, did you read all my posts?  I first posted on CSTR board when the SP was about $.01, then it shortly went all the way to $.70!!  Yeah, dont listen to me!!!  And BTW I did...read more

Current bid vs ask on all exchanges...

6.3M bids@$,015 vs 5.7M asks@$.02 per quotemedia.com (15min delay)...    rate and reply

RE:Pure Gold Mining Files For Creditor Protection – Despite Rai

ALSO called CCAC...... it could be the END  or the beginning of a new LIFE  rate and reply

RE:Caveat Emptor!!!

Everybody has a right to an opinion. I posted mine. You posted yours.  rate and reply

Caveat Emptor!!!

As per usual, i see that there's never a lack of trolls, pumpers and just plain suspect posters on these forums when a certain "unfortunate event" happens. Dubious folks who go around...read more

RE:RE:RE:RE:RE:RE:Valuation is super cheap

Current market cap. is $14.8 million. The stock is ridiculously undervalued. They have an operating gold mill and a 2 million ounce + deposit! They have all the required permits in place. Its a no...read more

RE:RE:RE:RE:RE:RE:RE:RE:Valuation is super cheap

Ok... so did you get a nice fill @$.015?  rate and reply

RE:RE:RE:RE:RE:RE:RE:Valuation is super cheap

Just putting in a hard days work trying to flip pennies  rate and reply

RE:RE:RE:RE:RE:RE:Valuation is super cheap

Questions for you Penny.... What are you doing luking here? you are obviously not interested in this stock.. what is you objective? What are you trying to accomplish? thanks  rate and reply

RE:RE:RE:RE:RE:Valuation is super cheap

That's because they CAN'T sell. Have fun trading these sardines.  rate and reply

RE:RE:RE:RE:RE:Not halted?

Hey man, I get you. I recently sold a Stock I bought for $400k for $40k @90%. loss. Sh!t happens, we learn to cut our loss sooner on the next one. So long as we win more often than we lose, its all...read more