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Bullboard - Stock Discussion Forum West Red Lake Gold Mines Ltd V.WRLG

Alternate Symbol(s):  WRLGF | WLGMF | V.WRLG.WT | 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

West Red Lake Gold Mines Ltd > Silly season 13 more days by my count
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Post by 7Twiggy on Dec 12, 2024 11:02am

Silly season 13 more days by my count

By my count we have 13 days left for tax loss selling.  Should see if this stops those in on the bought deal unloading. You think most of them must believe in the play as they put a lot of money into this even though they have taken some out with the short selling hoping to cover with the warrants.  You would also think that a lot of players, I know I did, want to get back in and are thinking about timing. What is the lowest it will get to before I risk not getting back in at these levels. Think we have seen the bottom so the next two weeks will be interesting to watch. IMO an early PFS release if good would stop the selling in the heart beat, although it looks like this won't happen till the new year.  Looks like those of us who are not selling will have to tread water for a time and hope that the good times will roll soon.
If I was the Pres, I would pull the bandade off now and release the study. I am sure that most  of it is in the bag. Like I said before would be a great Christmas gift for the retail shareholders to releave some of the pain they have caused with this last financing.
Comment by marketsense on Dec 12, 2024 11:49am
There's been quite a lot of sentiment expressed about WRLG looking desperate with all their fluff announcements and the subsequent weak s/p.  That ellicits the typical retail type response but for those who have a better insight into what is going on, its completely understandable and to be expected.  The selling will reverse at some point and I expect it to end soon. The only thing ...more