Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Seems Canada's Greenstone Mining District is finally getting the recognition it deserves based on its massive potential to be a high-producing gold district with Australia's Gold Resources (ASX: GOR, $1.84B mcap) confirming its intention to acquire a stake in the area - located close by is one of my top picks West Red Lake Gold (WRLG.v WRLGF), with two diamond drill rigs turning at its 100% owned Madsen Mine, they're on track for production by the end of 2025:
$WRLG pushing higher trying to regain ATH above the $1 mark 📈👀 @WestRedLakeGold
— Fantastic Mr.Stocks (@Fantastic_MrSTX) April 15, 2024
Something very interesting for $WRLG.v today = Australia’s Gold Road Resources (ASX: $GOR = $1.84B market cap) confirmed rumours about its intention to acquire a stake in Canada’s Greenstone Gold… https://t.co/w0omnDs82l pic.twitter.com/ZYIHCxjFZw
WRLG.v is trading in the green, approaching its all-time high above $1. The gold jr is drilling at its past-producing Madsen Mine and has been reporting significant gold assays. Today, the CFO explained how WRLG is issuing gold-linked notes to maximize money raised & minimize dilution. Full DD⬇️
$WRLG pushing higher trying to regain ATH above the $1 mark 📈👀 @WestRedLakeGold
— Fantastic Mr.Stocks (@Fantastic_MrSTX) April 15, 2024
Something very interesting for $WRLG.v today = Australia’s Gold Road Resources (ASX: $GOR = $1.84B market cap) confirmed rumours about its intention to acquire a stake in Canada’s Greenstone Gold… https://t.co/w0omnDs82l pic.twitter.com/ZYIHCxjFZw
Gold jr WRLG.v reaches new 52-week highs today on high volume
https://ca.finance.yahoo.com/news/adf-west-red-lake-gold-152800979.html
On track to be in production by the end of 2025, West Red Lake Gold (WRLG.v WRLGF) has made a name for itself in the gold mining industry, having attracted a range of industry "heavy hitters", as detailed by WRLG's CEO Shane Williams in "Why Industry Heavy Hitters Joined West Red Lake Gold Mines to Resurrect Madsen" from Kitco Mining:
Today, West Red Lake Gold (WRLG.v WRLGF) announced the arrival of second underground diamond drill at its 100% owned Madsen Mine: https://westredlakegold.com/west-red-lake-gold-accelerates-definition-drill-program-at-north-austin/
Rick Rule recently interviewed billionaire mining investor Frank Giustra who highlighted his involvement in gold jr WRLG.v. Giustra believes the company is capable of producing 100,000 ounces/year from the Madsen Gold Project. "My concept is to grow using WRLG as the vehicle".
WRLG.v is currently up 11.4% w/ over 1M shares traded.
Their Madsen Project boasts an Indicated resource of 474,600 oz @ 8.7 g/t Au & recent intercepts like 25.12 g/t Au over 5.5m and 39.46 g/t Au over 2m. WRLG aims to bring the mine back into production by 2025. As highlighted in the post below, the gold jr also has the support of the prolific mining investor & billionaire Frank Giustra who envisions them producing over 100,000 ounces per year. https://www.reddit.com/r/Wealthsimple_Penny/comments/1bwx9yv/unveiling_the_secrets_of_success_in_the_mining/
Full interview:
Another great interview by Billionaire Frank Giustra where he shares his thoughts on investing, entrepreneurship and his involvement in gold jr WRLG.v highlighting the company's plans of producing 100,000 ounces per year at its past-producing Madsen Gold Project.
Great insight here on the gold market and the strategic positioning of West Red Lake Gold Mines (WRLG) by CEO Shane Williams. He highlights how WRLG is leveraging its past-producing Madsen Gold Mine to expedite its shift from exploration to production, aiming to reach production by the end of 2025.
Amid a shift in gold market power, Frank Giustra's co-founded gold junior offers "tremendous room for growth": https://new.reddit.com/r/InvestmentEducation/comments/1btjudp/billionaire_mining_investor_frank_giustra_on_a/
Recent discoveries at WRLG's Madsen Gold Mine reveal promising outcomes in the project's South Austin Zone, with significant finds such as 5.5 meters at 25.12 grams per tonne of gold, 2 meters at 39.46 g/t, and 4 meters at 18.6 g/t. 💥⛏️
https://westredlakegold.com/west-red-lake-gold-intersects-25-12-g-t-au-over-5-5m-39-46-g-t-au-over-2m-and-18-60-g-t-au-over-4m-at-south-austin-zone-madsen-mine/
Insightful feature from billionaire mining investor Frank Giustra detailing the significant opportunity posed by this gold junior with its "Great Asset, Great Management":
Great Asset, Great Management
— West Red Lake Gold Mines Ltd. (@WestRedLakeGold) March 19, 2024
By @Frank_Giustra, Co-Founder, Major Shareholder, Strategic Advisor
As a co-founder and key stakeholder in the new West Red Lake Gold (WRLG), I've always valued buying excellent assets and building strong teams.
Our Madsen project is a unique… pic.twitter.com/M9vpdxXiSM
The latest findings from WRLG's Madsen Gold Mine showcase encouraging results, particularly from the South Austin Zone, with notable intercepts including 5.5 meters at 25.12 grams per tonne of gold, 2m at 39.46 g/t & 4m at 18.6 g/t💥⛏️
https://westredlakegold.com/west-red-lake-gold-intersects-25-12-g-t-au-over-5-5m-39-46-g-t-au-over-2m-and-18-60-g-t-au-over-4m-at-south-austin-zone-madsen-mine/
With the general consensus being that the precious metals market will "continue to thrive over a longer horizon", I'm liking West Red Lake Gold Mines (WRLG.v WRLGF) position and plan to restart the Madsen Mine which has an indicated resource of 1.65M oz of gold grading 7.4 g/t Gold and inferred resource of 0.37Moz of gold grading 6.3g/t: https://www.reddit.com/r/wallstreetbets2/comments/1bnqnof/why_gold_why_silver_west_red_lake_gold_mines/
WRLG's most recent results from its Madsen Gold Mine are positive w/ notable intercepts from the South Austin Zone of:
- 25.12 g/t Au over 5.5m
- 39.46 g/t Au over 2m
- & 18.6 g/t Au over 4m
https://westredlakegold.com/west-red-lake-gold-intersects-25-12-g-t-au-over-5-5m-39-46-g-t-au-over-2m-and-18-60-g-t-au-over-4m-at-south-austin-zone-madsen-mine/
WRLG closed its gold-linked notes offering, raising US$22,340,000 for the Madsen Gold Mine's exploration & development. With a 1.65Moz Au indicated resource & C$350M worth of infrastructure (including a state-of-the-art mill), the mine is set for advancement. More info on the offering & WRLG below.
https://www.reddit.com/r/Penny_Stocks_Canada/comments/1bnsl70/unlocking_future_potential_west_red_lake_gold/
WRLG has raised US$22.34M through a gold-linked notes PP, showing its confidence in future gold production. WRLG's Madsen Gold Mine project has an estimated 1.65M oz Au indicated and 0.37M oz inferred + >$350M has been invested in the project's infrastructure.
https://westredlakegold.com/west-red-lake-gold-closes-us22340000-of-gold-linked-notes-offering/
With the closing of a US$22.3M offering, West Red Lake Gold Mines (WRLG.v WRLGF) is well-funded to execute on its exploration and restart plan at the Madsen Mine (Ind.: 1.65M oz of gold grading 7.4 g/t Gold, Inf: 0.37Moz of gold grading 6.3g/t) amid a strong precious metals market: https://www.reddit.com/r/wallstreetbets2/comments/1bnqnof/why_gold_why_silver_west_red_lake_gold_mines/
Short and sweet presentation from WRLG's CEO where he explains the company's 2024 exploration plans, their Madsen Gold Mine's extensive infrastructure and how they acquired it for just $6.5M (peak value $1B)
Having just raised US$22.3M, West Red Lake Gold Mines (WRLG.v WRLGF) is strongly positioned to execute on its exploration and restart plan for the Madsen Mine (Ind.: 1.65M oz of gold grading 7.4 g/t Gold, Inf: 0.37Moz of gold grading 6.3g/t), as detailed in its latest interview with TokStocks:
In this episode of TokStocks, we catch up with Shane Williams, CEO of West Red Lake Gold Mines $WRLG.V We dive into what's new at West Red Lake, focusing on their flagship Madsen Mine in Ontario's Red Lake Gold District.
— TokStocks (@TokStocks) March 20, 2024
Thank you @minedeveloper for your time - you'll want to… pic.twitter.com/wWhayyKVFU
Today, West Red Lake Gold Mines (WRLG.v WRLGF) closed a $US22,340,000 Gold Linked Notes Offering: https://westredlakegold.com/west-red-lake-gold-closes-us22340000-of-gold-linked-notes-offering/
Great article on WRLG investor and Billionaire, Frank Giustra's take on US national debut. “[It] t is rising by $1 trillion about every 100 days… Who thinks this is sustainable?"
https://www.marketscreener.com/quote/stock/WEST-RED-LAKE-GOLD-MINES-49477187/news/West-Red-Lake-Gold-WRLG-V-hits-5-5-Meters-25-12-g-t-as-U-S-Federal-Debt-Goes-up-1-Trillion-Eve-46150793/
If seasoned mining investor Frank Giustra sees the current gold rally as unique, it makes sense he's heavily invested in this gold junior that has indicated resource of 1.65M oz of gold grading 7.4 g/t Gold and an inferred resource of 0.37Moz of gold grading 6.3g/t: https://www.reddit.com/r/WallStreetbetsELITE/comments/1biuvo3/frank_giustra_warns_of_a_us_dollar_crisis_amid_a/
At the PDAC mining conference, WRLG's CEO discussed mining's allure & importance, stressing industry standards. He highlighted WRLG's focus on near-term production, the potential of their Madsen Gold Mine (1.65M oz Au @ 7.4 g/t Indicated), and his confidence in their ability to leverage assets⬇️
WRLG CEO Shane Williams seems like someone I'd like to have a glass of whiskey with! In this convo he talks about the impact of mentorship & talent development for finding success in the junior mining industry and shares WRLG's strategic growth prospects.
Great article here which features billionaire investor Frank Giustra's thoughts on the US' out of control national debut and puts WRLG.v in the larger context of the global economic landscape and evolving dynamics of the precious metals market.
https://www.marketscreener.com/quote/stock/WEST-RED-LAKE-GOLD-MINES-49477187/news/West-Red-Lake-Gold-WRLG-V-hits-5-5-Meters-25-12-g-t-as-U-S-Federal-Debt-Goes-up-1-Trillion-Eve-46150793/
"By focusing on undervalued gold stocks with exceptional assets and strong management teams, contrarian investors can position themselves for significant gains as the market recognizes their true value."
Insightful Streetwise Reports Summary on 321Gold's latest editorial that details the "Extraordinary Gold Story" found in West Red Lake Gold Mines (WRLG.v WRLGF), offering exceptional potential for hundred-fold returns: https://www.streetwisereports.com/article/2024/03/13/undervalued-opportunities-with-two-gold-stocks.html
Amid US Federal Debt increasing by $1 trillion every 100 days, West Red Lake Gold Mines (WRLG.v WRLGF) is focused on maximizing exploration dollars and building high-grade and high confidence ounces to de-risking Madsen deposit and restart the Madsen Mine: https://finance.yahoo.com/news/west-red-lake-gold-wrlg-130130900.html
Bob Moriarty's latest article highlights WRLG.v, focusing on its Madsen Gold Project's notable drill results and strategic management led by Shane Williams, arguing that WRLG, "is probably the easiest stock to call".
http://www.321gold.com/editorials/moriarty/moriarty031124.html
Insightful analysis of an extraordinary gold story from 321 Gold's Bob Moriarty: http://www.321gold.com/editorials/moriarty/moriarty031124.html
WRLG up on high volume today after announcing another round of positive drill results from its Madsen project earlier this week, including notable intercepts such as 25.12 g/t Au over 5.5m, 39.46 g/t Au over 2m, and 18.60 g/t Au over 4m.
https://westredlakegold.com/west-red-lake-gold-intersects-25-12-g-t-au-over-5-5m-39-46-g-t-au-over-2m-and-18-60-g-t-au-over-4m-at-south-austin-zone-madsen-mine/
Continuing on its uptrend, West Red Lake Gold Mines (WRLG.v WRLGF) made another significant step in de-risking the Madsen deposit with the recent intersection of 25.12g/t Au over 5.5m, 39.46 g/t Au over 2m and 18.60 g/t Au over 4m at the Mine's South Austin Zone: https://www.reddit.com/r/WallStreetbetsELITE/comments/1b6ocxe/today_west_red_lake_gold_mines_wrlgv_wrlgf/
WRLG.v strikes gold at its past-producing Madsen Mine in Ontario's Red Lake Gold District. High-grade intercepts like 25.12 g/t Au over 5.5m highlight the potential of the proj's South Austin Zone. Continued exploration aims to build on WRLG's inventory of high-confidence ounces.
Full breakdown here:
https://www.reddit.com/r/PennyCatalysts/comments/1b8fz8c/west_red_lake_gold_mines_ltd_continues_to_strike/
With the latest intersection of 25.12g/t Au over 5.5m, 39.46 g/t Au over 2m and 18.60 g/t Au over 4m at the Madsen Mine's South Austin Zone, West Red Lake Gold Mines (WRLG.v WRLGF) has made another significant step in de-risking the deposit ahead of restarting the Madsen Mill: https://www.reddit.com/r/EducatedInvesting/comments/1b8ep2t/west_red_lake_gold_mines_wrlgv_wrlgf_turnaround/
WRLG continues to strike gold at its Madsen Mine, w/ high-grade intercepts like 39.46 g/t Au over 2m @ the project's South Austin Zone.
The company aims to build on its inventory of high-confidence ounces for the Madsen mill restart, with plans to focus on higher-grade zones in 2024.
https://westredlakegold.com/west-red-lake-gold-intersects-25-12-g-t-au-over-5-5m-39-46-g-t-au-over-2m-and-18-60-g-t-au-over-4m-at-south-austin-zone-madsen-mine/
West Red Lake Gold Mines (WRLG.v WRLGF) made another significant step in de-risking the Madsen deposit with the recent intersection of 25.12g/t Au over 5.5m, 39.46 g/t Au over 2m and 18.60 g/t Au over 4m at the Mine's South Austin Zone: https://www.reddit.com/r/WallStreetbetsELITE/comments/1b6ocxe/today_west_red_lake_gold_mines_wrlgv_wrlgf/
Today, West Red Lake Gold Mines (WRLG.v WRLGF) reported the latest drill results from its 100% owned Madsen Mine which saw the intersection of 25.12g/t Au over 5.5m, 39.46 g/t Au over 2m and 18.60 g/t Au over 4m at the South Austin Zone: https://westredlakegold.com/west-red-lake-gold-intersects-25-12-g-t-au-over-5-5m-39-46-g-t-au-over-2m-and-18-60-g-t-au-over-4m-at-south-austin-zone-madsen-mine/
WRLG.v up on high vol today after announcing it has upsized its PP of shares and gold-link notes from $20M to $23M USD due to high demand.
https://westredlakegold.com/west-red-lake-gold-announces-upsize-to-previously-announced-private-placement/
News from West Red Lake Gold Mines (WRLG.v WRLGF) today, announcing the upsizing of its previously announced private placement to US$23M from US$20M due to strong demand: https://www.globenewswire.com/news-release/2024/03/01/2838921/0/en/West-Red-Lake-Gold-Announces-Upsize-to-Previously-Announced-Private-Placement.html
Frank Giustra, who already holds 11.07% of the outstanding Common Shares, indicated his intent to participate in the Offering by subscribing for 3,700 Units, representing US$3.7M in gross proceeds.
WRLG.v, operating the past-producing Madsen Mine in Canada's Red Lake district (indicated mineral resource = 1.65 Moz gold, avg 8.9 g/t) aims to raise $20M through a gold-linked notes PP. Billionaire mining investor Frank Giustra expected to contribute $3.7M
https://westredlakegold.com/west-red-lake-gold-announces-a-us20-million-private-placement-of-gold-linked-notes/
WRLG.v just announced plans to raise US$20M to advance its Madsen Gold Mine. The financing involves selling gold-linked notes, indicating confidence in future gold production. WRLG advisor & billionaire mining mogul, Frank Giustra, plans to contribute US$3.7M.
https://westredlakegold.com/west-red-lake-gold-announces-a-us20-million-private-placement-of-gold-linked-notes/
Interesting read on JP Morgan's latest call that gold is headed for a 'breakout' rally, projected to hit an all-time high of US$2,300 by 2025: https://www.reddit.com/r/MoonBets/comments/1b1heeh/gold_to_hit_alltime_high_of_us2300_by_2025/
The post also highlights a top 50 TSX Venture Exchange company that's focused on exploration and development in the prolific Red Lake Gold District in Ontario with a combined gold resource of 6.9M tonnes indicated at a grade of 7.4 g/t and 2.8M tonnes inferred at 9.2 g/t
WRLG recently shared new gold intersections from its Madsen Mine in Ontario's Red Lake Gold District, underscoring the potential for substantial resource growth & economic mine restart
https://www.reddit.com/r/Inflation_Investment/comments/1axlatu/wrlgv_recognized_among_top_50_in_mining_by_tsx/
WRLG.v was recognized as one of the TSXV's top 50 mining companies, based on its strong 2023 performance metrics. CEO Shane Williams emphasized WRLG's focus on expanding Madsen Gold Mine and is excited about the prospects of establishing a leading Canadian gold mining company. W/ this WRLG closed up 6% today.
Breakdown here⬇️
https://www.reddit.com/r/PennyStocksCanada/comments/1axlahj/west_red_lake_gold_mines_wrlgv_recognized_as_top/
Interesting post here on billionaire Frank Giustra's calls for Canadian pension funds to boost investments in the domestic resource sector which also highlights WRLG, a gold exploration/development company he is invested in and an advisor for. WRLG is working to define high-confidence ounces to restart the gold mill at its flagship Madsen Gold Project as soon as 2025.
https://stockhouse.com/companies/bullboard/v.wrlg/west-red-lake-gold-mines-ord-shs?postid=35889934
Today, WRLG was recognized as a top 50 TSX Venture Exchange company in the Mining category: https://westredlakegold.com/west-red-lake-gold-recognized-as-a-top-50-tsx-venture-exchange-company/
The 2024 TSX Venture 50 highlights the strongest performances on the TSX Venture Exchange over the last year, recognizing the strongest performance on the exchange based on three equally weighted criteria: market capitalization growth, share price appreciation and trading volume for the year ended December 21, 2023
Insightful post on the importance of preserving Canada's mining sector from Frank Giustra that highlights a gold junior with a resouce of 6.9M tonnes indicated at a grade of 7.4 g/t that he is heavily invested in: https://www.reddit.com/r/CanadaFinance/comments/1avwkg3/the_importance_of_preserving_canadas_mining/
VP of Exploration at WRLG.v discusses 2023 exploration progress and 2024 strategy on KE Report Podcast. Extensive drilling was done at Rowan Project and the Madsen Project saw a high-grade gold discovery. WRLG 2024 plans include step out drilling, focusing on West and East Zones, with the aim of optimizing Madsen in preparation for potential mine restart. Breakdown here: https://www.reddit.com/r/PennyStocksCanada/comments/1aqx4dx/exploring_west_red_lake_golds_wrlgv_2023/
On the heels of a successful 2023 exploration season which saw the discovery of a new area of high-grade mineralization which extended the current resource to the northeast, I'm eager to see gold junior execute on its 2024 strategy: https://www.reddit.com/r/WallStreetbetsELITE/comments/1aqvou1/korelin_economics_report_interview_west_red_lake/
Energy/Natural Resources Minister Wilkinson seeks to accelerate critical #mineral mine development by streamlining permits, aiming to reduce the timeline from 12-15 years to just 5
https://www.reuters.com/markets/commodities/canada-accelerate-critical-mineral-mining-energy-minister-2024-02-13/
This strategic move could significantly benefit Canadian mineral exploration firms, especially ones like WRLG.v, which is amining to start producing gold as soon as 2025.
Followers
|
10
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
459
|
Created
|
07/11/11
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |