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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 jicoopon Oct 10, 2018 3:08pm
89 Views
Post# 28775518

RE:RE:RE:RE:RE:Today's news

RE:RE:RE:RE:RE:Today's newswhosebid, not singling you out, and do appreciate that you and others here may have some mining savvy and knowledge. I see your explanation to andrewqp and see that you are waiting for a catalyst to catapult us to the next level. What that is, we don't know.

Wally states in their October presentation that they expect to have proven and probable of 600,000 to 800,000 oz at Fenelon. As for a mining plan, costs , etc. we are all in the dark about that. 
Now maybe if the price of gold goes parabolic in the next 6 to 12 months, or we start seeing core samples like the Fathers day find by RNX , or the Habanero and Chipotle seams start showing even wider core samples further down, then who know.

What galls me is the wild valuations and price calls from posters here, knowledgeable or not. Just asking people to show me the math, based on everything we know TODAY, and prove why we will be at 50 cents , a buck by Christmas. Show me the numbers. If I think they make sense and are correct, then obviously everyone would be backing up the truck and loading some more. I'm not at this current level.

I have been posting on Wally boards for a long time now. Some weeks you could post and maybe get a reply a week or two later, after 10 reads or so if lucky. Had a different post ID at that time. lost it in a computer crash, forgot the password so had to start fresh. DUH !

I'm long Wally just to remind everyone. I welcome some valid stabs at valuations to be presented.

Coop
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