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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

Post by 7Twiggyon Nov 01, 2024 1:07pm
124 Views
Post# 36292580

West Red Lake Gold will only tread water for so long

West Red Lake Gold will only tread water for so longWill put on my watchlist JF.  WRLG still one of my favorite plays.  If this mine comes in as planned the share should be an easy double.  Since I am mainly invested in the warrants they will follow the stock up only in higher multiples.  Stock is bulking up this morning, again with volume double what is shown on the TSX. Another thing I like about West Red Lake is the communication.  A lot of the juniors keep you in the dark with news releases few and far between.  West Red lake continues to communicate well with 9 news releases in both September and October. You can bet these releases keeps WRLG in a lot of investors inboxes. Like I said before don't think we have long to stay at these levels.  Put away the Halloween decorations this morning . Next up Christmas and I think Red Lake will have a nice something under the tree.
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