Wallbridge Mining Company Ltd T.WM

Alternate Symbol(s): WLBMF

Metals & Mining Industrial Metals & Minerals

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.

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Wallbridge Mining Company Ltd

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Comment by justcurious1on Jan 18, 2012 11:50am

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Post# 19417106

RE: RE: LONMIN gets a good deal

Lonmin has long been a partner with WM so if you consider paying above current share price for more shares a good deal then so be it. They also already own 10.8 mil shares and 5.4 mil warrants of WM. The funds simply go towards the project they were already working on as partners. What intrigues me is the fact that they are completing a FS on one of their projects ? Wallbridge is by far an exploration company and NOT a mining company. That said, with the addition of Farsangi, maybe all that could change.

JMHO

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