Patience RequiredTo Yoda, and anyone else here feeling disheartened by lack of news: I urge patience. The company stated the results for the bulk sample would be available around the end of October. So we know we'll see some numbers soon. While I wish I could define "soon", obviously I can't, but we all know that they are obliged to report this data to shareholders in a timely manner. So look for these numbers coming to a theatre near you shortly. I believe they will be positive numbers and will give us all that much more reason to hold this stock confidently.
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I must respectfully and strongly disagree with any suggestion that Wallbridge is out to mine any of its shareholders. While they certainly won't win any rewards for promotion, the company has definitely set itself up for success with its huge land position in Sudbury. Broken Hammer should go on to become a successful mine in short order and let's not forget all of the other highly prospective properties in the WM portfolio. The company still has to report on 6,600 metres of drilling they have done (or are currently doing) on their various properties for 2011, and we know they have already had some successfull hits on some of those. If you look at this company from an odds standpoint, you have a large number of properties in an area well known for its mineral wealth, so put that together and you have excellent chances of scoring big on multiple projects. I think a quote from Alan Soever from a March NR stands out to me most on this point:
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"Over one third of Sudbury's rich nickel, copper and platinum group metalsendowment comes from offset dykes. Wallbridge now controls over one half ofthese dykes in Sudbury, most of which have seen little, if any, systematicexploration" stated Alar Soever, President and CEO of Wallbridge Mining. Headded "Wallbridge's strategic land position offers grassroots discovery upsidefor nickel, copper and platinum group metals within Sudbury, the mostestablished mining district in Canada."
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The odds are clearly in our favour, and that's a good thing, especially when all those properties are essentially free due to the current WM share price. Have you ever heard the expression, "Be right then sit tight" ? Well, those who have invested in Wallbridge have got the "be right" part down pat. Now, it's time to "sit tight", and at these prices, add if you can. Patience will be rewarded, of that I am very confident. Yoda, if you're frustrated with lack of news, my suggestion is to step away from your computer for a few months; if you come back in February, I think you'll be a happy man (or woman). I should probably follow this advice too sometimes as the day-to-day checking can be discouraging on some stocks, but with a company like Wallbridge that has such outstanding fundamentals, there is no way I'm going to be hitting the sell button.
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Best of luck to all shareholders. I believe this story will only get better.
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Respectfully,
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BUMBLEBEE