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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 03, 2024 12:23pm
73 Views
Post# 36294293

RE:RE:Take a look at what I just found..."our money."

RE:RE:Take a look at what I just found..."our money."I suppose promotional videos are another one of those things that companies feel are
necessary to get the word out.  I don't like them and never have.  I have thought
over the years that the best promotion is controlled stock price action where companies do insider buys and bring in investors along at strategic points and support their stock as they evolve through their growth periods.

As a long time investor,  I want to have confidence in what I am investing in and not
have the rug pulled out beneath me by stupid,  ill advised deals and actions that
mgmt are prone to do out of stupidity or greed.  With WRLG,  so far I feel they are
making solid moves that should prove out to be beneficial.  I give them a pass on the 
promotion side as Gwen has done a good job in trying to inform investors of the companies progress in a timely manner.  I cringe when I hear about marketing plans
that cost money.  I like the show and tells and resource conferences where exposure
is important.  The best promotion IMO,  is positive steady price action.  That attracts
interest and the kind of investors you want to have.  The day traders and momentum
players don't add anything and so the less hype the better in avoiding that kind of BS
trading.

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