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West Red Lake Gold Mines Ltd V.WRLG

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

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

Comment by marketsenseon Oct 31, 2024 12:16pm
90 Views
Post# 36290764

RE:Oh well

RE:Oh wellI invested in WRLG to see it through to production and possibly much longer.  I am
not in this for a day trade or any short term movement as I believe in the project.
With that comes a lot of ups and downs before any substantial payday arrives for
me.  That was and is my approach.  Every miner I have followed that achieved their
lofty goals of being a successful producer have all gone this route.  It simply does
not happen overnight.  There are no shortcuts.

With WRLG,  you have about as short a route to production as I have seen.  That's
what makes it so compelling however with that because of its prior history eg, PGM
there is leftover baggage of a failed company and a suspect mining operation.  They
will have the task of overcoming that apathy and negativity.  They are going to be
heavily scrutinized for every ounce they produce.  I believe they know what they
are up against and are up to the task.  Over and out.

MS:  fortune follows the bold
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