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West Red Lake Gold Mines Inc Com RLGMF

West Red Lake Gold Mines Inc is a mineral exploration company. It is engaged in acquiring, exploring, and developing mineral properties in Red Lake Gold District, Canada. The company involves in mining several gold projects across Canada, which includes West Red Lake Project, Rowan Mine, Mount Jamie Mine, and Red Summit Mine.


EXPM:RLGMF - Post by User

Comment by Zoolanders21on Sep 01, 2016 1:12am
171 Views
Post# 25198117

RE:Goldcorp back-in right circumstances looming

RE:Goldcorp back-in right circumstances loomingI don't see this as bad news. It could explain the delay in issuing results though  ... try to let the 90 day back-in period for GG lapse before the good news comes out then maybe they won't pull the trigger. That is even if they are close to the $5M expenditure on the project to trigger the option. Either way it is good for us ... if GG exercises it we still own 100% of Mount Jamie, 100% of Red Summit and our ownership of Rowan goes from 60% to 49% and we pocket $7M. Not seeing the smackdown here. Typical basher trying to shake out weak hands. Not to mention the i'm out at $.39 comment 2 days later when in last traded at that level. If you are going to post something significant back it up TO. GL Zoo   
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