West Red Lake Gold Mines Ltd. Stock Price
- 2 Narratives written by author
- 6 Comments on narratives written by author
- 47 Fair Values set on narratives written by author
WRLG Community Narratives

If gold reaches $4,000 per oz

A case for CAD$ 11.28 (USD $8.30) by 2029
If gold reaches $4,000 per oz
West Red Lake Gold Mines – $4,000 Gold Scenario Assumptions Production: 100,000 oz/year AISC: $1,200/oz Gold Price: $4,000/oz Valuation Multiple: 10× FCF Shares Outstanding (assumed): 100M Step 1: Revenue Revenue = 100,000 oz × $4,000 = $400,000,000 Step 2: Costs Costs = 100,000 oz × $1,200 = $120,000,000 Step 3: Free Cash Flow (FCF) FCF = $400,000,000 – $120,000,000 = $280,000,000 Step 4: Market Cap (10× FCF) Market Cap = $280,000,000 × 10 = $2,800,000,000 Step 5: Stock Price Stock Price = $2,800,000,000 ÷ 100,000,000 = $28/share ✅ Conclusion: At $4,000/oz gold, 100k oz/year production, and $1,200/oz AISC, West Red Lake could trade around $28/share (based on 100M shares). ⚠️ With the actual 2025 share count (~343M basic / ~517M fully diluted) , the per-share price would be much lower.

A case for CAD$ 11.28 (USD $8.30) by 2029
Below is an analysis of West Red Lake Gold Mines Ltd. (TSXV: WRLG) assuming a successful restart of the Madsen mine and Rowan property, a precious metals bull market, and specific economic conditions.

Snowflake Analysis
West Red Lake Gold Mines Ltd. Key Details
About WRLG
- Founded
- n/a
- Employees
- n/a
- CEO
- Website
View website
West Red Lake Gold Mines Ltd. acquires, explores, evaluates, and develops gold properties in Canada. It holds interests in the Rowan property with 146 claims covering 3,100 hectares located in the Red Lake gold district of Northwestern Ontario, Canada. The company was formerly known as DLV Resources Ltd. and changed its name to West Red Lake Gold Mines Ltd. in December 2022. West Red Lake Gold Mines Ltd. is based in Vancouver, Canada.