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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 actionguyon Feb 19, 2019 1:07pm
106 Views
Post# 29383243

RE:RE:RE:RE:dealing with company facts

RE:RE:RE:RE:dealing with company factswhether you agree or not with the company regarding a processing plant,thats their intentions is to build 1 central to other properties they are looking to acquire.  The Bulk sample profits are covering the majority of 2019 drilling and exploration. Not even covering all,but covering the majority.   Management will continue to be issued warrants for bonuses and such,. you dont think we get anywhere near 550 milion shares outstanding?   we already are ,fully dilluted 465 million shares outstanding. It was hardly a double down, I can see us at the start of production  in 2020 best case scenario, being at 600-650 million shares outstanding fully dilluted.  Where does the $$ come from before production to buy back shares ?   Only way we avoid further dillution is to acquire loans.  Need to pay for the processing plant and land acquisitions.  Its an exciting year for wm,its also an expensive year for wm.   I certainly hope the bulk sample extension is approved.  
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