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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
LON:PUR GBX
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 3Moz. 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$670M which is a fall of roughly 7% over the last three weeks. As of 07/26/2020 they have ~C$49M debt and ~C$67.97M cash. They have 385M shares outstanding and trade on the London Stock Exchange, the Canadian Venture Exchange and the over-the-counter markets.

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General Details

Financial 07/26/2020
Last
Analysis
Data
Current Data
Change
Item Value Value Updated Value
Mkt. Cap (FD): $720.77M $670.00M 07/26/2020 $-50.77M
Total Assets: $126.66M $128.39M 07/26/2020 $1.73M
Total Liabilities: $60.35M $61.17M 07/26/2020 $0.82M
Current Assets: $67.06M $67.97M 07/26/2020 $0.91M
Current Liabilities: $8.94M $9.06M 07/26/2020 $0.12M
Total Debt: $48.43M $49.09M 07/26/2020 $0.66M
Cash: $67.06M $67.97M 07/26/2020 $0.91M
Enterprise Value: $702.15M $651.12M 08/19/1990 $-51.02M
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 07/26/2020 n/a
Tax Rate: (guess)  30.00% (default)  30.00% 07/26/2020 0.00%
Misc 07/26/2020
Last
Analysis
Data
Current Data
Change
Item Value Value Updated Value
Shares Outstanding: 384,935,000 384,935,000 07/26/2020 0
Shares (FD): 445,800,000 445,800,000 07/26/2020 0
Insider Ownership: n/a 30% 07/26/2020 30%
Company Type: Mostly Gold Mostly Gold never n/a
Production ETA: n/a 01/01/2020 07/26/2020 n/a
Production (Gold Eq Oz.): (guess) 
0		 (guess) 
0		 07/26/2020 0
Production (Silver Eq Oz.): (guess) 
0		 (guess) 
0		 07/26/2020 0
Initial CapEx (Outstanding): $80.00M
11.1% of Mkt.Cap		 $80.00M
11.94% of Mkt.Cap 		07/26/2020 $0.00M
Funding Option: n/a n/a 07/26/2020 n/a
Documentation: none PEA 07/26/2020 n/a
Value Adjustment: 50% 50% never 0%

Resource Data

GOLD 07/26/2020
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 07/26/2020 0.00M
Measured & Indicated: 2.00M 2.00M 07/26/2020 0.00M
Inferred: 1.00M 1.00M 07/26/2020 0.00M
Reserves & Resources: 3.00M 3.00M never 0.00M
P
L
A
U
S
I
B
L
E		 Proven & Probable: 0.92M 0.92M 07/26/2020 0.00M
Measured & Indicated: 1.66M 1.66M 07/26/2020 0.00M
Inferred: 0.46M 0.46M 07/26/2020 0.00M
Reserves & Resources: 2.12M 2.12M never 0.00M
C
U
R
R
E
N
T		 Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 07/26/2020 $0.00
Extra Operating Cost: n/a n/a 07/26/2020 $0.00
Average Grade: 7.00 g/t 7.00 g/t 07/26/2020 n/a
Recovery Rate: (CG)  92.00% (CG)  92.00% 07/26/2020 0.00%
F
U
T
U
R
E		 Proven & Probable: 3.00M 3.00M 07/26/2020 0.00M
Annual Production: 150,000oz. 150,000oz. 07/26/2020 0oz.
Cash Cost: $650 $650 07/26/2020 $0
Extra Operating Cost: $450 $450 07/26/2020 $0
SILVER 07/26/2020
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 07/26/2020 0.00M
Measured & Indicated: n/a n/a 07/26/2020 0.00M
Inferred: n/a n/a 07/26/2020 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 07/26/2020 0.00M
Measured & Indicated: n/a n/a 07/26/2020 0.00M
Inferred: n/a n/a 07/26/2020 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 07/26/2020 $0.00
Extra Operating Cost: n/a n/a 07/26/2020 $0.00
Average Grade: n/a n/a 07/26/2020 n/a
Recovery Rate: n/a n/a 07/26/2020 0.00%
F
U
T
U
R
E		 Proven & Probable: n/a n/a 07/26/2020 0.00M
Annual Production: n/a n/a 07/26/2020 n/a
Cash Cost: n/a n/a 07/26/2020 n/a
Extra Operating Cost: n/a n/a 07/26/2020 n/a

Property

Last Analysis Data  (07/26/2020)
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		 07/26/2020
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 -10.10M
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 -9.29M
Maximum Profit (Gold): $773.77M $816.75M n/a $42.99M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $773.77M $816.75M n/a $42.99M
Max Profit / Current MCap: 1.074 1.219 n/a 0.146
Max Profit Per Share (Gold): $1.74 $1.83 n/a $0.10
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $1.74 $1.83 n/a $0.10
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD Mkt. Cap / Gold Eq.: $783.45 $728.26 n/a $-55.18
FD Mkt. Cap / Silver Eq.: $9.36 $9.89 n/a $0.53
FD Mkt. Cap / Per Metal
as % Spot Price:		 41.21% 37.43% n/a -3.78%
Measured &
Indicated		 07/26/2020
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 -20.20M
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 -16.72M
Maximum Profit (Gold): $1,392.78M $1,470.16M n/a $77.38M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $1,392.78M $1,470.16M n/a $77.38M
Max Profit / Current MCap: 1.932 2.194 n/a 0.262
Max Profit Per Share (Gold): $3.12 $3.30 n/a $0.17
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $3.12 $3.30 n/a $0.17
Total Free Profit Per Share: $0.95 $1.31 n/a $0.35
FD Mkt. Cap / Gold Eq.: $435.25 $404.59 n/a $-30.66
FD Mkt. Cap / Silver Eq.: $5.20 $5.50 n/a $0.30
FD Mkt. Cap / Per Metal
as % Spot Price:		 22.90% 20.80% n/a -2.10%

Reserves &
Resources		 07/26/2020
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.): 3.00M 3.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -30.29M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 2.12M 2.12M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -21.37M
Maximum Profit (Gold): $1,779.66M $1,878.53M n/a $98.87M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $1,779.66M $1,878.53M n/a $98.87M
Max Profit / Current MCap: 2.469 2.804 n/a 0.335
Max Profit Per Share (Gold): $3.99 $4.21 n/a $0.22
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $3.99 $4.21 n/a $0.22
Total Free Profit Per Share: $1.82 $2.22 n/a $0.40
FD Mkt. Cap / Gold Eq.: $340.63 $316.64 n/a $-23.99
FD Mkt. Cap / Silver Eq.: $4.07 $4.30 n/a $0.23
FD Mkt. Cap / Per Metal
as % Spot Price:		 17.92% 16.28% n/a -1.64%

Future Valuation (Cash Flow & Totals)

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