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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. > End of Month - November 2020
View:
Post by R_J_ on Dec 02, 2020 4:43pm

End of Month - November 2020

End of the Month (EOM) report for November 2020 for Wallbridge Mining Company
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WM.TO    closed on 10/30/2020 at C$ 0.76
WM.TO    closed on 10/30/2020 at C$ 0.85
WM.TO    closed on 09/30/2020 at C$ 1.02
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This is a 10.6%, a 9-cent, loss for November.
This is a 25.5%, a 26-cent, loss for October & November, together.
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Indexes
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Junior Gold Miners ETF [GDXJ], @ US$50.03, lost 6.0% in November. [2.7% above its MA(200) @ $48.73]                

Gold, @ US$1,780.90 lost 5.3%, or US$99.00, in November. [1.2% below its MA(200) @ $1,803.31]

Silver, @ US$22.59, lost 4.5%, or US$1,06, in November [9.9% above its MA(200) @ $20.55]

S&P 500 Index, @ 3621.63 gained 10.8% in November. [14.9% above its MA(200) @ 3152.9]
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Two Hundred Day Moving Average [MA(200)] stuff.
WM.TO's MA(200) ended November at C$ 0.91                
WM.TO is 16.5% below its MA(200).
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WM.TO News Releases in November.
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Nov 23
Wallbridge Signs Option Agreement with Kirkland Lake Gold on Detour East Property
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Nov 19
Wallbridge Intersects 5.07 g/t Au over 100.6 metres, including 29.03 g/t Au over 7.30 metres in the Tabasco-Cayenne Zones
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Who is the Big Cheese at WM?
Marz Kord, M.Sc., P.Eng., MBA, President & CEO and Director
Alar Soever, B.Sc. Geo, Chairman of the Board
Also a WM Director:  Anthony (Tony) Makuch, President, CEO, & Director of Kirkland Lake
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RJ
Comment by YetAnother1 on Dec 02, 2020 5:40pm
I stopped reading after EOM! But seriously, here we are. The last financing of $63,825,000 is worth $45,510,000 on paper. I usually get mad when I'm down $20 million.
Comment by Leopolt on Dec 02, 2020 7:17pm
See, there are advantages to having a large number of shares out A1. Only a small part of that 20$ m is yours.  Leo:)
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