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

Metals & Mining Gold

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

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TSXV:WRLG - Post Discussion

West Red Lake Gold Mines Ltd > Pre production Ounces

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Post by Onevbdeal2024 on Sep 19, 2024 8:24am

Pre production Ounces

Test mining og 20,000 tones @ 5.98 g/t @ 80% recovery = approximately 3400 ounces.
And to that estimated 2500 ounces attributed to mill and process clean-ups and previous poured gold bar($750,000US).
5900 × $2600+$750,000US=$16,090,000US

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Comment by Martyboss on Sep 19, 2024 10:00am

So this was great news, market is definitely not on board with it, Investors are skeptical lots of selling happening . until market is convinced WRLG is going to spin its wheels in this price range for some time.

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