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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 18, 2024 3:32pm
96 Views
Post# 36318561

RE:RE:RE:RE:RE:RE:New Video

RE:RE:RE:RE:RE:RE:New VideoUntil WRLG is in full production mode,  I suspect there will be critics.   That's the 
nature of the markets and this business.  Patience is always in short supply when
waiting is involved.  Most investors want instant payoff and many are either day
traders or short term investors so their time span is too short to bother participating
in the growth trajectory that it wiil take with WRLG.

On another note,  the good news is their crusher is on site.  That is another major
hurdle you can check off the list.  Their time line to production has not changed and
I don't see any reason for it to be delayed.  That's the most important thing IMO.  As
for the PFS,  I'm sure it will be conservative.  Their approach is to underpromise and
overdeliver.  Better than the opposite because you know how that worked out.

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