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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
Post by BrandyBoothon Feb 01, 2020 11:24am
157 Views
Post# 30629039

Bigger picture

Bigger pictureNice thoughts there Jefe.

Now I am a bigger picture type guy and a new bar shareholder. How do I profit the most out of this, and what is best for both wm and bar shareholders. So Im thinking, what is better than getting taken out once? Well, taken out twice is even better. Wm has the gold and the management, bar has the vast tract of surrounding ground. So, first wm takes out bar and then wm gets taken out by kl. All share deals. At a premium of course. Two premiums is better than 1. For me. And Eric.

Now wm shareholders might say bar shareholders are nothing but a bunch of piggy backing bums. I will give you that one. But think of it this way, you arent paying for the takeover in the end. Its kl that is paying for it. So tying up all the ground makes sense. 

Brandy.
Bullboard Posts