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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

Comment by marketsenseon Aug 26, 2024 3:20pm
97 Views
Post# 36196518

RE:Selling is Relentless

RE:Selling is RelentlessYes, it is odd that a company working hard and successfully towards production can't
seem to gain any traction given the strong gold environment we are in.

It looks like it is being tightly controlled in a very narrow range.  If the major share
holders are not selling,  then its being controlled by day traders who are skimming  a
few pennies each time it moves.  Deliberate manipulation to pull more stock out 
could also explain it.  I really don't know but something odd is definately going on
IMO.  There is no reason it can't move except for the lack of major news.  When that
happens,  I think the dam breaks wide open.   If you believe in the project,  then be
patient.  I can't believe with that star studded mangement group behind it,  its not
going to be successful.
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