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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 BigSwingson Dec 17, 2019 5:14pm
107 Views
Post# 30465830

RE:Is it too late to buy this?

RE:Is it too late to buy this?In my opinion, there would have to be a string of dry holes for it to get back to the 50 cent breakout point.  It already tested it once and now there's also a 57 cent "floor" from the last private placement.  I'm not one for telling people how to trade, but I thnk that your brokers advice is sound.  If you like it,buy it.  Don't worry about a few pennies.  That's for the traders to worry about.  If you're "wrong" in the short term and it goes down and you still like it and think the markets wrong, which many times it is because markets are inefficient, then you can buy more to average down.  That said, if it takes off as many of us on this board hope it does, your broker's right, at least you have half the position you wanted.  That's my 2 cents.  Good luck whatever you decide. 
Bullboard Posts