Pure Gold MiningNow they have achieved commercial production and in an environment of rising gold prices, the PUR stock price is looking to breakout of a downward pointing wedge technical pattern.
This is a good buying opportunity.
Puregoldmining
Pure Gold Mining, Bullish Swing Trade!1SUMMARY
Pure Gold is a growth company, located in the very heart of Red Lake. Pure Gold’s largest shareholders include three global gold leaders and visionaries. Eric Sprott, AngloGold Ashanti and Newmont, the largest gold producer in the world.
Our leadership and management teams have deep roots and experience in the geology of the Red Lake gold district, and direct hands-on experience from years of on-site exploring, mining, and producing high-grade gold in this area.
Our Mandate.
Our mandate is pure and simple. To dream big. To draw outside the lines. To use smart science and disciplined creativity to exponentially increase the size and scale of our high-grade gold assets along Pure Gold’s 100%-owned property – historically the second-largest gold-producing property in the Red Lake District.
Our Objective.
Our objective is also pure and simple. To develop a highly-profitable long-life gold mining company in the heart of Red Lake, becoming Canada’s next iconic gold producer.
Our Phased Growth Strategy.
Our growth strategy is very disciplined, very methodical, and financially sound. To expand organically, and develop Pure Gold’s multi-million-ounce high-grade gold asset incrementally, step-by-step, using a Phased mining development plan to deliver maximum profitability.
Our Long-Term Vision.
Red Lake gold systems have deep roots. Our aggressive exploration program is designed to generate exponential growth in the size and scale of our multi-million-ounce gold asset over time, by systematically drilling beneath and adjacent to our existing reserves. We expect to be mining here for a long time.
Our Discovery and Growth Engine
Pure Gold has defined a 2.1-million-ounce Indicated Resource, and a 0.5-million-ounce Inferred Resource at the PureGold Mine. Mineral resources are inclusive of Probable Mineral Reserves of 1 million ounces of gold grading 9 g/t. 1,6
We believe this is just the tip of the iceberg...
Want to know more visit their webside: www.puregoldmining.ca
I am biased I own shares. Do your own due diligence. Trade safe, be well :)
