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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 acer5500on Apr 24, 2019 1:23pm
157 Views
Post# 29664900

RE:Sold my shares a while back

RE:Sold my shares a while backhi everyone,  been trading and investing for 20 years in wm.  back in the day they were an exploration company, purchasing assets , finding gold and then optioning them off for royalties.
today is different as they shift into minning and selling of the asset,  of course unless we get a great buyout offer.  building a mine or expanding on any succesful resource requires 400 million shares plus.  you can not build a succesful minning company with 100 million shares.  take a look at all the big boys as an example.  goldcorp etc.... barrick... kL.  dilution was from the past . theres been no dilution for a long time. bottom line you dont sell something good, or dilute at a low share price. sprott 24 cent placement will dissapear.
GLTA
Bullboard Posts