This summary was created by AI, based on 1 opinions in the last 12 months.
The experts believe that West Red Lake Gold Mines had initial problems with rushing the new mine construction and capitalization but are now re-capitalizing the mine and addressing geological issues. They see the potential for the company to restart the mine and make it more profitable, especially with the rising price of gold supporting the venture.
Principal asset went into bankruptcy. A very determined friend of his is involved, and this gives him hope about the consolidation and re-invigoration of the district. Don't own it unless you have a long time perspective.
West Red Lake Gold Mines is a Canadian stock, trading under the symbol WRLG-X on the TSX Venture Exchange (WRLG-CV). It is usually referred to as TSXV:WRLG or WRLG-X
In the last year, 1 stock analyst published opinions about WRLG-X. 0 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for West Red Lake Gold Mines.
West Red Lake Gold Mines was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for West Red Lake Gold Mines.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered West Red Lake Gold Mines In the last year. It is a trending stock that is worth watching.
On 2024-12-03, West Red Lake Gold Mines (WRLG-X) stock closed at a price of $0.58.
They had problems building a new mine involving rushing it and not properly capitalizing it. He continues to hold it. Likes that they are re-capitalizing the mine and working out geological issues. They can re-start this mine and make it more profitable than their predecessor. The rising price of gold helps.