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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

Post by jefedeoroon Feb 05, 2019 6:56am
140 Views
Post# 29319069

MORE INSIDER BUYING on the open market

MORE INSIDER BUYING on the open market
I just checked the Canadianinsider.com and there has been more insider buying since we discussed the 1,000,000 options the directors bought in January, and the over 600,000 that Sprot bought in January.

The latest is Sprott bough another 287,000 shares on Jan. 28th,  then another 11,000 on the 29th.

Then on Jan. 30th he bought another 135,000 shares.

on Feb. 1st, Brian Penny purchased 200,000 shares paying full price of .20 and .205 on the open Market.

It would seem to me that the insiders having already exercised their options (the million they exercised last month), are now turning to the open market to pay full current price.   Now if that doesn't tell us something very good is going on, I don't know what will!

I noticed that there is between 2 and 4 days between the purchase date and the filing date, so I suspect we are going to see more updates to these purchases in the coming days that may have already happening.

Something is certainly going well, my guess is final bulk sample numbers are in, or a batch of good drills are coming, bechefer or fenelon.......Its Tuesday today so I am really hoping we get some juicy news today.  

If I wasn't already all is as far as I can go, I would be "backing up the truck" today to get all i can get my hands on.

GLTA  -  Jefe 






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