Wallbridge Mining Co Ltd. T.WM

Cash Offer ??

[westcoast2019]

At a price of 93 cents WM has a market cap of $772M CAD.

KL with their cash of $858M US or at current exchange of 76.15 that equals $1.127B CAD

I know it won't happen nor do I want it too but :

KL could offer a 60% premium all cash offer to take over the remaining 90% of WM that they don't already own without even borrowing a dime.

 

[MARKOPOLIS]

That's the plan KL great allocators with their cash and we all know who owns 20% getting approval would be seamless 

[RevT79]

Here the deal! kl will never buy wallbridge without a resource estimate.(who knows how long would that take) they are diluting soooo much rigth now Into drilling. now if they where to discover something big and the price go up.... they still have this crazy numbers of shares making it even harder for somebody to come in and spend that much money on a project that is 5 years away from having its