Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by Andrewgpon Aug 13, 2018 12:26pm
141 Views
Post# 28450318

Curbing Share Price Expectations

Curbing Share Price ExpectationsHey Everyone, 

I just wanted to make a post because I keep seeing this massive share number predications being thrown around the forums for Wallbrige. 

One thing to keep in mind is that Wallbridge has 324 Million shares issued. At the current price of $0.09, that means our market cap is $29 million. Pretty good at the moment :)

People have been comparing Wallbridge to the recent strikes in SIC and ABN but one thing to note is that our current market cap, at our current share price is the same as ABN ($29 mil) and a bit more than SIC ($22 mil). I personally feel like WM's drill results have been more encouraging that either SIC or ABN but I do not think that we will hit $0.40 without some real earth shattering results fromt he bulk sample. 

I hope I am wrong because I have a large amount tied up in this company, but I think this is our reality. 

Best of luck everyone!
Bullboard Posts