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

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

Metals & Mining Gold

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) highly prospective land package in the Red Lake district of Ontario. The Madsen Property comprises a contiguous group of approximately 251 mining leases, mining patents and unpatented mining claims covering an aggregate area of 4,648 hectares (46.5 km2). It also holds the wholly owned Rowan Property in Red Lake, with an expansive property position covering 31 km2 including three past producing gold mines: Rowan, Mount Jamie, and Red Summit. The Rowan Property is comprised of 146 claims, including 58 patented claims, 20 leased, 65 staked crowns and three under license of occupation. The 3,100-hectare Rowan Property covers 12 km of strike length on the regional east-west trending Pipestone Bay St Paul Deformation Zone.

TSXV:WRLG - Post by User

West Red Lake Gold Mines Ltd > No pun intended

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Comment by cyanide5on Oct 19, 2024 1:14pm

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Post# 36273170

RE:No pun intended

Unfortunately mgmt is hell bent on blowing the share structure to get this to production.

I mean why would you give a full warrant at 90 cents in this gold market? The dilution is unreal and only benefits the insiders with warrants and capping stock price gains....

I appreciate that they have fast tracked production to q2 2025 but at expense of blowing the share count.....

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