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West Red Lake Gold Mines Ltd V.WRLG.WT.A


Primary Symbol: V.WRLG Alternate Symbol(s):  V.WRLG.WT | 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 KatieLiedon Jun 05, 2024 6:59pm
215 Views
Post# 36074148

WRLG

WRLGI'm long on this stock and I'm new here. I like this story. I do have to wonder what's happening here though. Gold is going up and even though WRLG isn't in production, the stock seems to be receding somewhat. Good results are coming out, the company has new leadership and has a strong backing as well. Who is selling at these levels?  I know that people were upset at the price that the flow through was set at. Is this causing this glut of stock on the market? I see other gold and silver stocks that are in the exploration phase and they are gaining traction in this price environment. Kind of a head scratcher.
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