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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 BigSwingson Mar 12, 2020 5:22pm
145 Views
Post# 30801395

Back on Board

Back on BoardIt's very possible that I'll cut my hands on a falling knife, but if it holds, we should see a trading bounce from here. It could easily get down to 36, but my bet is that it retests the 52 cent support resistance line that it just fell through before deciding it's direction. I too think that we're going to have a generational buying opportunity in juniors. Usually, the bottom in junior explorers is fairly obvious with many opportunities to enter. That said, these initial pull backs have been so violent it may take a while to play out. I'm starting to trade some good names again now because everything is oversold. It doesn't mean that they can't get cheaper, but I sold this in the high 80's, so it's on sale for me right now. There still could be a black Friday blowout sale in the future, but I want to make sure that I get some now in case it bounces. GLTA.
Bullboard Posts