WRLGF West Red Lake Gold Mines Ltd Loading...

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21:00
Jul 22
Shane Williams CEO, West Red Lake Gold The David Lin Report
Production ramp-up to double WRLG share price.
West Red Lake Gold is in production ramp-up with strong Q2 results showing 51% higher production and 73% more mined ounces over Q1. The company is on track to deliver 35-45k oz this year and targets 60k oz next year without new capex. A prefeasibility study in September will outline a path to 100-120k oz/year. The stock is deeply discounted after Q1 results and the general gold sentiment sell-off, and the CEO expects the share price to return to the $1.30-1.50 range quickly and potentially double over the next 16 months.
WRLGF 1ST
HIGH

About WRLGF Analyst Coverage

Buzzberg tracks WRLGF (West Red Lake Gold Mines Ltd) across 1 sources. 1 bullish vs 0 bearish calls from 1 analysts. Sentiment: predominantly bullish (100%). 1 total trade idea tracked. Past 7 days: 1 bullish. Latest voices: Shane Williams.