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Pure Gold Mining Inc

www: puregoldmining.ca   email: info@puregoldmining.ca
Category: Junior: Near-term Producer
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Symbol Data

Symbol Currency
CVE:PGM CAD
OTCMKTS:LRTNF USD

Description

Pure Gold Mining Inc are a gold focused junior near-term producer with one exploration property in Canada. They have approximately 2.5Moz. of gold in the reserves and resources category of which 2Moz. are in the measured and indicated category. They have a market capitalisation of ~C$190.23M which is a fall of roughly 6% over the last eight months. As of 07/29/2019 they have no debt and ~C$35.52M cash. They have 365M shares outstanding and trade on the Canadian Venture Exchange and the over-the-counter markets.

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General Details

Financial 07/29/2019
Last
Analysis
Data
Current Data
Change
Item Value Value Updated Value
Mkt. Cap (FD): $203.29M $190.23M 07/29/2019 $-13.06M
Total Assets: $30.37M $28.41M 07/29/2019 $-1.95M
Total Liabilities: $5.52M $5.16M 07/29/2019 $-0.35M
Current Assets: $37.96M $35.52M 07/29/2019 $-2.44M
Current Liabilities: $3.60M $3.37M 07/29/2019 $-0.23M
Total Debt: $0.00M $0.00M 07/29/2019 $0.00M
Cash: $37.96M $35.52M 07/29/2019 $-2.44M
Enterprise Value: $165.33M $154.71M 11/26/1974 $-10.62M
Cash Flow: $0.00M $0.00M never $0.00M
Cash Flow Multiple: 0.00 0.00 never 0.00
Net Debt to
Cash Flow Ratio:		 n/a n/a never 0.00
Finance within 1 year: Yes Yes 07/29/2019 n/a
Tax Rate: (guess)  30.00% (default)  30.00% 07/29/2019 0.00%
Misc 07/29/2019
Last
Analysis
Data
Current Data
Change
Item Value Value Updated Value
Shares Outstanding: 365,000,000 365,000,000 07/29/2019 0
Shares (FD): 439,000,000 439,000,000 07/29/2019 0
Insider Ownership: n/a 30% 07/29/2019 30%
Company Type: Mostly Gold Mostly Gold never n/a
Production ETA: n/a 01/01/2020 07/29/2019 n/a
Production (Gold Eq Oz.): (guess) 
0		 (guess) 
0		 07/29/2019 0
Production (Silver Eq Oz.): (guess) 
0		 (guess) 
0		 07/29/2019 0
Initial CapEx (Outstanding): $80.00M
39.35% of Mkt.Cap		 $80.00M
42.05% of Mkt.Cap 		07/29/2019 $0.00M
Funding Option: n/a n/a 07/29/2019 n/a
Documentation: none PEA 07/29/2019 n/a
Value Adjustment: 10% 10% never 0%

Resource Data

GOLD 07/29/2019
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: 1.00M 1.00M 07/29/2019 0.00M
Measured & Indicated: 2.00M 2.00M 07/29/2019 0.00M
Inferred: 0.50M 0.50M 07/29/2019 0.00M
Reserves & Resources: 2.50M 2.50M never 0.00M
P
L
A
U
S
I
B
L
E		 Proven & Probable: 0.92M 0.92M 07/29/2019 0.00M
Measured & Indicated: 1.66M 1.66M 07/29/2019 0.00M
Inferred: 0.23M 0.23M 07/29/2019 0.00M
Reserves & Resources: 1.89M 1.89M never 0.00M
C
U
R
R
E
N
T		 Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 07/29/2019 $0.00
Extra Operating Cost: n/a n/a 07/29/2019 $0.00
Average Grade: 8.00 g/t 8.00 g/t 07/29/2019 n/a
Recovery Rate: (CG)  92.00% (CG)  92.00% 07/29/2019 0.00%
F
U
T
U
R
E		 Proven & Probable: 2.00M 2.00M 07/29/2019 0.00M
Annual Production: 100,000oz. 100,000oz. 07/29/2019 0oz.
Cash Cost: $650 $650 07/29/2019 $0
Extra Operating Cost: $400 $400 07/29/2019 $0
SILVER 07/29/2019
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: n/a n/a 07/29/2019 0.00M
Measured & Indicated: n/a n/a 07/29/2019 0.00M
Inferred: n/a n/a 07/29/2019 0.00M
Reserves & Resources: n/a n/a never 0.00M
P
L
A
U
S
I
B
L
E		 Proven & Probable: n/a n/a 07/29/2019 0.00M
Measured & Indicated: n/a n/a 07/29/2019 0.00M
Inferred: n/a n/a 07/29/2019 0.00M
Reserves & Resources: n/a n/a never 0.00M
C
U
R
R
E
N
T		 Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 07/29/2019 $0.00
Extra Operating Cost: n/a n/a 07/29/2019 $0.00
Average Grade: n/a n/a 07/29/2019 n/a
Recovery Rate: n/a n/a 07/29/2019 0.00%
F
U
T
U
R
E		 Proven & Probable: n/a n/a 07/29/2019 0.00M
Annual Production: n/a n/a 07/29/2019 n/a
Cash Cost: n/a n/a 07/29/2019 n/a
Extra Operating Cost: n/a n/a 07/29/2019 n/a

Property

Last Analysis Data  (07/29/2019)
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Exploration Ontario, Canada Madsen 100% (guess) 5,000 n/a show
2 million oz deposit at 8 gpt and growing.

12,000 acres in Red Lake, Ontario
Total Land Package Size (ha): 5,000  
Current Data
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Exploration Ontario, Canada Madsen 100% (guess) 5,000 n/a show
2 million oz deposit at 8 gpt and growing.

12,000 acres in Red Lake, Ontario
Total Land Package Size (ha): 5,000  

Profitability (by resource)

Proven &
Probable		 07/29/2019
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 1.00M 1.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 25.92M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 0.92M 0.92M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 23.85M
Maximum Profit (Gold): $264.37M $406.90M n/a $142.53M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $264.37M $406.90M n/a $142.53M
Max Profit / Current MCap: 1.300 2.139 n/a 0.839
Max Profit Per Share (Gold): $0.60 $0.93 n/a $0.32
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.60 $0.93 n/a $0.32
Total Free Profit Per Share: $0.00 $0.32 n/a $0.32
FD Mkt. Cap / Gold Eq.: $220.97 $206.77 n/a $-14.20
FD Mkt. Cap / Silver Eq.: $2.54 $1.83 n/a $-0.71
FD Mkt. Cap / Per Metal
as % Spot Price:		 15.53% 12.73% n/a -2.80%
Measured &
Indicated		 07/29/2019
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 2.00M 2.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 51.84M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 1.66M 1.66M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 42.92M
Maximum Profit (Gold): $475.87M $732.43M n/a $256.55M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $475.87M $732.43M n/a $256.55M
Max Profit / Current MCap: 2.341 3.850 n/a 1.509
Max Profit Per Share (Gold): $1.08 $1.67 n/a $0.58
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $1.08 $1.67 n/a $0.58
Total Free Profit Per Share: $0.47 $1.06 n/a $0.58
FD Mkt. Cap / Gold Eq.: $122.76 $114.87 n/a $-7.89
FD Mkt. Cap / Silver Eq.: $1.41 $1.02 n/a $-0.39
FD Mkt. Cap / Per Metal
as % Spot Price:		 8.63% 7.07% n/a -1.55%

Reserves &
Resources		 07/29/2019
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 2.50M 2.50M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 64.80M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 1.89M 1.89M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 48.88M
Maximum Profit (Gold): $541.97M $834.16M n/a $292.19M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $541.97M $834.16M n/a $292.19M
Max Profit / Current MCap: 2.666 4.385 n/a 1.719
Max Profit Per Share (Gold): $1.23 $1.90 n/a $0.67
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $1.23 $1.90 n/a $0.67
Total Free Profit Per Share: $0.62 $1.29 n/a $0.67
FD Mkt. Cap / Gold Eq.: $107.79 $100.86 n/a $-6.93
FD Mkt. Cap / Silver Eq.: $1.24 $0.89 n/a $-0.35
FD Mkt. Cap / Per Metal
as % Spot Price:		 7.57% 6.21% n/a -1.36%

Future Valuation (Cash Flow & Totals)

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