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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 Chaulkduston Sep 09, 2019 11:50am
97 Views
Post# 30108855

Thanks

ThanksThe short term speculators are leaving since the PR didn’t quell their zeal for instant wealth. WM is a longer term play with things progressing nicely toward an eventual Resource Estimate and some interim gold production on a small scale. A lot of infill drilling is still required to delineate the ore bodies in Area 51 for the RE. Seems like they have an all-in plan to accomplish that in 2020 and release the RE in 2021. Be interesting to see what Sprott has to say Friday, I would think he would tend to agree. I like that no further dilution will be required to complete the RE.

Picking up a few extra shares today at the bargin price - Thanks!

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