West Red Lake Gold Mines Ltd WRLGF

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

Metals & Mining Gold

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

West Red Lake Gold Mines Ltd > Let the company do their thing.

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Comment by marketsenseon Nov 05, 2024 4:27pm

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Post# 36297687

RE: Let the company do their thing.

Very good advice Twiggy. This is another one of those companies because of the
bought deal financing, is going to take time before recovering. Lets face it, there
is a huge disconnect between what is going on with the company and what is going
on with the stock price. If you understand why that disconnect exists, then sit tight
and wait. Patience is your best friend right now. If they oversold the bought deal,
having the extra cash will give them a cushion and if they don't need it, well I'm sure
they can think of something useful to do with it.

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