West Red Lake Gold Mines Ltd V.WRLG

Major acquisition and rerating potential.

[GoldTown44]

This is a game-changing acquisition. West Red Lake is buying the Madsen Mine, which had a peak market capitalization of $1.15 billion in 2021, for next to nothing. West Red Lake will be debt-free and well-funded. Two strong assets and the company will now have the infrastructure that puts it on the path to production. Don't overlook the fact that Rowan is also 100% owned and holds 827,462 ounces, with a remarkable 9.2 grams per. With this acquisition, we should have a market cap of around $200 million.

[jake12116]

Long term sh of Pgm  owned this off & on for years  this is a F of a deal  unreal  I will be buying this company on the dips  that property was bought at a 90 % discount  ,I always had the out most respect for Eric sprott , this proved to me he's a rich C  would love to meet him, pow , lol  had millions of shares in Pgm  this didn't have to