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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Pure Gold Mining Inc. | PUR | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.60 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.60 | 0.60 |
| Top Posts |
|---|
Posted at 06/9/2023 12:44 by kumbuka What do TERN, BIDS, BYOT, PUR, STL and PAL all have in common.All FAILED All ramped by stupid failure MUDBATH |
Posted at 26/7/2022 09:12 by loganair Moneyweek - If I had to pick somewhere to invest, I’d say the smaller producers are much more likely to receive a bid as larger players try and consolidate the sector on the cheap. Pure Gold Mining (LSE: PUR) and Pan African Resources (LSE: PAF) both appear undervalued with growth potential. Pan African also yields 5.5%. |
Posted at 15/6/2022 11:34 by richgit A few Traders got wrong footed by Paper Gold hitsUSA- Consumer- Bust Europe Consumer-Bust and no energy Australia- Facing Bust- No energy Japan- Collapsing The list goes on - so ask yourself what is going to support the useless currencies. There is Gold of course,and when that becomes the awakening ,Gold anything will catch a bid (at some point in the next few months) If PUR have their act together at that point- I know I will buying whatever the Bargain of that time Cash ready. |
Posted at 08/6/2022 15:14 by mufprat Assuming the BOD are finally getting to grips with production, costs etc, 50p doesn't look out of sight this year. AngloGold wouldn't have carried on with their support if this was perceived as a dead duck. Probably for widows and orphans though until improved news flow. However, recent volumes would seem to indicate PUR are seen as worth a punt. |
Posted at 15/4/2022 17:31 by loafofbread Good news.Pure gold has put out a tweet to wish us all Happy Easter. The replies are hilarious, as you would expect. [more proof, if needed, that PUR management don't have a clue!] |
Posted at 13/4/2022 13:22 by polaris I think that Atlantic posted my view a few weeks ago. Narrow vein mining is an art and needs a lot of experience to ensure that you mine the least amount of waste possible. I've posted in CHIP board and MML, who are also a narrow vein gold miner. PUR was always highly valued compared with peers and the actual success in production. The management have made that situation worse with poor PR. Until funding is secured PUR must be considered as highly likely to lose its assets to the holder of major loan. |
Posted at 06/4/2022 19:41 by papillon free stock charts from uk.advfn.comThe chart got it right on PUR. There was a BEARISH DEATH CROSS formed (the 50 day EMA dropping below an already falling 200 day EMA) on the chart back in March 2021. The chart has stayed bearish ever since. Even back in the summer of 2021 following the BoD share purchases the share price never closed above the 200 day EMA. I must add that I got lucky when I sold my small holding in PUR not long before the recent bad news, on further funding if the company was to survive, was announced. I wanted to buy more shares in XTR so that meant selling my PUR shares. However if I'd have taken notice of the PUR chart I'd have never bought them, early this year, in the first place! Luckily I reckon I just about broke even after commission costs. |
Posted at 28/3/2022 21:57 by papillon Try GPM, swallowsflysouth. It's an investment trust that invests in junior precious metals miners, predominantly gold miners. It does have a shareholding in Pure Gold, but it's only one of 62 shareholdings in it's portfolio.Alternatively try GDX and GDXJ. ETF's that invest in large gold miners and junior gold miners respectively. Both of these are quoted in USD. atlantic57 is invested in GPM. Up until last week I had a small shareholding in PUR, but fortunately I sold to put the proceeds in XTR. That might not be a wise move on my part because I now have almost all my investment eggs in one basket; namely XTR. Only time will tell me if I've gambled wisely, or not. |
Posted at 28/3/2022 10:32 by the count of monte_cristo Tnt99, to answer all your questions to me, I sold last week at 42p and moved into GLR. PUR wasn't moving the way it should have been doing and reacting like I expected, so I sold, took a small loss and moved on. Hope that answers your various questions to me. Some stocks are winners, some are losers. You pay your money and take your chances, but they are all down to you and your own responsibility.Classic case of how a gold company, during a period of very strong gold prices, may default and go under. Sprott now have this over a barrel. Let's see if Rick Rule and his "If you can't handle a 50% loss in a stock then you shouldn't invest" will still wish to fund PUR. |
Posted at 09/9/2021 09:25 by richgit Atlantic57I somewhat doubt that anyone buying into PUR for the phenominal potentials of growth -deeper and deeper down- will lose Money over the years to come. I bought in for the huge potentials of zone 8 etc,and a Company that could offer dreams all the way into the stair steps upwards of the Gold price,and potentially achieve a $Multi-Billion Market Cap.(bar colossal mishap) Just a snippet of what is partly known-and yet how many Junior Gold stocks can offer this. In over 30 years of Buying Gold stocks,and many that became true Multi-Baggers, I can confirm the obvious -that if you bought and sold at the wrong time you would needlessly have lost a lot of money. ( all things being equal ) "We’ve only just scratched the surface In less than 6 years, PureGold has defined a 2.1-million-ounce Indicated Resource (7.2Mt at 8.9 g/t gold) and a 0.5-million-ounce Inferred Resource (1.9Mt at 7.7g/t gold). Mineral resources are inclusive of Probable Mineral Reserves of 1 million ounces of gold grading 9g/t.1 And we’ve only just begun. Most notably, PureGold has yet to expand its exploration and drilling program to depth. Why? Because we’ve had so much success increasing the size and scale of the gold system outside of our Phase One mine footprint all along our 7-kilometre-long Gold Corridor. And yet, a single high-grade pierce point anchors the deposit at a depth of approximately 2 kilometres, with similar geology to the main deposit, showcasing our belief that there is significant potential to expand the high-grade gold deposit to depth. And we know that gold deposits like this often continue down for kilometres underground.7 The Red Lake Mine Complex to the north of us is currently being mined at approximately twice the depth (2.5 kilometres) of our established gold reserves.8 Highly-focused exploration and expansion drilling will be ongoing along our 7-kilometre-long by half-a-kilometre-wid The “8 Zone” – Our High Grade Zone One area of our 7-kilometre-long high-grade Gold Corridor that the PureGold team is particularly excited about is the “8 Zone”, which is located approximately one kilometre underground. In terms of its geometry, the 8 Zone is wide-open, up-and-down plunge, and is characterized by very high-grade gold intercepts such as 466.0g/t gold over 4.3 metres and 342.4g/t gold over 5.5 metres.9 Some historic assays ran into the kilograms of gold per tonne of ore. We have a drill hole up-plunge (i.e., above the 8 Zone) that supports continuity of the gold system between surface and the 8 Zone.12 We believe our 8 Zone is geologically similar to the famous High Grade Zone at the Red Lake Mine Complex, which transformed the fortunes of Goldcorp in the early 2000s.8 Notably, the very first outside investor to support PureGold’s entry into Red Lake was Goldcorp founder and CEO, Rob McEwen. Eric Sprott, another of our cornerstone investors, says that PureGold reminds him of another gold company in which he was a key strategic investor, Kirkland Lake Gold. Similar to Goldcorp, Kirkland Lake Gold was transformed after it made two high-grade discoveries – one at its Macassa mine in Canada, and another at Fosterville in Australia.10,11 The ultra-high grade hits in the 8 Zone remind me a lot of the High Grade Zone that built Goldcorp, as well as SMC at Macassa and the Swan Zone at Fosterville. These are the types of discoveries that have the potential to be company makers, and tend to lead to a much higher production profile than originally given credit.11 – Mr. Eric Sprott " Each Investor has to make their own decisions,as to when is a stock valuation a bargain to further buy and hold,as the hindsight of a stock going from 60p to £10,is regrettably a useless hindsight,that needs the decisions of foresight. Like the ludicrous rise in values of Classic Cars etc,everything Gold will rise in value at some point,as more and more People try to escape worthless currency- but Gold will outlive Classic Cars,Mario Cards,and much more. IMHO |
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