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Bullboard - Stock Discussion Forum 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... see more

TSXV:WRLG - Post Discussion

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Post by 7Twiggy on Oct 01, 2024 4:01pm

warrants A

Does anyone have the info on the warrant A and the purchase price per warrant?
Comment by roberto146 on Oct 01, 2024 5:05pm
Warrant A trades. Just look at the alternate symbol list above.
Comment by 7Twiggy on Oct 01, 2024 6:43pm
Thanks Roberto.  You can buy a share for $1.00 plus 1 warrant up to May 16, 2026. How much does it cost to to buy a share plus 1 warrant A. Yhey expire in March, 2019.
Comment by roberto146 on Oct 01, 2024 7:57pm
That's a different warrant (WRLG.WT 5/16/26 1.00). Warrants A (WRLG.WT.A) are the ones that came with the 'gold linked' Units: Each whole Warrant entitles the holder to purchase one common share of the Company at an exercise price of C$0.95 per share until March 19, 2029. Right now the warrants trade at about 38 cents, so .38 + .95 = 1.33/share if you exercise. I have traded many ...more  
Comment by 7Twiggy on Oct 08, 2024 1:53pm
Thanks Roberto.  Agree, makes no sense to pick up the warrant a as you can get the stock for another 25 cents or so.  The plain warrants might be somewhat of a deal so I picked up a position at .18 Runway is shorter but can make you a lot of money if this mine starts as planned.  Drilling results continue to add.  Would have added the stock today but still have some concern ...more  
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