West Red Lake Gold Mines Ltd V.WRLG

Money Pit

[Blackpenny]

Starting to believe investing in gold in Ontario is a bunch of B.S.
My third attempt.
If this does pan out (no pun intended) they will not see another dollar from me.

[Bully12]

Enough money for maybe a year. But doubtful, buyer beware. 

[marketsense]

Didn't Gwen just recently say they were in the process of drilling enough inventory to keep the mill going for a year and they will continue to drill in order to stay well ahead of mill production.   That is a reasonable explanation why they are not rushing to get into production before this goal is achieved. In the meantime they are working dilligently to get their PFS out near month

[Giverbullets1]

Why not start producing and use the procedes to put more drills in action?  There may be a logistical issue doing that....  Maybe they really want to make sure they are loading great rock into the mill? Maybe the connection tunnel is using alot of mine road traffic and they are waiting for that to be completed?  I dunno. Seems that they have a good plan, well invested by insiders

[marketsense]

Correction.  I said it was a years inventory before start up but there it is in her latest video.  Its 18 months of inventory before it goes into production.  That means they  will always be ahead of mill requirements.  They will not run this mill like a penny ante shoestring operation.  No shortage of capital and no shortage of ore plus all major capital expenses