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

What's with all the selling

[Martyboss]

Couple months ago I bought WRLG--.68 and DV --.86 Today WRLG sits at .69 and DV ---1.40  WRLG has been a big dissapointment to say the least, considering that they they bought a mine and a mill.The pre feasability report will be the tell tale for me.....I cannot understand why all the selling when they say this mine will likely be in production in early 2025. Are we been told the whole story here.

[marketsense]

This issue has been covered in previous posts.  I outlined the process of what happens when you do financings with warrants.  There was one another poster who also mentioned the dilutive nature of these types of financings.  You get the paper blown out right back in your face and it takes a while before it can all be mopped up.  Unfortunately thats how the game is played but