Pure Gold - PGM (Vancouver) LRTNF (U.S. Pinks) has been breaking out this week.

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#1 Fri, Jan 3, 2020 - 11:30am
YukonCornelius
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Pure Gold - PGM (Vancouver) LRTNF (U.S. Pinks) has been breaking out this week.

Eric holds 10%. Red lake Region property. https://www.mining.com/pure-gold-lands-90-million-for-madsen-project/. Also # 1 pick by this guy who made some good calls last year... https://www.youtube.com/watch?v=RnyXKRfQlz0&t=685s

Edited by: YukonCornelius on Jan 3, 2020 - 11:32am
Fri, Jan 3, 2020 - 4:13pm
goldcom
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Pure Gold

Today should have been a good day for miners as gold is up about $19.71 and somehow silver and the HUI lost over 1% off their highs since last night.

However Pure Gold was up nearly 3% and has been a good performer for me.

Jerry G
Thu, Apr 2, 2020 - 8:33pm goldcom
silverseeker
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Timing may be perfect:

Their Madsen Red Lake Mine: Gold Price Sensitivity; now 'off the chart'; seen below- from page 15 of 29 - Dec 2019 presentation:

This project is already fully funded through first Gold pour in December; so near term nCov issues may not materially impact the project timeline; maybe a few months? Most of their press releases quote the 'base-case $1275/ounce gold' IRR... but look at the table above... this mine is going to get acquired...

killing the banker Ponzi one ounce at a time

Sat, May 9, 2020 - 12:47pm
goldcom
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Added 3x more shares this week

Pure Gold is in that period of time approaching before production and first pour when price normally goes up dramatically and I am speculating on just that but also expect Pure Gold to do well in the production phase. Might sell some at or soon after production but will probably keep half going forward for awhile.

Jerry G
Sun, May 10, 2020 - 3:56am
Solsson
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Ankeborg
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This is Jeff Clark's top pick

This is Jeff Clark's top pick 2020-2021. He is a buddy to Mike Maloney who is putting out some very good video lately, Pure Gold has a very bloated stock, but I do not think it's a major problem. Victoria Gold had an even more bloated stock 750million shares and it went from 12c->66c.

A rollback is probably coming when production starts. You can find Jeff Clark and his comments on various miners here

Top 5 Candidates for the Gold & Silver Stock of 2020 - Jeff Clark

and also silver miners

The Coming 2020 SILVER SHOCK: And The 3 Silver Stocks You Must Own

when GSR turned to 130 I swapped my portfolio more towards silver. I think I am currently at 50/50 allocation. I own first majestic, mag silver, silver one, coeur mining, impact silver, endeavour silver, metallic minerals and kootenay silver. With that said we are approaching the top in gold and I think we will get another deflation bust. It's wise to have some dry powder ready to be injected if we get another test of the low.

Mon, Jul 27, 2020 - 11:49am
bruinjoe
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Currently my second largest position is Pure Gold

This is not just a near term play. It's also an exploration play. Management firmly believes they can expand the mine's resource. This management team is one of the best along with the one running Liberty Gold.

Thu, Jul 30, 2020 - 9:53am
Guy Fawkes
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In!

Just took a position on a 5% pullback at the open. Looks very promising :)

Thu, Jul 30, 2020 - 10:36am
silverseeker
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I'm trying to follow Eric's advice with Pure Gold...

Also adding on dips and averaging up on this one. As Eric says; "press your bet on your winners".

IRR is presently well off the charts, (most recent: slide 19 of June 10, 2020 presentation). With the extra $15 M cash they are already tapping holes into the production stopes and hitting high grade extensions; so it is playing out as well as you can imagine.

killing the banker Ponzi one ounce at a time