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

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... see more

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TSXV:WRLG - Post Discussion

West Red Lake Gold Mines Ltd > From TD Waterhouse site this morning

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Post by 7Twiggy on Oct 30, 2024 10:19am

From TD Waterhouse site this morning

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Comment by marketsense on Oct 30, 2024 12:38pm

I think that is conservative. WRLG is in pre production mode right now with their bulk sampling operaton. How much gold are they going to produce from this program by the time their official mine restart is announced. The market seems tone deaf to what they are doing. I suspect once the market becomes aware of what is taking place, the rerate is going to be fast and ...more

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Comment by 7Twiggy on Oct 30, 2024 12:51pm

You could be right. The bought deal tanked the price but should recover sooner than later. Could no resist adding some of the new warrants this morning. Three year runway. Sweet.

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Comment by marketsense on Oct 30, 2024 2:15pm

I rethought my last comments and have a slightly but significant change in perception. I think the market is very aware what WRLG is doing but there is a lot of apathy and doubt if they can make it a really profitable operation. While WRLG is optimistic and full of positives, the market is not giving them any credit until they see the gold being produced and sold and what they can ...more

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