LRTNF - Pure Gold Mining: Mr. Market Is Wrong
Introduction
In my last article on Pure Gold Mining (LRTNF), I discussed a few near-term catalysts that could boost the company’s share price up. One of these catalysts was an incoming feasibility study ((FS)) for Madsen, Pure Gold’s flagship gold project located in the Red Lake gold camp in Ontario, Canada. On February 11, 2019, the company released the main figures disclosed in this study (a full report should be published later on). To my astonishment, the market reaction was totally negative, pushing Pure Gold share prices down more than 15% (two black