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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 > Who is Selling
View:
Post by Martyboss on Dec 30, 2024 12:36pm

Who is Selling

Who is selling at this point, Im at a loss as to why anyone at this point  would be selling. ---UNLESS------ its management selling and  holding it down  for their next financing.
Comment by roberto146 on Dec 30, 2024 12:43pm
"... holding it down  for their next financing." Isn't the idea to pump it up to make the financing look like a bargain?
Comment by TechOne on Dec 30, 2024 1:24pm
Not a surprise and not meaningful..  Gold is down today and by extension, all my gold stocks are down and today is the last day to book loss on TSX..  January 2025 will be a new ball game since I expect them to releases pre feasibility or what ever the term is and lay out how and which way they are progressing to meet their summer 2025 startup etc.  FWIW..  2025 for Gold ...more  
Comment by BushBoy4488 on Dec 30, 2024 3:08pm
Not sure why you'd think they would be another financing coming Gwen last video said they have secured enough to get them to production 
Comment by 7Twiggy on Dec 30, 2024 3:21pm
Hopefully another financing is not in the cards. I am thinking some on the management team wish they would have given a little more thought to the last financing and not got in bed with a few that have been tanking the stock.  Tax loss selling should be pretty well over in the next half hour and we will get a clearer picture tomorrow and Thursday and Friday. If the PFA comes out next week and ...more  
Comment by marketsense on Dec 30, 2024 3:35pm
With tax loss dumping almost over,  one should expect a rebuying of positions in order to catch the upward wave going forward.   They made money on the shorts so now its time to go long and cash in on the PFS release.  The worst is now behind and better things are to come.  We should have the bankers and others at our backs providing the buying to push this thing higher.   ...more