West Red Lake Gold: The Madsen Mine and the Golden Runway
Автор: Capital 10X
Загружено: 2024-11-13
Просмотров: 3421
West Red Lake Gold (TSXV: WRLG) (OTCQB: WRLGF) sits in the sweet spot of the Lassonde Curve for mining investment: The Golden Runway.
Deal of the Decade ⚒️
CEO Shane Williams views the acquisition of the Madsen Mine as the deal of the decade in gold mining. The mine was bought for $6.5 million in cash; West Red Lake Gold acquired a mine with $350 million of capital investment and 1.7 million ounces of gold at 7.4 g/t indicated. The mine is rapidly progressing for a targeted restart in 2H 2025.
The Golden Runway 📈
Gwen Preston, Vice President Communications outlines the opportunity ahead for investors in WRLG, the Madsen Mine sits in the sweet spot of the Golden Runway of the Lassonde Curve.
The Golden Runway has historically been a very good indicator of operational success and attractive returns for investors. Over 92% of the companies in the Golden Runway reach production and the average stock return over that period is 111%.
Capital 10X Infographic and Company Overview: https://capital10x.com/west-red-lake-...
West Red Lake Gold: https://westredlakegold.com/
About Capital 10X:
Capital 10X is your source for deeply researched, clearly articulated investment ideas in the metals and mining industry. We analyze company earnings, interview management teams and help teach the fundamentals of how to identify good companies. capital10x.com
West Red Lake Gold is a market awareness client of Capital 10X.
#mining #gold #goldmining
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