Red Lake Madsen Mine Ltd 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 > HUH???

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Comment by goldlocatoron Oct 24, 2022 1:23pm

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Post# 35044179

RE:RE:RE:RE:RE:RE:RE:HUH???

Exactly the way I see it Cash. No incentive for Spott to lend more $$$. So they have to find someone else. But is anyone really going to loan more money out when they are not at the top of the foreclosure food chain if it still does not work? Hard to believe that would happen unless a lender was getting a huge interest in the company AND control while only risking a small amount of capital at a time....enough to meet debt payments.

Just another failure at Red Lake.

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