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Red Lake Madsen Mine Ltd V.PGM.H


Primary Symbol: 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.


GREY:LRTNF - Post by User

Post by pulcanon Mar 21, 2023 6:58pm
234 Views
Post# 35352482

Pure Gold update, new website management and March 30th

Pure Gold update, new website management and March 30thhi all,  crazy day in the markets as the fake news on how the Banking system is getting better or whatever.  The fact is get ready for Wednesday and watch everything from GOLD, Silver, Bitcoin, Nasdaq or even Copper....whatever....The most important post is some of you need to read the news on what is being stated on the latest update on the departure. The news talked about the court approval on March 30th for our new team to take on Pure Gold. So please make sure you read the news and stay on top of what is being said. See the link from the site....and also i have the paragraph just to help those see the facts.  https://www.puregoldmining.ca/puregold-announces-management-departures/  below is the section on the news...

The above noted departures are taking place in consultation with the Company’s senior lender, a fund managed by Sprott Resource Lending Corp. (“Sprott”) and the court appointed Monitor in the ongoing Companies’ Creditors Arrangement Act (“CCAA”) proceedings, KSV Restructuring Inc. (“KSV”). The departures are being made in connection with an application scheduled to be heard on March 30, 2023 in the ongoing CCAA proceedings in which the Company will be seeking to appoint a Chief Administrative Officer (“CAO”). Mr. Haubrich, Ms. Kates, and Mr. Smerchanski have agreed to continue to provide support beyond their termination dates to the Company in a consulting capacity, as needed. The members of the Board of Directors have each indicated an intention to resign after the court appointment of the CAO.

now see the link as the website is update with our new team and glad to see Chris is with us as he used to work for SRK who is now working on the scopying study....Its a win!!  there is Chris and Ashley so we will be trading soon next week. see the link....
https://www.puregoldmining.ca/our-people/management-team/

Now as for the markets all i can say is i hope Jerome Powell doesn't do another .50 bassis point or do nothing at all. This market can take a severe dump on all areas of your investment.  Be very worried and be very ready for Wednesday.  

see the latest video from Gregory Mannarino...

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