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LRTNF - Pure Gold Derisks Nevada Gold Juniors Drop And Why It's Imperative To Use Stops
Pure Gold Mining Inc
It's been a quieter week in the gold sector with less important headline news, but I'd be remiss in not mentioning the positive news out of Pure Gold Mining (LRTNF) last week. The company has secured a $90 million financing package with Sprott Resource Lending and has now made a construction decision for their project. The company is fully-funded for construction as well as for growth strategies to continue drilling, and this has significantly de-risked the project and removed the financing uncertainty. Elsewhere in the sector, the Nevada juniors can't seem to catch