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Wallbridge Mining Company Ltd T.WM

Alternate Symbol(s):  WLBMF

Wallbridge Mining Company Limited is a Canada-based company, which is engaged in the exploration and sustainable development of gold projects along the Detour-Fenelon Gold Trend in Quebec's Northern Abitibi region. The Company is focused on advancing its 100% owned Fenelon project and Martiniere project. The projects are situated within the Company's approximately 830 square kilometer (km2) Detour-Fenelon Gold Trend Property located in the Nord-du-Quebec administrative region approximately 75 kilometers (km) west-northwest of the town of Matagami, in the province of Quebec, Canada. Its Detour-Fenelon Gold Trend projects include Casault, Detour East, Grasset Gold, Harri and Doigt. The Company owns a 100% interest in the Nantel property. Its other gold assets include Hwy 810, Beschefer and N2 Property. The Grasset gold property is located immediately east of and adjoins the Fenelon property. The Company also holds approximately 15.8% interest in the common shares of NorthX Nickel Corp.


TSX:WM - Post by User

Comment by Stockbaggeron May 21, 2011 7:52am
302 Views
Post# 18610430

RE: Shareholders are managements cash cow !!!

RE: Shareholders are managements cash cow !!!Wallbridge Mining has good value, less than stellar safety, and shareholders have fair relative timing to enter a new position based on recent price movements.  Kudos to management for creating Duluth Metals and Miocene Metals.  These spin offs created immediate cash flow and long term investments which created wealth for Wallbridge Shareholders.  I bought a position on Friday for the exact reason you are complaining about.
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