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West Red Lake Gold Mines Ltd V.WRLG

Alternate Symbol(s):  V.WRLG.WT.A | WRLGF | WLGMF | V.WRLG.NT.U | V.WRLG.WT

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) land package in the Red Lake district of Ontario. The Company’s project also includes West Red Lake Project, which is situated on the Red Lake Archean Greenstone Belt, which hosts the high-grade gold mines of the Red Lake Gold District. The Company’s West Red Lake Project has approximately 3100-hectare property encompassing three former gold mines, including Rowan Mine, Red Summit Mine and Mount Jamie Mine. The Rowan Mine Property is comprised of approximately 119 claims. The Mount Jamie Mine Property is 100% owned and consists of approximately 26 claims. The Red Summit Mine Property consists of over two 100% owned patented claims situated within the Rowan Mine property. The NT Zone is located on the Rowan Mine Property portion of the West Red Lake Project.


TSXV:WRLG - Post by User

Post by GoldTown44on Apr 24, 2023 1:46pm
241 Views
Post# 35410761

Trading well... not surprised if we see $1.00+ this week

Trading well... not surprised if we see $1.00+ this week
The stock is trading really well. 
 
I would not be surprised if we hit $1.00+. 
 
I think the market is still absorbing the true value of this deal with Madsen as its centrepiece. 
 
This asset had a peak market capitalization of more than $1.15 billion in 2021. 
 
With their robust infrastructure, possession of 3 million ounces of gold, debt-free, and operation in a secure location, this will be a very exciting high-grade story in the years ahead. 

Here is the deck: https://westredlakegold.com/site/assets/files/1794/west_red_lake_madsen_april_21_final.pdf

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