RE:RE:RE:RE:New Press Release - West Red Lake Gold Announces Closing of $29 Million Bought Deal Public OfferingYes, there is no easy way to do this. The fast track to production means major
capital costs up front and the evils of financing to go with it. Other developers
go through the same stage except they usually take a longer route as in 3 to 5 yrs. Then they can stretch out their financing as each phase demands.
With WRLG, I don't blame them for moving quicker. They want to start up faster so
they can take advantage of this bull market in gold. The downside is the dilution.
You have to take the good with the bad however at the end of the day I'm betting
it will pay off.