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Red Lake Madsen Mine Ltd 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

Comment by powermanon Jul 23, 2020 12:43pm
156 Views
Post# 31308538

RE:Frustrating

RE:FrustratingComment - a common saying is "buy low and sell high". Right now gold is high so there might be a little reluctance to buy here and be faced with selling lower. Hence there may be more interest in buying miners on a pullback in gold and gold miners. News of exploration success is what might incentivise more buying as anything that adds value removes some of the nervousness about buying into a high priced market. We have millions at work drilling for new resources in the existing mine and on the lease so when we get news of good results we will get more interest in buying. DF 
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