Pure Gold Mining Share Discussion Threads

[albert arthur] 22/4/2022 12:53

Might see the other side of the pond wake this up later today...

[albert arthur] 22/4/2022 11:23

Doubled down :) expecting this to moved through to 25p Farley quickly... this is based on the EMA35 being 24.64p

[richgit] 22/4/2022 09:51

The start up problems should never have happened,but then arguably due to
all the nonsense Covid restrictions -they did.

As I am in for for my minimum 5 years,and assuming we get to mine the higher grades
then arguably not much can go wrong at that point,as I daresay the price of Gold will be somewhat beyond $2300.


Many analysts suggest that extraordinarily at Gold $1940-$2000,most Gold stocks
are overall/pro-rata lower valued than 2002.

That shows how an intense Propaganda Programme and obscene Paper Gold manipulations have brainwashed Investors into buying the likes of Netflix et al.


That of course is eventually going to change when Investors realise how they have been lied to in our unpayable debt money printing Matrix,while they intend to freeze and starve us - as Klauss Schwab,Bill Gates,and all the Psychopaths remind us how they believe World Population should be as per the Georgia GuideStones,and how they are trying to bring that to fruition-----now !!.



Have some backup in Vaulted (away from the Banks)Silver and Gold,and a spread
of risk in Gold and Silver stocks,and 20-30% cash ready just in case there is a
Market Collapse,and then buy buy buy- chosen Gold and silver miners at their panic sold Bargains before they then rise beyond belief.


.


IMHO.

[atlantic57] 22/4/2022 09:05

Each to their own decisions is a good quote .

Personally I want to see some hard evidence in the numbers .

[hubs] 22/4/2022 08:49

mmm, not a lot of breathing room, and at least $45m still required. Hints this may be financed rather than a straightforward placing...spirals come to mind...not convinced personally yet.

[walter walcarpets] 22/4/2022 08:09

Good update IMO. It gives them breathing room to get things turned around. Mark O'Dea needs to restore his reputation and will be highly motivated to turn the ship around.

[jnbrw] 22/4/2022 07:56

All depends on the price we are diluted at. Think they said last time they need 50 million for the second fundraising

[jnbrw] 22/4/2022 07:55

Immediate fundraise needed (by may) for 5m (equity) then the bigger one that was required after - no certainty it can be raised to summarize. So loads of dilution for shareholders if we are lucky.

[richgit] 21/4/2022 14:24

On two days recently in Canada there were volumes of 6 Million+ shares.
On that second day the stock ended positive.

The short interest on the TSX went from 3 million in mid-March to 6 million by
the end of March and may have increased since + there are still those *astards
that naked short via the OTC.


Any definingly positive news getting leaked - just may provide a short squeeze.


Sprott will most surely,one way or another,want this Company to succeed,as
they know the incredible potentials of Zone 8 etc etc


For Myself-- I will decide to buy more hopefully when,they are telling us they
are to getting to cash flow positive.


As there will be an updated resource later in the year,I just may miss some fun

but then as my Investment is currently way down,I have plenty of time to buy more


Hopefully - plenty of time !!!!


Each to their own decisions.

[tnt99] 20/4/2022 19:06

Seems someone Nows they might have got another loan based on the great drill results and new management in place news soon?

[hjfe] 19/4/2022 14:47

This opened 10% up in Toronto at 2.30pm BST, so looking good for a further rise this afternoon.

[richgit] 19/4/2022 12:38

What went wrong -Covid lockdowns etc;



I researched this stock for weeks - from Feasiblity and just about everything,so never imagined a start up Disaster of such proportion.


I didn`t like the valuation I bought in at but on a Five year view I reckoned
Zone8 would be something to behold,and arguably had to be partly valued ,as I have never Held a Gold stock with such Phenomenal grades,that seem to go higher,the deeper they drill.


Darin Labrenz,always suggested there were circa 5 Million ounces overall- already.


Just a reminder of zone 8 where there are already grades as high as-4.3metres at 460g/Tonne + 5 metres at 341 g/Tonne and generally conservatively believed to be at least potentially producing at 16gm/Tonne from zone 8 (possibly year 3).


I cannot see this not getting funded,and assuming they do,it is down to
the problems admitted in the above video being successfully put right.


I daresay this stock has been shorted to death,(particularly in Canada )but then nothing can be assumed
until some defining news.


If Sprott backs it He will obviously want His pound of flesh.


For now I will have to dream of Zone 8 and Gold $3000+,and pray we get the chance
to live that dream.

[robertstronghand] 19/4/2022 11:49

I hope those still in get something back, Anglo would be the only ones who would have an interest in bidding before bankruptcy.

[katsy] 19/4/2022 11:38

Difficult to call this, is this just a DCB maybe due to shorts closing! I know TSX went up a lot yesterday but that could be the same thing. Have they sorted the finance out? Maybe that'll be announced 1 hour pre TSX open.

[walter walcarpets] 19/4/2022 09:50

Taken a few this morning.

[atlantic57] 19/4/2022 07:01

Suggests pumping ahead of financing details.

[loafofbread] 19/4/2022 00:15

Good volume and decent increase so assume leak for todays semi positive RNS?

[kickingking] 18/4/2022 18:46

Pure up 30% in Canada. Hopefully UK follows tomorrow

[atlantic57] 18/4/2022 18:26

A three month old interview with a senior executive of pure gold

[atlantic57] 18/4/2022 11:29

Powered thanks for posting that.I have listened to it.

I prefer the analysis provided by posters like Polaris which look at market capitalisation and debt.

Of Course if gold rockets and or they solve their production problems ,from these levels if the Company survives then the share price could recover.

The you tuber does not provide any serious analysis .Nor do I see that management have provided real grounds for hope.

[powereddrones] 18/4/2022 10:31

Here's another video from a youtube commentator - don't follow tips from youtubers blindly. Do your own research as always.



Glimmer of HOPE for PURE GOLD MINING -- 28 Mar 2022

[atlantic57] 18/4/2022 08:27

Mentioned on shareprophets very very negative summary.

[powereddrones] 15/4/2022 20:20

I came across this after reviewing that video. This maybe of interest. We can learn a lot from what we have seen.



"Pure Gold Mining (PGM) Stock: Another Mining Disaster
I've been introduced to Pure Gold Mining and #PGM stock. You already know how I hate mining stock. But can this company change my mind?"

[powereddrones] 15/4/2022 20:12

^I was looking for their tik tok dance covid video, but of course they didn't do one, which would have been a probable red flag.

"Dream No Small Dreams"

But I did come across the very high production quality (4K resolution, professional drone/filming, voice over etc) promo video released in November 2020 right near the peak of the share price. That might have been a little warning, but who knows.