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Red Lake Madsen Mine Ltd V.PGM.H


Primary Symbol: LRTNF

Metals & Mining Gold
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.


GREY:LRTNF - Post by User

Red Lake Madsen Mine Ltd > Sprott Confirmation on asset sales etc.
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Comment by Sherry35on Jan 08, 2023 5:19pm
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Post# 35209985

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

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 in other investments. This would lower the PGM asset BID on the books so to speak. This would leave some money left over after making the creditors whole.
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