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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

Comment by Jeepfanon Sep 16, 2020 9:03am
169 Views
Post# 31565912

RE:RE:Bye bye price spike

RE:RE:Bye bye price spikeThis deal was in the works long before the current price spike probably when the price was in the low $1 range. They did the deal again without warrants so this is closer to the true value at that time. Warrants only make it harder to evaluate the transaction in the favour of the buyers. I believe that no warrants makes wallbridge more valuable because it is rare for a junior to be able to do a PP without issuing warrants and I believe this gives the company huge credibility. 
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