Wallbridge Mining Co Ltd. T.WM

Alternate Symbol(s): WLBMF

Metals & Mining Industrial Metals & Minerals

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.

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Wallbridge Mining Co Ltd. > Wasn't expecting that

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Post by Yellowknifer69on Sep 16, 2020 8:52am

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Post# 31565851

Wasn't expecting that

Hello and good morning WM longs:

Wasn't expecting the BMO deal this morning. I am of two thoughts regarding the deal:

Like others, I think it was somewhat premature and could have waited until either more drill results proved out the deposit. Would have been sweet to see the share price climb a bit.

On the otherhand, they now have cash liquidity to keep things moving forward and as such their hands are not tied (maybe?) IMO.

Oh well, as they say one step forward, two steps back!

Stay long on this folks,

Yellowknifer

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