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West Red Lake Gold Mines Ltd V.WRLG.WT.B


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

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 Zibo510on Nov 21, 2024 5:03pm
97 Views
Post# 36324797

RE:RE:RE:Waiting for the perfect storm

RE:RE:RE:Waiting for the perfect stormYes marketsense that was pretty slimy on WRLG's part not to put a standard 4 month trading hold on those 40m shares. Kinda put the screws to retail. 

Buyer's of the PP paid  .69 @ share and selling @ .55, currently taking a  .14 cent loss, which can be used as a tax loss, and end up holding warrants that cost less than what the warrants are currently trading for. 

The upside is that they have gone through this process to end up with the warrants.

Come January this will have all played out and then presto they release the PFS and it's game on.

It's a dirty game but you can't win it if you're not in it. 


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