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Pure Gold – Or Fool’s Gold?

By Nigel Somerville | Sunday 17 April 2022

Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

I am asked what I think of Pure Gold (TSXV:PGM and PUR on the sub-standard list). Obviously as a Gold play it ticks my main box, but is it making any money for its current market capitalisation – according to Google - of C$71 million (around £43 million) which puts it at a similar size to AIM-listed Ariana Resources (AAU) which is currently valued at £52 million.

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