Value Microcaps Junior Miners

[Bobwins]

PGM.V/LRTNF +.21 to C$2.51

Pure Gold released latest round of drilling results and hit some big holes near surface. 1.2 meters of 1,147gm/tonne gold! Of course, this is the long term goal of Pure Gold. They have over 1 million ozs of reserves and expect to produce 100K oz of gold/yr beginning this December. BUT they also think they have a twin to the original Goldcorp mine that transformed Goldcorp into a billion dollar giant. These drill results are shallow but the real prize at the original Red Lake mine started at 2,000 meters deep. They hit bonanza grade gold and multiplied their production and profits. Production went from 100K to 500K/yr and profits zoomed due to the high grades. Pure is already a very high grade mine with reserves around 9gm/tonne.

https://finance.yahoo.com/news/puregold-intersects-1-147-g-103000551.html