Wallbridge Mining Company Ltd T.WM

Alternate Symbol(s): WLBMF

Metals & Mining Industrial Metals & Minerals

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.

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Wallbridge Mining Company Ltd

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Comment by StockPigg7on Oct 21, 2019 8:50pm

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Post# 30253350

RE:Boreas

I have a newbie question:

How does it work if another company wants to buy WM up? Would they simply just purchase all the shares floating around out there, or do they have to offer a price and then WM can agree or decline?

My opinion has always been that if they have control over the process, that they shouldn't sell.. they should just continue developing this project until they are producing 200k+ oz per year (I'm assuming its safe to say that they will be blowing past their 100k oz per year production target now right?)

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