← Signals · Mining · TSXV
$WRLG
West Red Lake Gold Mines Ltd.
Signal as of October 14, 2026  ·  90-day rolling window  ·  Mining
Confluence Score
55
out of 100  ·  Full breakdown →
Score delayed 7 days on Free  ·  See today's score — Analyst →
Signals scoring 40–59 have historically hit 41% of the time (avg +7.1% over 90 days, 4424 backtested signals). Methodology →
🔒 Risk monitoring — insider-selling & reversal warnings (Analyst)
📅 Buying into earnings — Nov 24 (34d)
Confluence Score
55
Insider Activity (90d)
1
1 buyer  ·  $30K  ·  open-market only
Current Price
$0.69
CAD  ·  5-min cache
Market Cap
$287M
CAD  ·  TMX
Lobbying & Contracts
None
0 regs  ·  0 contracts
Mining on Form55: 64% hit rate · +7.3% alpha vs XIU.TO · 222 closed signals Track Record →
★
Signal Analyst
The Confluence Score and insider trade feed above are free. Signal Analyst adds the full component breakdown, lobbying registrations, and contract wins — plus alerts when this company's signal moves, so you don't have to keep checking back.
Monitor — CAD $29/mo
Price Chart
12 months daily  ·  TSXV:WRLG
Insider Transactions
90-day window  ·  1 filing
Date Insider Role Nature Dir. Shares Buy Price Return Value
Oct 02, 2026 Billan, Jason — Open Market Buy 40,100 $0.75 -8.0%  · 19d $30K
Score uses open-market buys only  ·  1 open-market  ·  Return is unrealized, to today's price; a “· Nd” mark means the 90-day window is still open (N of 90 days) — too early to judge.
Score Breakdown
Signal Analyst  ·  $29/mo
Component Points Max Detail Weight
Conviction (unique buyers)  ✓ FREE PREVIEW 30 30 1 unique buyer (maximum conviction)
Buy/sell ratio 20 100% buys (1B / 0S)
Dollar value 25 $30K
Lobbying activity 15 None
Contract wins 10 None
Insider track record 10 No track record data
Private placements 8 None
Confluence bonus 10 None
Cluster timing (velocity) 10 No coordinated buying cluster detected
Buy/sell reversal pattern 8 No buy/sell reversal pattern
Total 55 100
Unlock Component Detail — CAD $29/mo
Buying Insiders
Open-market · 90 days · 1 unique buyer
Insider Credibility Hit Rate Avg 90d Return Trades (eval'd) Buy Value (90d) Last Buy
Billan, Jason — — — — $30K Oct 02, 2026
Credibility score: historical hit rate × avg 90d return × sample size. View full insider leaderboard →
Lobbying Registrations
OCL active  ·  none found
No active OCL lobbying registrations in the last 90 days. Analyst plan →
Government Contract Wins
90-day window  ·  none found
No government contract wins in the last 90 days. Analyst plan →
Private Placements
12 months  ·  Signal Analyst  ·  $29/mo
Private placement history, deal size, and lock-up expiry tracking. Analyst plan →
Indigenous Consultation
1 project  ·  1 IBA signed
Project Status Province Nations Involved IBA Phase
Madsen Mine IBA Signed ON Lac Seul First Nation, Wabauskang First Nation ✓ 2019 Operating (commercial production Jan 2026) — Project Partnership Agreement in place
The Madsen/Rowan projects are within Treaty #3 and the traditional territories of Lac Seul and Wabauskang First Nations. A Project Agreement was first signed in July 2019 (Pure Gold Mining + the two Nations); West Red Lake Gold maintains the resulting Project Partnership Agreement and a Madsen Citizens Committee. Commercial production was declared Jan 1, 2026.
Sources: IAAC registry, company press releases, CanLII court decisions. Last reviewed: June 25, 2026. Data curated manually — submit corrections to signals@form55.ca.
SEDAR+ Filings
12 months  ·  1 filing
Date Document Type
Jul 22, 2026 43-101 Technical Report under NI 43-101 View →
Short Interest
CIRO  ·  Sep 30, 2026
Shares short
18,993,415
Net change
+774,152 (+4.2%)
History
Sep 30: 18,993,415
Sep 15: 18,219,263
Aug 31: 18,206,226
Aug 15: 18,641,546
Jul 31: 19,604,156
Jul 15: 18,460,389
Aggregate short position from CIRO's Consolidated Short Position Report (published twice monthly).
Boardroom Connections
11 insiders also active elsewhere
Insider Other boards Also an insider at
Giustra, Frank 6 FEO (60), CGNT (45), NEXG (44), KG (41), AGAG, MCF
Teevan, Derek 2 NBY (45), NICU (10)
Agro, Hugh 2 PA (55), RVG
Van Egmond, Robert Adrian 2 CGNT (45), DV
Dhaliwal, Harpreet Kaur 1 NXE (10)
Middlemiss, Duncan Kenneth 1 ODV (27)
Meredith, Thomas W. 1 GRDM (55)
Kaloti, Jasvir Kaur 1 KG (41)
Preston, Gwendolyn 1 ONYX (36)
Halsall-Whitney, Hayley 1 BYN
Williams, Shane (name match?) 2 SKE (79), LG (45)
People who file as insiders here and at other TSX/TSXV companies (number in brackets = that company's Confluence Score). A well-connected insider taking a seat at a new junior can be an early tell. Matched by name across SEDI filings; funds and 10%+ holders excluded.
Notable Investors
1 on the register
Frank Giustra Financier
Founder of the Fiore Group; early backer of Wheaton Precious Metals and Endeavour Mining.
4 open-market buys · $433K · last Oct 2023
People on a hand-curated roster of notable Canadian resource financiers & company-builders who appear on this company's public SEDI insider register. Their participation can be a conviction tell. Display-only context, not a Confluence Score input. See all notable investors →
Form55 provides data and analysis for informational purposes only. Nothing on this site constitutes investment advice or a recommendation to buy or sell any security. Past performance is not indicative of future results.