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Bullboard - Stock Discussion Forum 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... see more

TSX:WM - Post Discussion

Wallbridge Mining Co Ltd. > THE BO will be a trade 1 KL / 13 to 15 WM
View:
Post by techfan49 on Sep 16, 2020 1:15pm

THE BO will be a trade 1 KL / 13 to 15 WM

If wallbridge will be trading about 5 bucks and Kirkland at 65, we will get 1 share of Kirkland for every 13 shares of WM held. Since there is no need for more cash near-term that means there won't be a reverse split as a pre cursor to printing more paper to raise more cash
Comment by BillysBlckStrat on Sep 16, 2020 1:23pm
They arent  talking about a reverse split that im aware. If they do it its about getting a better handle on the shares or for a nasdaq listing. Because they have the goods as mentioned by Eric.  BS
Comment by TwiceShy on Sep 16, 2020 1:30pm
Based on this discussion I guess ABX will be consolidating momentarilly, what with 1.8 BILLION shares outstanding.  And of course also heading for a huge dive. Waste of time. 
Comment by BillysBlckStrat on Sep 16, 2020 1:39pm
Well why dont you contribute something of use then TS, or are you another banana fetcher also? BS:) watch the pog at 2 btw.
Comment by prouditalian on Sep 16, 2020 1:32pm
As a shareholder and a big one of KL, all I can say is dream on...it wont happen. I hope KL sells the stake off asap as they have more than enough on their playe. Thank goodness Sprott no longer on the BOD of KL.
Comment by BillysBlckStrat on Sep 16, 2020 1:43pm
I would disagree with that. KL is obviously interested or Tony would not have remained on the board or did this land deal, unlike kl's recent moves with osk and nvo where they are retreating. BS
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