RE:RE:RE:RE:RE:This share has no futuredutchmann64 wrote: SidelineSally wrote: SidelineSally wrote: flashcash wrote: Please move on then, I will buy some.
According to analysts' consensus price target of C$1.65, Wallbridge Mining Company Limited (WM.TO) has a forecasted upside of 77.4% from its current price of C$0.93.
Fc still hasnt learned how the game is played. There is only 1 analyst, Eight Capital, following the company, and guess who was involved in the last financing:)
September 21, 2020, among the Company, BMO Nesbitt Burns Inc., as lead underwriter and sole bookrunner, Eight Capital, RBC Dominion Securities Inc. and Paradigm Capital Inc. (collectively, the "Underwriters").
Sallyl
It just means the the target is worthless. Baystreet.ca/ login is quick and free/ analyst targets/ enter a symbol. For anyone interested.
S
And that is why Sprott bought a boat load at $1.15.......
I realize Mike is talking his own book because he is in the gold selling business but I liked this video by Mike Maloney to explain why wether WM trades at 90 cents or $1.15 per share is irrelevant
With Wallbridge in mind as they prove up their ounces over the next year or two.
What mght be the future gold prices based on historical precedent from past bull runs in gold ?
When WM starts mining or is up for sale with a huge potential gold rescource say 2022-2023 They could be a highly sought after company if they survive intact until then.
We could be looking at a situation where others will be drooling at buying shares in WM and for multiple dollars 25 cents here or there could be peanuts.
https://www.youtube.com/watch?v=pboxv8Hne1E