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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 tndlon Nov 26, 2020 9:38am
210 Views
Post# 31977587

RE:RE:RE:RE:RE:RE:RE:WM on sale

RE:RE:RE:RE:RE:RE:RE:WM on saleI would appreciate thoughtful input from others regarding the extent of inside ownership of the stock. It was pointed out that Insiders on only about 1.5% or less of the company's stock. However, the market capitalization of the company with a large number of shares issued, is pretty large, so this inside ownership amounts to 9 million dollars were so of stock, and actually until recently 12 million dollars or more. Unless the company officers and board members happened to be immensely wealthy, that would seem to me to be a reasonable representation of ownership by insiders in the company. Obviously, we also have interest from people or entities in the no such as Eric Broad and Kirkland Lakes. Thoughts from others? Happy Thanksgiving to all.
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