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West Red Lake Gold Mines (TSXV: WRLG) - Interview

A Quarterly Update Interview with Gwen Preston, Vice President of Investor Relations at West Red Lake Gold Mines.

INTERVIEWSFEATURED

Keir Reynolds

9/5/20242 min read

In this episode of TokStocks, we sit down with Gwen Preston, Vice President of Investor Relations at West Red Lake Gold Mines (TSXV: WRLG), for an in-depth quarterly update. Gwen shares key insights into West Red Lake Gold's recent project milestones, upcoming mine restart, and strategic goals for the coming months. We also dive into the broader gold sector, exploring trends, mergers, and how rising gold producer cash flows could ignite interest in junior miners. Don’t miss this informative discussion on what’s ahead for West Red Lake Gold and the potential opportunities for investors.

In my very humble opinion, this company needs to answer two important questions for it to see more upside in its share price:

  1. Finish raising all the capital they need to reach a formal mine restart. How much additional capital is needed and in what form?

  2. Complete a couple of quarters of actual production - are the real encountered grades and mining costs, as projected?

🌐 Learn more about West Red Lake Gold Mines: https://westredlakegold.com/
📲 Follow WRLG for more updates: https://x.com/WestRedLakeGold

👍 Like, comment, and subscribe to TokStocks Podcast for more exclusive interviews with industry leaders.

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Chapters for your viewing pleasure:

00:00 - Introduction and Company Overview
03:17 - Short-term Catalysts and Market Cap
04:13 - Transitioning to a New Role
06:45 - Summer Events and the Macro Update on the Gold Sector
10:00 - Trends and Observations in the Gold Sector
13:20 - Increase in Cash Flows for Producers and Interest in Junior Mining Stocks
16:37 - M&A Activity and its Implications
19:33 - The Golden Runway and the Second Half of the Lausanne Curve
24:34 - Update on West Red Lake Goldmines
25:58 - Informing a Pre-Feasibility Study for the Madsen Mine
27:24 - Surface Drilling and Exploration for Increased Production
29:13 - Capital Projects Underway to Enhance Operations
30:39 - Accessing Final Capital and Restarting the Mine
34:02 - Focus on Shareholder Returns and Leverage to Gold Price
37:07 - Engaging with Investors and Analysts
50:20 - Attending Conferences to Promote the Company

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Vested One Media Inc., owner and host of the TokStocks Podcast, is a financial media company that connects retail investors with market commentary, usually privy to institutions, such as CEO interviews and insights into the markets, sectors and deal flow that could deliver massive potential gains.

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Disclaimer:
We are NOT licensed financial advisors. Instead, we operate as a media and technology entity. Our content serves informational purposes only and should NOT be construed as an endorsement or investment recommendation. Some companies featured in our YouTube content and events may compensate us. Additionally, we might hold stock in the companies we discuss. Our investment strategy may involve buying shares with the intention of selling them at a profit. We reserve the right to buy or sell shares in any featured company without prior notice or updates. It's imperative to consult with a qualified financial advisor before making any investment decisions.

We have NOT be paid or compensated for this interview and are not receiving compensation of any kind from West Red Lake Gold Mines (TSXV: WRLG) but we are shareholders and may look to increase or decrease our position without warning.

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