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 > Credit facility

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Post by Fredfudpucker00 on Nov 06, 2024 11:45am

Credit facility

I'm surprised that WRLG didn't have to pay a production linked payment of " X" dollars on the first so many thousands of ounces of gold produced.

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Comment by Zibo510 on Nov 06, 2024 11:56am

Funny you just commented on that. I was just reading the NR'S from back when WRLG acquired the mine. That was the steal of a lifetime, not only a mine and mill, but 1.6 million proven ozs of high grade gold and great terms. Quite the coup

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