West Red Lake Gold Mines Ltd V.WRLG.WT.A

WRLG

[KatieLied]

I'm long on this stock and I'm new here. I like this story. I do have to wonder what's happening here though. Gold is going up and even though WRLG isn't in production, the stock seems to be receding somewhat. Good results are coming out, the company has new leadership and has a strong backing as well. Who is selling at these levels?  I know that people were upset at the price that the flow through was set at. Is this causing this glut of stock on the market? I see other gold and silver stocks that are in the exploration phase and they are gaining traction in this price environment. Kind of a head scratcher.

[roberto146]

Some of the people with a shorter term view understood this to be almost a turnkey project with $20 Million in the kitty. Reading the recent project update tells us there's still a lot of work to do. From the acquisition of the property to the startup could be as long as 2 1/2 years, ('second half of 2025') there have been 5 money raises over the last year or so totalling over $100