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

Bullboard Posts

Post by Austrian007on Oct 29, 2019 1:33am

185 Views

Post# 30279720

Better way to play Wallbridge

I got into Wallbridge bcos of Ely Gold that holds a 2% NSR at Fenelon...So 20M Ounces at 1500 gold works out to $600M for Ely... and given its a royalty company, they pretty much have almost zero overheads (just 2 full time employees and 2 part time incluiding the CFO)...

and Ely has a M.Cap of $30M or therabouts.... so we should be looking at atleast a 10 bagger straighaway. & with fenelon getting bigger, the value for Ely wil only go up so much more.

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