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Bullboard - Stock Discussion Forum West Red Lake Gold Mines Ltd WRLGF


Primary Symbol: V.WRLG Alternate Symbol(s):  V.WRLG.WT | WLGMF | V.WRLG.WT.A | 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 > The deposit steadily improving
View:
Post by 7Twiggy on Nov 26, 2024 1:57pm

The deposit steadily improving

IMO nothing has changed in the last two or three months regarding what counts the most and that is the mill ready to go and the deposit.  In fact the deposit has only improved and by the looks of the last press release by a lot.  Again the selling IMO strictly controlled by those on the last bought deal. The financing, though it hurts now, most likely a good thing as the company has lots of cash.  Complaining about the stock price on this chat line does nothing except maybe getting a few more weak hands to jump ship.  Most would not have sold our positions even if the price were higher, so why shed tears
over non losses.  I took this name off my main watch list weeks ago.  This name will remain flat until the bought dealers have recovered a percentage of their new investment and tax loss selling is over. Best to ignore this play for a month and stay away from the negative posts on this board.
Comment by jake12116 on Nov 26, 2024 7:22pm
I don't believe my comments are negative  there accurate and I do believe the share price reflects the sediment how the investors feel so if this thing was all roses and sunshine, we'd be over a dollar however, the delays in getting more finance has hurt this and I wouldn't be surprised if there's more delays in getting more financing I could be wrong. However, the market cap ...more  
Comment by Bully12 on Nov 26, 2024 11:05pm
This post has been removed in accordance with Community Policy
Comment by marketsense on Nov 27, 2024 12:09pm
Twiggy,  the most sensible advice I have seen so far.  If only everyone could follow it. Whining and complaining achieves nothing but highlight what is already known and quite likely to get worse before it gets better.  The selling will continue right through  Dec as it is tax loss season.  Forget about it until the New Year.  This is not a mine operational issue ...more  
Comment by Bully12 on Nov 27, 2024 3:28pm
So true, locals and investors suffer again. Fake news. Trying  to get Kinross to purchase? 
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