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Wallbridge Mining Co Ltd. T.WM

Alternate Symbol(s):  WLBMF

Wallbridge Mining Company Limited is a Canada-based company, which is focused on exploration and sustainable development of gold projects. The Company’s flagship project, Fenelon Gold (Fenelon), is located on the highly prospective Detour-Fenelon Gold Trend Property in Quebec’s Northern Abitibi region. The Company’s Martiniere project is located approximately 110 kilometers (km) west of the town of Matagami and 150 km north of Amos, Quebec, Canada. The Company’s Beschefer project covers 6.47 square kilometers (km2) and is located 28 km southwest of the Fenelon Gold project. The Company also holds a 19.9% interest in the Archer Exploration Corp. (Archer). Archer holds a portfolio of nickel assets in Ontario and Quebec.


TSX:WM - Post by User

Bullboard Posts
Comment by canusaon Jan 20, 2010 7:48pm
370 Views
Post# 16701878

RE: RE: RE: WM owns 11.4% of DM

RE: RE: RE: WM owns 11.4% of DMThanks KW, It does make sense but I am just curious how you put a value on that much cash. Seems to me it should be worth some kind of premium above and beyond what DM value would be. Also I have noticed in the past WM is stricting being valued for their DM holdings and not all of their other properties. Doesn't seem to make sense. They are the 3rd biggest land holder in Sudbury. If one of their properties come through this could get very interesting...Seems they need to do a better job of promoting this company. Hopefully that will change going forward with all the attention DM will get in the future.
Bullboard Posts