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VanTraders

@vantraders

Precious Metals Investor

Katılım Kasım 2013
87 Takip Edilen105 Takipçiler
VanTraders
VanTraders@vantraders·
@Mark_IKN Finally realized these guys are in a tough spot at the moment?
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Mark
Mark@Mark_IKN·
Took me until now, early Monday morning, to work out what's going on at West Red Lake Gold $WRLG.v. Woke up early, lay in bed, started thinking about it all from a different angle, suddenly all the pieces fell into place. Big report edit now required, out tonight.
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Klaas Vinckier
Klaas Vinckier@KlaasVinckier·
@Mark_IKN he even mentioned the SilverCrest comparison in the Quarter-call
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Mark
Mark@Mark_IKN·
He agrees. $WRLG.v (However, he didn't bother liking my comments on handing C$1.25m to Peter Schiff on a whim...he probably didn't read them...only possible explanation...)
Mark tweet media
Mark@Mark_IKN

Re West Red Lake $WRLG.v, i remember SilverCrest and the way its share price dumped July'23 after getting into the orebody & adjusting mine plan compared to the FS. Ppl worried about how WRLG went into Madsen on the back of a PEA only should reflect on how Las Chispas turned out.

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VanTraders
VanTraders@vantraders·
@DonDurrett @jerico5231 So doesn’t worry you that they are facing similar issues as PGM? They declared comercial production way too early, PGM head grade was much higher during ramp up.
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Don Durrett - goldstockdata.com
@jerico5231 We own WRLG for three events: 1) They increase production to 100K/year. 2) Sentiment improves for gold/silver miners. 3) Gold to reach $7000. All three will happen. Everything else is just noise.😉
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VanTraders
VanTraders@vantraders·
@Mark_IKN Could you explain how they had 45M at the beginning of Q1 and ended with 30M. Burning a ton of cash per month
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Mark
Mark@Mark_IKN·
One more thing about $WRLG.v and the 2026 guidance: The keyboard warriors telling you it's the Pure Gold debacle all over again can be ignored, and easily so. The only thing they're telling you is that they're stupid about how mining works. Without irony: The math is the math.
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VanTraders
VanTraders@vantraders·
@calvinfroedge Q1 they burned a ton of money so not cash flow positive. Once Q1 financials come out there will be another dip. If they can’t turn this around in Q2 they will have to go to the market for more financing.
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🏴‍☠️
🏴‍☠️@calvinfroedge·
All the whiny fags on $wrlg.v pissing on the grave of something that's at 5x 2026 earnings based on guidance with less than half of total ramp up complete It's a relatively large resource in a tier 1 jurisdiction where fuel isn't a concern Stop being impatient babies
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VanTraders
VanTraders@vantraders·
@PeterSchiff You gotta work harder with that 1+M you are getting paid. The stock is supposed to be going going the other way 🤣
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Peter Schiff
Peter Schiff@PeterSchiff·
Gold is reasserting itself as real money, and smart capital is moving early. West Red Lake Gold Mines Ltd. is hitting extraordinary high-grade intercepts at Madsen, rivaling historic discoveries in Red Lake. This is not speculation. It is the kind of geology that builds mines. While most are distracted by paper assets, disciplined investors are positioning themselves in emerging gold producers. WRLGF is one to watch: westredlakegold.com
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Mark
Mark@Mark_IKN·
Re West Red Lake $WRLG.v, i remember SilverCrest and the way its share price dumped July'23 after getting into the orebody & adjusting mine plan compared to the FS. Ppl worried about how WRLG went into Madsen on the back of a PEA only should reflect on how Las Chispas turned out.
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Mark
Mark@Mark_IKN·
Still can't believe $WRLG.v paid Peter Schiff C$1.25m. Freakin' idiots. Somebody buy @minedeveloper a book.
Mark tweet media
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VanTraders
VanTraders@vantraders·
@TheApeOfGoldST The market was promised something they could not deliver. Management in the hot seat
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TheApeOfGoldStreet
TheApeOfGoldStreet@TheApeOfGoldST·
The market didn’t like the $WRLG.v guidance. Looks like the Peter Schiff promo spend didn’t help when the fundamentals came in disappointing. Big money jumping out here.
TheApeOfGoldStreet tweet media
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VanTraders retweetledi
VanTraders
VanTraders@vantraders·
$wrlg.v @WestRedLakeGold getting dumped. Will management finally start buying in the open market or they don’t believe in their own project!
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VanTraders
VanTraders@vantraders·
And here we go. After a ton of insider selling and delays after delays $WRLG.V comes up with this….. @WestRedLakeGold
VanTraders tweet media
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Iñigo Ezponda
Iñigo Ezponda@inigoezponda·
$WRLG.V Glad I sold this as I am not a geologist and I decide to not over complicate myself. 1.2 mill cad wasted promotion in @PeterSchiff to try to rescue this 2026 guidance? It cannot be rescued.
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Iñigo Ezponda@inigoezponda

Btw, I invested a bit for a friend in $WRLG.V Bought at 0.8 2 months ago or so, don’t remember exactly. I sell it at 1.2 this week as there is a lot of uncertainty in that mine and is really difficult to operate it. Happy with the return and moving to other better r/r plays

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Vassago_Gold
Vassago_Gold@Vassago_Gold·
$WRLG.V 2026 Guidance
Vassago_Gold tweet media
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VanTraders
VanTraders@vantraders·
Got the popcorn ready waiting for @Mark_IKN comments on this .
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VanTraders
VanTraders@vantraders·
$WRLG.V @WestRedLakeGold Looks like someone in the know is heavily liquidating warrants and commons. Q1 update is probably pretty ugly and won’t meet Shane’s expectations of production of 50k ounces this year.
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