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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. > Geos don't usually make good CEO'S
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Post by Jeepfan on Feb 09, 2022 8:53am

Geos don't usually make good CEO'S

My experience is that Geos are good rock hounds but rarely make good CEO'S. I have watched many mining companys try this but it usually end in disaster which is exactly where i see this headed if the board does not make a change. Geos just want to drill and do not concern themselves with the investors interests. Too bad this company has failed miserably and I do not blame the price of gold as it is stable around $1800. It would seem that the company has been going down ever since he who shall remain nameless joined the board. Still holding but deeply dissappointed with this management.
Comment by Flopticalcube on Feb 09, 2022 9:58am
Makuch joined in Dec 2019. The decline started when WM joined the GDXJ in Sept 2020.
Comment by Currower on Feb 09, 2022 10:20am
The decline started in earnest when Tony Makuch finagled the Detour East deal. It was exacerbated by professional bashers accompanied by brokers painting the tape consistently for more than a year. Multialias Bucky at the moment Frefudpucker and enonymous promoting KL Agnico below is an example of  a professional basher. Individual stocks in the GDXJ ETF are continually rebalanced according ...more  
Comment by BillyBuccaneer on Feb 09, 2022 10:38am
This post has been removed in accordance with Community Policy
Comment by Paray99 on Feb 09, 2022 11:51pm
At this point more drilling means more cost to the investors!  Because they came back to where they started.... That means there is zero value gained from last 3 years worth drilling. If somebody think otherwise, let me know!
Comment by tndl on Feb 10, 2022 4:35pm
I'm not enough of a mining expert to comment one way or the other. If that is that is what you are thinking, then what in fact would you suggest that they do at this time if not more drilling? Thanks
Comment by satchmo6 on Feb 18, 2022 3:44pm
wondered how many of the 16 employees are drilling in this weather-----maybe just hanging pictures of drilling to prospective prospectors and associates in the camp ofice.
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