West Red Lake Gold Mines Ltd (WRLGF)

$0.72 +0.01 (2.02%)
Market Cap N/A
Revenue (ttm) 0.00
Net Income (ttm) 0.00
EPS (ttm) N/A
PE Ratio N/A
Forward PE N/A
Profit Margin 0.00%
Debt to Equity Ratio N/A
Volume 1,998,200
Avg Vol 974,872
Day's Range N/A - N/A
Shares Out N/A
Stochastic %K 55%
Beta N/A
Analysts Strong Buy
Price Target N/A

Company Profile

West Red Lake Gold Mines Ltd. acquires, explores, evaluates, and develops gold properties in Canada. It holds interests in the Rowan property with 146 claims covering 3,100 hectares located in the Red Lake gold district of Northwestern Ontario, Canada. The company was formerly known as DLV Resources Ltd. and changed its name to West Red Lake Gold Mines Ltd. in December 2022. West Red Lake Gold Mines Ltd. is based in Vancouver, Canada.

Industry: Gold
Sector: Basic Materials
Phone: 604-609-6132
Address:
595 Burrard Street, Suite 3123, Vancouver, Canada
TexasMarvL
TexasMarvL Oct. 10 at 1:09 AM
$WRLGF The chart seems mixed up right now with all the extra volume in the last few weeks. It is very interesting to watch. Feb-14-peak, 15 weeks to June-03-peak. June-03-peak, about 15 weeks to September-12-peak. If we add 15 weeks to September 12th, that is right on top of the Christmas Holidays. There is a lot of extra volume right now cresting extra noise in the chart. I expect plenty of news releases between now and Christmas to create more noise. With a new gold producer like WRLGF and rising gold prices, we should see a bullish move that breaks through the historical channel the stock is currently in right now. Does that bullish move happen before Christmas or after Christmas?
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TexasMarvL
TexasMarvL Oct. 10 at 12:15 AM
$WRLGF New video about the recent drill results from the Austin Zone. https://youtu.be/GQdXWV9l4FY?si=RfIufXUtPvu0eRlB
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TexasMarvL
TexasMarvL Oct. 9 at 3:08 PM
$WRLGF This is the Main Austin zone. Previous high grade announcements were about the South Austin Zone. https://westredlakegold.com/west-red-lake-gold-hits-new-high-grade-gold-lens-in-lower-main-austin-with-139-45-g-t-au-over-7-8m-74-70-g-t-au-over-8-7m-and-18-31-g-t-au-over-7-5m/
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Wengreen
Wengreen Oct. 9 at 3:01 PM
$WRLGF good video, nice to hear an explanation on recent moves and good news today for sure
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StreetwiseReports
StreetwiseReports Oct. 8 at 7:06 PM
Gold Stock Ramps Up Production as Prices Hit New High https://ow.ly/i1Np50X8Jj5 Gold prices surged to record highs in October as West Red Lake Gold Mines Ltd. ($WRLG.V; $WRLGF:OTCQB; FRA:UJO) advanced ramp-up efforts at its Ontario mine. Read how the company poured 7,055 ounces in Q3 and raised CA$40.65 million to support ongoing development at Madsen and Rowan.
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Splendid888
Splendid888 Oct. 8 at 4:34 PM
$WRLGF that was a very confidence building video from gwen. i just doubled my position
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TexasMarvL
TexasMarvL Oct. 8 at 12:28 PM
$WRLGF New video from Gwen. https://youtu.be/39nz9s5nU_k?si=WwnXT7FjMwakTCVq
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TexasMarvL
TexasMarvL Oct. 8 at 10:39 AM
$WRLGF Gold just passed $4000 this morning. West Red Lake Gold might be the best value in the gold producers space.
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TexasMarvL
TexasMarvL Oct. 7 at 9:48 PM
$WRLGF Since early May the charts show a lot of resistance on both sides of a range between $0.645 to $0.65 Maybe today the stock price found a bottom at $0.645 and we are heading back up.
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TexasMarvL
TexasMarvL Oct. 7 at 12:32 PM
$WRLGF Very positive Q3 update. Ramp-up is progressing nicely. https://westredlakegold.com/west-red-lake-gold-reports-third-quarter-operations-update-for-madsen-mine-ramp-up/
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Latest News on WRLGF
No data available.
TexasMarvL
TexasMarvL Oct. 10 at 1:09 AM
$WRLGF The chart seems mixed up right now with all the extra volume in the last few weeks. It is very interesting to watch. Feb-14-peak, 15 weeks to June-03-peak. June-03-peak, about 15 weeks to September-12-peak. If we add 15 weeks to September 12th, that is right on top of the Christmas Holidays. There is a lot of extra volume right now cresting extra noise in the chart. I expect plenty of news releases between now and Christmas to create more noise. With a new gold producer like WRLGF and rising gold prices, we should see a bullish move that breaks through the historical channel the stock is currently in right now. Does that bullish move happen before Christmas or after Christmas?
0 · Reply
TexasMarvL
TexasMarvL Oct. 10 at 12:15 AM
$WRLGF New video about the recent drill results from the Austin Zone. https://youtu.be/GQdXWV9l4FY?si=RfIufXUtPvu0eRlB
0 · Reply
TexasMarvL
TexasMarvL Oct. 9 at 3:08 PM
$WRLGF This is the Main Austin zone. Previous high grade announcements were about the South Austin Zone. https://westredlakegold.com/west-red-lake-gold-hits-new-high-grade-gold-lens-in-lower-main-austin-with-139-45-g-t-au-over-7-8m-74-70-g-t-au-over-8-7m-and-18-31-g-t-au-over-7-5m/
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Wengreen
Wengreen Oct. 9 at 3:01 PM
$WRLGF good video, nice to hear an explanation on recent moves and good news today for sure
0 · Reply
StreetwiseReports
StreetwiseReports Oct. 8 at 7:06 PM
Gold Stock Ramps Up Production as Prices Hit New High https://ow.ly/i1Np50X8Jj5 Gold prices surged to record highs in October as West Red Lake Gold Mines Ltd. ($WRLG.V; $WRLGF:OTCQB; FRA:UJO) advanced ramp-up efforts at its Ontario mine. Read how the company poured 7,055 ounces in Q3 and raised CA$40.65 million to support ongoing development at Madsen and Rowan.
0 · Reply
Splendid888
Splendid888 Oct. 8 at 4:34 PM
$WRLGF that was a very confidence building video from gwen. i just doubled my position
0 · Reply
TexasMarvL
TexasMarvL Oct. 8 at 12:28 PM
$WRLGF New video from Gwen. https://youtu.be/39nz9s5nU_k?si=WwnXT7FjMwakTCVq
0 · Reply
TexasMarvL
TexasMarvL Oct. 8 at 10:39 AM
$WRLGF Gold just passed $4000 this morning. West Red Lake Gold might be the best value in the gold producers space.
0 · Reply
TexasMarvL
TexasMarvL Oct. 7 at 9:48 PM
$WRLGF Since early May the charts show a lot of resistance on both sides of a range between $0.645 to $0.65 Maybe today the stock price found a bottom at $0.645 and we are heading back up.
0 · Reply
TexasMarvL
TexasMarvL Oct. 7 at 12:32 PM
$WRLGF Very positive Q3 update. Ramp-up is progressing nicely. https://westredlakegold.com/west-red-lake-gold-reports-third-quarter-operations-update-for-madsen-mine-ramp-up/
0 · Reply
TexasMarvL
TexasMarvL Oct. 4 at 12:56 PM
$WRLGF WRLGF never provided "official" production numbers for August. All the company provided was a "Streetwise Report" that the company pays for. I'm just a retail investor reading the report and digging the numbers out of all the details. Maybe I'm wrong. However, the biggest news in September was the company raised $41 Million to "top off" their push to sustainable production which they plan to announce in Q1 2026. There was a lot of resistance to break through $0.70 a few weeks ago. Then 2 years of resistance to break through $0.75. My guess is the stock price will struggle between $0.65 and $0.75 until January. The share dilution knocked the share price back down below the huge resistance levels at $0.70 and $0.75 Just my opinions. I'm an investor here. Long-term this should be a great investment. But you will need to wait for full production.
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TexasMarvL
TexasMarvL Oct. 4 at 12:39 PM
$WRLGF What does all this mean about WRLGF? Can WRLGF be profitable? This is my opinion. I'm just a retail guy. But this is not difficult to understand. Even if August production was a somewhat terrible 2650 ounces. What was the potential cash revenue from August? Almont $9 million probably. It seems like a couple hundred ounces from July were not sold in July. Maybe those sold in August? I don't know. Add another $500,000 if those 200 ounces sold in August. 2,650 × US$3,350 = US$ 8,877,500 With today's gold prices, how many ounces of gold per month are required for West Red Lake Gold to be profitable? 3500? 4000? Once ramp-up is complete, this is probably a very low bar for success. Just running a few numbers. 3,000 × $4000 = $12 million 3,500 × $4000 = $14 million 4,000 × $4000 = $16 million Any of these production numbers represent a very low bar for success for WRLGF. This is just my retail opinion.
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TexasMarvL
TexasMarvL Oct. 4 at 12:25 PM
$WRLGF This was not an official announcement but the company pays for these reports. The company shared this report recently. The production numbers were somewhat hidden in all the words and best I can determine, August production was below expectations. These were the numbers i found in the report. 5350 oz from January - June 3800 oz in July 11800 oz "Between January and August". If my math is correct then August production was possibly in the 2650 range. Again, WRLGF has not provided official numbers for August. https://www.streetwisereports.com/article/2025/09/26/gold-miner-secures-ca-41m-to-advance-ontario-projects.html
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LarryLink
LarryLink Oct. 3 at 12:29 PM
$WRLGF i moved out of this stock a while back bec i felt they were desperate for cash and were in the business of diluting shareholder value. I moved into SILJ. Since the move i am up 15 percent while this stock is down from my sell price about 12 percent. I still have this on my radar, but disappointed on its performance. My last email to the company received no response back.
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TexasMarvL
TexasMarvL Oct. 2 at 2:38 PM
$WRLGF It looks like retail investors have lost trust in management's narrative cimpared to the lack of recent production updates. Selling more shares in this rich gold market has not been explained well enough by management. Personally, I still like WRLGF for the long-term. However i will admit it is painful to hold WRLGF in this gold market when so many other gold stocks are rewarding investors right now. Just my 2 cents.
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StreetwiseReports
StreetwiseReports Oct. 1 at 6:59 PM
Gold Co. Raises Funds to Achieve Commercial Production https://ow.ly/jqNp50X5ens West Red Lake Gold Mines Ltd. aims to reach this state by Q1/26 at its flagship Madsen project and intends to use another portion of the financing proceeds to advance its Rowan project to a prefeasibility study, noted a Cantor Fitzgerald report. $WRLG.V $WRLGF
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TexasMarvL
TexasMarvL Oct. 1 at 3:08 AM
$WRLGF What if gold hits $4000 and stays above $4000 for all of 2026?? WRLGF is guiding towards 70,000 ounces per year. 72,000 is 6000 per month. 72 000 × $4000 = $288,000,000 $288,000,000 × 6 = $1.728 Billion $288,000,000 × 8 = $2.34 Billion Assume 550 million shares. That is $3 to $4.5 per share. In this gold market the math works for this little company!! It is so easy to overthink the short-term price fluctuations. This one is not that difficult to understand. Buy and hold.
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BigShmoneyHoney
BigShmoneyHoney Sep. 30 at 10:39 PM
$WRLGF West Red Lake Gold is executing a textbook turnaround at the Madsen Mine Rare Supply Story: New gold mines are scarce. WRLG is among the few juniors actually bringing fresh production online. Smart Acquisition: Madsen was acquired at a discount and is being methodically restarted with enhanced drilling, new infrastructure, and strong financial backing (Sprott, Giustra). Fixing the Past: Denser drilling, better mine planning, and upgrades like the 1.4 km Connection Drift address the issues that hampered past operators. Growth Roadmap: Production ramping toward ~70,000 oz annually, with upside from Rowan and Fork deposits. Longer-term, WRLG is building a hub-and-spoke Red Lake platform with >100,000 oz/yr potential. The Setup 9,550 oz produced YTD (Jan–Jul 2025). Mill recommissioned, ramping toward steady-state. C$41M raise just completed, providing cushion for ramp-up, growth projects, and M&A. https://www.reddit.com/r/10xPennyStocks/comments/1nuqzg5/west_red_lake_gold_mines_breathing_new_life_into/
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TexasMarvL
TexasMarvL Sep. 28 at 2:26 PM
$WRLGF With today's gold prices, how many ounces of gold per month are required for West Red Lake Gold to be profitable? 3500? 4000? Once ramp-up is complete, this is probably a very low bar for success. Just running a few numbers. 3,000 × $3,750 = $11,250,000 3,500 × $3,750 = $13,125,000 4,000 × $3,750 = $15 million
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StreetwiseReports
StreetwiseReports Sep. 26 at 6:28 PM
Gold Miner Secures CA$41M to Advance Ontario Projects https://ow.ly/CFYx50X32NC West Red Lake Gold Mines Ltd. raised CA$41 million to advance production at the Madsen Mine and exploration at Rowan. Read how the financing supports growth amid high gold prices, strong grades, and renewed analyst support. $WRLG.V $WRLGF
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TexasMarvL
TexasMarvL Sep. 26 at 1:31 PM
$WRLGF New video from 7 days ago. First time I've heard this guy speak. https://youtu.be/0r5Z9q4nb5I?feature=shared
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TexasMarvL
TexasMarvL Sep. 24 at 9:23 PM
$WRLGF What happened to the monthly production updates? How many ounces of gold were produced and sold in August?
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