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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 Jimmycashon Nov 27, 2016 5:46pm
133 Views
Post# 25519447

RE:Too many properties to look after

RE:Too many properties to look afterGenerally 100M to 1B market cap makes a mid tier mining company...not the amount of properties they are involved in. Not sure why the description in Stockhouse says they are a mid tier as I can not find that in WM's releases other than they are working toward becoming a MT Mining Company. WM has not had cash flow for a couple years Bob. There are funded through Lomin and raising capital as all juniors do. Not sure what your interest is in WM but I am clearly on the other side of the bet. If they achieve their goal at the low range of 100M market cap that's .45 per share at current outstanding shares. Time will tell......appreciate your opinion
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