Red Lake Madsen Mine Ltd V.PGM

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.

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Red Lake Madsen Mine Ltd > Pure Gold Mining Begins Strategic Review Process, Including

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Comment by goldlocatoron Jul 13, 2022 8:15am

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Post# 34820079

RE:RE:RE:Pure Gold Mining Begins Strategic Review Process, Including

Exactly Kirk. It reminds me of Rubicon in a few ways. All we see now are more options, more debt, more new plans and no gold numbers. My take on that phrase "maximizing shareholder value" is simple. They gave out about 200 million warrants under the first deal. Then there are all those options for guiding the company almost into oblivion. They are really busy working on exactly how they can make certain all of those can be exercised and make money for the holders. There are about 250 million of them so every penny in share price will cost a potential buyer an extra 2.5 million bucks.

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