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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 Aug 19, 2023 11:59pm
75 Views
Post# 35596755

RE:RE:RE:Goldman Sachs does the setup today ANONYMOUS does

RE:RE:RE:Goldman Sachs does the setup today ANONYMOUS does Very interesting and thoughtful comments.  Agree juniors are beaten up now and that board should be focused on the business, but #1 should the president of a development stage mining company with no revenue be making $750k per year #2 should such a company have 10 members on its board?  and #3 directors should be very concerned about share price.  It affects ability to raise capital with increased dilution with share offerings if the price falls.  Also the market has had repeatedly poor responses to GOOD news- good drill reports, updated RE 5.4 mil Oz, and a very good PEA.  That suggests the market is dissatisfied with this company, so even if other than the above the company is being run well, the market does not see it that way.  That should be very important to anyone on the board.  Would appreciate your or anyone else's thoughts.
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