Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Comment by marketsenseon May 17, 2024 1:28pm
168 Views
Post# 36045867

RE:RE:RE:RE:RE:RE:Quite the chart lately….

RE:RE:RE:RE:RE:RE:Quite the chart lately….Agree 100%.  The fallout from these financings are a necessary evil.  WRLG gets the
money but holders get the temporary shaft.  The institutions make out like bandits
as well as big pocketed insiders.  They dump their stock from the units and keep the
warrants for free.  License to make money at everyone else's expense.

If that isn't enough,  they even go short knowing their own dumping will cause a drop.
Then cover making their book.  Lastly their free warrants can be held for big profits
or if everything works out,  exercise them in exchange for shares in a longer term
hold strategy.  That all said,  the money from the financing is essential to getting
Madsen Lake up and running.  Once the fallout from the financing gets absorbed,
the market will start to tighten up.  The only smart thing us small guys can do is
keep buying while the stock is still cheap.
<< Previous
Bullboard Posts
Next >>