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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 Nov 01, 2024 2:11pm
97 Views
Post# 36292701

RE:RE:West Red Lake Gold will only tread water for so long

RE:RE:West Red Lake Gold will only tread water for so longThey knew when they did their bought deal they would get hit with tons of shares 
flooding back onto the market.  I said in a previous post that those millions of shares
are being bought back at bargain basement prices.  Thats how this works.  Once the
majority of those have been absorbed and placed in stronger hands,  you will see the
market for WRLG suddenly tighten up.  Then sit back and watch the fireworks as the
the news flow starts to rerate the company.  Stay long and stay strong.
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