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West Red Lake Gold Mines Ltd V.WRLG

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

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 auaghunteron May 12, 2024 4:56pm
227 Views
Post# 36036042

re l like this company Pure Gold management mess up

re l like this company Pure Gold management mess upl like this company, its on my radar list and l plan to buy it. l like Frank Guistra  he is pretty big when it comes to Gold mining and l really think they have a great mine in a great area being Red Lake. High grades could make a low cost mine. Does anyone now the projected AISC of the madsen Mine if thats correct Madsen Mine. Management looks good . Directors Tony Macuch who assisted Lakeshore Gold and getting them in production and l know of Duncan Middlemess from Wesddome Gold. Frank Guistra is an advisor. l see they are planning 15,000 metres  of drilling at the Rowan project. l would think they will find high grade gold up at Rowan . lt should be an interesting year for WRLG. If you know Bob Moriarty from 321gold he really likes West Red Lake Gold. He also likes Newfound gold, if you dont know about Newfound Gold you should go to there website. Bob Moriarty thinks they may eventually find between 5-50 million. 50 million is crazy to me though many think it could be similar to Kirkland Lakes old mine, Fosterville in Australia.They say its got the best grades and lowest AISC mine in the world. l'm very sure there AISC is around $400 plus or minus. Agnico Eagle now owns fosterville.
Anyways l will plan on buying into WRLG within 2 months. l think Gold and Silver could continue to move for the rest of the year. Once the fed finally cuts rates that should put the US dollar index in a move down. l think once it eventually breaks the 100 level it continues down for awhile. Precious Metals should move nicely. Good luck.
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