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

West Red Lake Gold will only tread water for so long

[7Twiggy]

Will put on my watchlist JF.  WRLG still one of my favorite plays.  If this mine comes in as planned the share should be an easy double.  Since I am mainly invested in the warrants they will follow the stock up only in higher multiples.  Stock is bulking up this morning, again with volume double what is shown on the TSX. Another thing I like about West Red Lake is the communication.  A lot of the juniors keep you in the dark with news releases few and far between.  West Red lake continues to communicate well with 9 news releases in both September and October. You can bet these releases keeps WRLG in a lot of investors inboxes. Like I said before don't think we have long to stay at these levels.  Put away the Halloween decorations this morning . Next up Christmas and I think Red Lake will have a nice something under the tree.

[JamesF]

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[marketsense]

They knew when they did their bought deal they would get hit with tons of shares  flooding back onto the market.  I said in a previous post that those millions of shares are being bought back at bargain basement prices.  Thats how this works.  Once the majority of those have been absorbed and placed in stronger hands,  you will see the market for WRLG suddenly tighten up.

[JamesF]

This post has been removed in accordance with Community Policy

[7Twiggy]

I would not bet against you on this one marketsense. I think we may see this move up faster than one.thinks.  My vegitarian play jumped 25% today,out of the blue. I could see that easily happening with West Red Lake.

[marketsense]

Neither would I against you Twiggy.  I think we understand pretty well how this is going to go.  Those inside buys corroborate the playbook in text book like fashion and dovetail nicely with the timing of the short sales which drove the stock down to levels that guaranteed a profit to the bought deal investors.  So they sold their stock short  and made a profit and now have

[Zibo510]

I am a firm believer in the Lassonde Curve.  If you look at the chart for GMIN you can follow a gold mine from concept through development to commercial production.  I feel very fortunate to have stumbled across WRLG purely by accident at this late stage in the Lassonde Curve.  I only hold the B warrants which I have been accumulating over the last 2 days at an average of