Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Mar 01, 2023 10:11pm
56 Views
Post# 35314112

RE:I told you not to trust Marz and that he will dilute us more

RE:I told you not to trust Marz and that he will dilute us moreI appreciate and respect your post, because rather than just make fun of someone, you actually referred to an action wm took and made specific comments about it.<br /> <br /> I don&#39;t like the dilution either, but what else given present circumstances should they do?<br /> <br /> If we want them to drill, they need $.&nbsp; The cost is $36mil, of which $4mil is administration as per their latest corporate presentation.&nbsp; &nbsp;So $32mil will actually go toward drilling.&nbsp; Unfortunately with the share price still so low, there is significant dilution. I think moving now to secure the funding in some pretty unstable times-think Ukraine, China/Taiwan, runaway government spending and money printing, and additional interest rate increases-is actually the responsible thing to do.&nbsp;<br /> <br /> One sure way to crash wm is to get short cash and then need to do a raise under bad conditions at the last minute when everyone knows you need the money.<br /> <br /> So if you really don&#39;t like the raise they just did, please explain what they should have done instead.<br /> <br /> Thanks tndl
<< Previous
Bullboard Posts
Next >>