Pure Gold (OTCPK:LRTNF) is an exploration company developing the Madsen gold project in Ontario, Canada. Since December 2017 I have published two articles on this company, discussing the economics of the project and a few other initiatives enhancing its quality. In my opinion, Madsen is one of the most interesting mining projects in the precious metals sector. For example:
- It's located in a super-safe jurisdiction
- The resource model is based on a reliable, large database
- A future mine may be developed in a few stages - as a result, initial capex is relatively