Bullboard - Stock Discussion Forum Wallbridge Mining Co Ltd. T.WM

Alternate Symbol(s): WLBMF

Metals & Mining Industrial Metals & Minerals

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

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TSX:WM - Post Discussion

Wallbridge Mining Co Ltd. > 5 million + ounces at 3gm per ton x$100 US

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Post by Currower on Jan 18, 2023 7:01pm

5 million + ounces at 3gm per ton x$100 US

Equals $647 million Canadian. Current market cap $165 million? Including cash and other assets? Of course there are negatives... It's only drilled 4sq Kms of a 910 sq km Abitibi land package ending at Agnico's Detour mine with lower grades valued currently worth 9 BILLION on the same Detour Lake Deformation Zone that Agnico mines. Agnico has not had the opportunity in over two years to drill their Detour East joint venture with Wallbridge adjacent the Detour mine? Other negatives are Agnico owns at least 9 percent of Wallbridge's shares at muuuuch higher share prices NO WARRANTS.Eric Sprott owns 19 percent of Wallbridge shares at muuuuch higher share .prices NO WARRANTS.

Another negative is that you might as well own Agnico shares . They will end up buying Wallbridge anyway when they can talk Eric Sprott into selling. Why would you want a premium? GLTAL REAL TAXPAYING RETAIL WALLBRIDGE INVESTORS

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