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


Primary Symbol: V.WRLG Alternate Symbol(s):  WRLGF | V.WRLG.WT | WLGMF | 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 > Trading well... not surprised if we see $1.00+ this week
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Post by GoldTown44 on Apr 24, 2023 1:46pm

Trading well... not surprised if we see $1.00+ this week

The stock is trading really well. 
 
I would not be surprised if we hit $1.00+. 
 
I think the market is still absorbing the true value of this deal with Madsen as its centrepiece. 
 
This asset had a peak market capitalization of more than $1.15 billion in 2021. 
 
With their robust infrastructure, possession of 3 million ounces of gold, debt-free, and operation in a secure location, this will be a very exciting high-grade story in the years ahead. 

Here is the deck: https://westredlakegold.com/site/assets/files/1794/west_red_lake_madsen_april_21_final.pdf
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