Pure Gold Mining Share Discussion Threads

[nigerianprince] 08/7/2020 13:40

Has this mine actually produced anything. What's with the run up. Yes I know its had some good prelims but doesn't mean anything till we see the actual Gold.

[jeanesy] 08/7/2020 08:07

Mind the gap

[richgit] 07/7/2020 15:13

I got my second tranch of 10k Today- Always cash Paid as I never want to be a slave to the vagaries of leverage -albeit it works for some.

Nothing to say at the moment as I am sure you all know of the high grades,
and hugh potential to really expand on the Resource etc etc.

I spent so much time doing all my research on it,and soul searching as to whether
I should simply add to my other Gold/Silver stocks - that the price kept moving.

However- I bit the bullet and decided this was surely too good a stock to overlook
for the longer term.


These days I am circa 50/50 with Vaulted Precious Metals as my longer Term
Security.and a spread of (hopefully) High Quality Gold/Silver stocks,and a few
speculative small stocks for the "potentials" of explosive gains.



GLA

[goodgrief] 07/7/2020 08:44

Darin Labrenz and Rick Rule discuss the upcoming virtual 2020 Sprott Symposiumhttps://sprottmedia.libsyn.com/rick-rule-interviews-darin-labrenz-puregold-mining-inc

[farukequity] 07/7/2020 08:16

1st exploration update right on cue and showing strong results. Loving the predictability. Pretty sure, given their extensive knowledge of the area, they targeted high probability zones to start the exploration news with a bang. Much more to come, PUR's drilling program should keep giving for the next 18 months and when you combine it with production commencing in December and rising gold prices, we are firmly on the (motor)way to $1B market cap and doubling of the share price from here. And it's just this year. I wouldn't be surprised to see the share pricing doubling again mid next year when drilling results from their ultra-high grade zones start landing.

[walter walcarpets] 07/7/2020 07:13

First of many drill results out. Hugely encouraging.

[nimbo1] 07/7/2020 07:10

VANCOUVER, B.C. - Pure Gold Mining Inc. (PGM:TSX-V, LSE:PUR) ("PureGold" or the "Company"), is pleased to announce that underground exploration drilling, initiated in June, has intersected high-grade gold mineralization from both infill and step-out drill holes. Drilling has extended gold mineralization out from planned stopes, has discovered new gold zones that will be integrated into the mine plan, and has confirmed stopes scheduled for near term production.1

good news

[nimbo1] 01/7/2020 08:28

adding here - loving the potential. unless gold tanks this looks excellent

[farukequity] 30/6/2020 22:10

Yet another great interview, thank you Crux team. Wasn't expecting another one so soon, so a pleasant surprise.Refreshing to have not just another reading of a corporate presentation but a proper conversation. Even more pleased to hear that PUR story stacks up under scrutiny and, in fact, keeps getting better. Loved the questions re plans for growing share price / valuation, exactly what I'm interested in as a retail investor. Darin Labrenz comes across very competent, clearly geology is his background & passion. I suspect that Oxygen team is a big force behind investor relations & comms strategy and there seems to be ongoing newsflow lined up for the next 18 months to drive valuation above $1B. Could be interesting to ask about this in the next interview? Perhaps also a question on key risk areas, etc. to scrutinise the investment case?

[callmebwana] 30/6/2020 17:14

Fozzie,I wish you luck with POG, I just did not want to sit around to see what may transpire in the end game in a couple of months time. I will sit it out on the sidelines at the moment.
ATB.

[cruxinvestor] 30/6/2020 17:06

Watch our interview with CEO Darin Labrenz here:

The company is fully funded ($100M) for its aggressive exploration plans, alongside the CAPEX for its flagship PureGold Mine, which will be pouring Gold by the end of the year. Phase 1 is nearing completion, while phase 2 offers a significant gold exploration upside, with possible M&A some way down the road.

It's a fascinating gold mining story with extremely high-grade gold and a sensible phased business model at its core.

Let us know your thoughts!

[fozzie] 30/6/2020 16:48

I decided to hold on and have even added a few more under 26p Cmb, lets see what the next few weeks and months has in store for us. Gold looking very strong and all we knew yesterday is still true at POG.

Still reading up on Oxygen and its other constituent businesses. Is anyone on the board holding any of SunMetals, LibertyGold or DiscoveryMetals?

[callmebwana] 30/6/2020 11:46

After rethinking,I sold all my holding in POG today. I don't like what is happening there. I will sit on the cash now. Profits banked. I started buying there from around 15P.
Ah well, such is the market !!
ATB.

[callmebwana] 30/6/2020 08:47

Guys,we are there to help each other.
Yes POG,I hold and I will hang on there.
At the moment we are in uncharted waters,with all our holdings. Who knows what the market has in store for us !!
Holding X amount in cash is prudent IMO.
GLA and stay safe, we are living in a mad world at the moment.
ATB.

[fozzie] 30/6/2020 08:31

Thanks Cmb, I agree with you that this looks a very strong share to be invested in at the moment, in the words of Mark D 'an easy double'. Shenanigans over at POG this morning, a coup of sorts, good or bad? I could find a nice home for the money here.

[walter walcarpets] 30/6/2020 07:58

cmb: I couldn't remember where I first heard about PUR. It must have been you on the AAZ thread. Much kudos to you sir and much appreciated by me. :-)

[callmebwana] 30/6/2020 06:14

Good morning all.
WW and Fozzie,I mentioned PUR quite a while ago on the AAZ thread. I have been doing top ups over time. You could have bought these for just over 25P in March.
Now will there be a second market crash?
No one knows for sure !! I am sitting on cash and if it does happen PUR will be my first choice to top up again.
I felt if it was good enough for Rick Rule than it was good enough for me.
It is still under the radar and this BB is great for the time being,will it stay that way?
Thank you for your research input guys. Stay safe and never look in the back mirror.
ATB.

[walter walcarpets] 29/6/2020 19:54

Fozzie, if you go to the PUR website, there is a link to the other companies in the oxygen capital family. From memory, they are discovery metals, sun metals and liberty gold, all listed on tsx. Hope that helps.

Link below.

[fozzie] 29/6/2020 19:25

I watched that a month ago but i just watched it again Walter. Mark is quietly very impressive, i just wish i had put a much bigger chunk of money into this venture. I would be keen to learn about the other three companies in the Oxygen stable if anyone has anything to offer?

[walter walcarpets] 29/6/2020 18:33

Interview with industry veteran Rick Rule and Mark O'Dea of Oxygen capital gives some great insights as to how they operate.

[robhammers] 29/6/2020 17:42

Big sells at big discounts only worry

[fozzie] 29/6/2020 17:24

I took the plunge here after Sprott took $15M at i think around 82p, i couldn't believe my luck when i managed to buy at 71 and then 68. I wish Oxygen was a listed company it would be worth bagging a few of those. Thank for all the informative posts Faruk.

[walter walcarpets] 29/6/2020 12:28

fe: Yes, Mark O'Dea is a class operator and one of the main reasons I invested here too. I was thinking of splitting between the 4 (?) Oxygen Capital businesses but decided to stick it all in here.

JB, you're welcome. Lets just hope it plays out as expected. Nice bb atm. No doubt a few numpties will turn up soon enough. GLA

[farukequity] 29/6/2020 11:10

@WW: I have looked at Oxygen closer when researching PUR and was very impressed. One of the many reasons I think PUR is one of those rare opportunities which can transform one's portfolio returns.Interestingly, there is PUR webinar coming up on 8 July, with both CEO and Mark O'Dea, who is one of PUR directors, large shareholder & founder of Oxygen Capital. I am half expecting first exploration update ahead of this webinar but that's only my speculation.

[farukequity] 29/6/2020 10:59

@jb: thanks and delighted to share whatever I've researched about this companyThe chart is looking very good, with a steep rise, consolidation and now rising again. I am expecting another consolidation/pullback at some point and have been keeping some funds aside for a top up. Perhaps around 115p ($2 CAD)?