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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 18, 2020 7:49pm
191 Views
Post# 30824140

Traders Dream

Traders DreamStocks like this are a traders dream...so much volatility and volume. As many of you know, I'm too scared to short. That said, I'm happy to buy this on dips because I'm patient and a long term believer, so if I get "stuck" in it, that's fine. I traded it a lot on the way up through the Sprott pump. I stopped trading it in January when the shorters started their aggressive campaign. I bought at 41 a couple of days ago...sold at 48.5. I bought back in at 40.5 near the close. If it doesn't go up right away, I'll buy more at 35 and leave powder dry in case my dream scenario happens and it gets to 20. If it does, I'll back up the truck. I doubt that very much, but everything is upside down right now, so you never know. Sooner or later gold is going to go on an epic run. The DSI (daily sentiment index) is much more reasonable lately at approximately 50, so it could run at anytime. That said, if it keeps getting hammered and the DSI gets under 20, it will set up an epic run for gold and inevitably gold stocks. GLTA.
Bullboard Posts