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Bullboard - Stock Discussion Forum
West Red Lake Gold Mines Ltd
WRLGF
Primary Symbol:
V.WRLG
Alternate Symbol(s):
V.WRLG.WT
|
WLGMF
|
V.WRLG.WT.A
|
V.WRLG.NT.U
|
V.WRLG.WT.B
Metals & Mining
Gold
West Red Lake Gold Mines Ltd. is a Canada-based mineral exploration company. The Company is focused on advancing and developing its flagship Madsen Gold Mine and the associated 47 square kilometers (km2) highly prospective land package in the Red Lake district of Ontario. The Madsen Property comprises a contiguous group of approximately 251 mining leases, mining patents and unpatented mining...
claims covering an aggregate area of 4,648 hectares (46.5 km2). It also holds the wholly owned Rowan Property in Red Lake, with an expansive property position covering 31 km2 including three past producing gold mines: Rowan, Mount Jamie, and Red Summit. The Rowan Property is comprised of 146 claims, including 58 patented claims, 20 leased, 65 staked crowns and three under license of occupation. The 3,100-hectare Rowan Property covers 12 km of strike length on the regional east-west trending Pipestone Bay St Paul Deformation Zone.
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Bullboard (TSXV:WRLG)
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(161)
•••
Fredfudpucker00
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Comment by
Fredfudpucker00
on Oct 28, 2024 10:15pm
RE:Ian Telfer Built a $21B Gold Major in 5 Years from $17M
This story might explain a little more to this bb.
(161)
•••
Fredfudpucker00
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Post by
Fredfudpucker00
on Oct 28, 2024 10:13pm
Ian Telfer Built a $21B Gold Major in 5 Years from $17M
Guess who his partner was.///////https://www.thebigscore.com/p/ian-telfer-built-a-21b-gold-major
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(161)
•••
Fredfudpucker00
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Comment by
Fredfudpucker00
on Oct 28, 2024 10:11pm
RE:The Sugar zone mine under Harte was a similar failure to Mad
JamesF, thanks for the post.
(8)
•••
jake12116
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Comment by
jake12116
on Oct 28, 2024 9:24pm
RE:How Eric Sprott Made $1 Billion on a Mining Ten Bagger
I can afford to wait however considering what they claim to have there and it's all positive and the price of gold the shares have dropped 30% in last few weeks that makes me
...more
(161)
•••
Fredfudpucker00
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Post by
Fredfudpucker00
on Oct 28, 2024 8:19pm
How Eric Sprott Made $1 Billion on a Mining Ten Bagger
Article off topic but good read......https://www.thebigscore.com/p/how-eric-sprott-made-1-billion-on
(102)
•••
marketsense
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Comment by
marketsense
on Oct 28, 2024 8:02pm
RE:RE:Financed Previous Shareholders
There are bound to be those who are unhappy and upset with the direction that this has been going. On the other hand I ask who has been buying up those million shares that are being dumped
...more
(4)
•••
Onevbdeal2024
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Post by
Onevbdeal2024
on Oct 28, 2024 8:01pm
Personal Position
My holdings will still prove profitable dispite this financing and no warrants will sell before my shares. It's just people less aware than myself that you pumped at 1$ and dumped @ 0.69$
(85)
•••
7Twiggy
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Comment by
7Twiggy
on Oct 28, 2024 7:45pm
RE:Financed Previous Shareholders
ONev. A high percentage of these plays are riskly and prone to dilution. Never a bad idea to cut your loses when you feel a play is not going well. Best to forget the play and move on
...more
(4)
•••
Onevbdeal2024
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Comment by
Onevbdeal2024
on Oct 28, 2024 7:40pm
RE:WRLG's VP of IR Discusses Final $68M Funding Package
Did management also recieve options in this deal for future reference?
(4)
•••
Onevbdeal2024
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Post by
Onevbdeal2024
on Oct 28, 2024 7:31pm
Holdings
Previously estimated 2500 oz from mill sweepings = 2500 x 2700 = $6,750,000 + $750,000 = $7,500,000US lets see where these assets are utilized.
(124)
•••
1StockInformer
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Post by
1StockInformer
on Oct 28, 2024 7:28pm
WRLG's VP of IR Discusses Final $68M Funding Package
In a video released today, West Red Lake Gold Mines' (Ticker: WRLG.v or WRLGF for US investors) VP of Investor Relations, Gwen Preston, outlined the company's new $68 million financing package
...more
(4)
•••
Onevbdeal2024
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Post by
Onevbdeal2024
on Oct 28, 2024 7:16pm
Management Slush Fund
I seem to recall management inferred in the past these assets (Mill Sweepings and previously poured $750,000US gold Bar ) will go into a slush fund or something of that flavour. To be injected at
...more
(4)
•••
Onevbdeal2024
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Post by
Onevbdeal2024
on Oct 28, 2024 6:48pm
Lets Just Say
If they completed the clean up of the mill and poured and sold the gold on hand this quarter, without dilution via this financing how much would earnings per share have been influenced. Even if EPS
...more
(4)
•••
Onevbdeal2024
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Comment by
Onevbdeal2024
on Oct 28, 2024 6:35pm
RE:RE:Getting that pure gold feeling
The previously reported Mill sweepings and running the test tonnage should have provided all of these funds and more within 4 months without further dilution.
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