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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 FreeGold1on Nov 09, 2019 3:57am
183 Views
Post# 30330837

Rubbished... but Right !

Rubbished... but Right !I got rubbished by some here for my post. It was not spam, it had good factual questions. Did anyone bother to look? Here is the comparison: WM.t. : C$0.59 x427.1 M= 252M MktCap. / BkVal.: 0.10 / Ent.Val: 328M, Ebitda: - 2.04M Gcm.t : C$4.74 x50.42M= 239M MktCap. / BkVal.: 5.26 / Ent.Val: 275M, Bbitda: 113.5M Note: at $0.40 gap, WM.t would have a market value of C$171 Million, 71% of GCM @ $4.74 === Look. I am grateful to WM and its management. I made a lot of money in this stock. But I am honest., and I call a spade a spade. WM.t seems to be ahead of itself. A company without a mine is not worth more than one with Gold production of over 230,000 oz, and an EBITDA of $113M. I could be wrong, and I will wish those who are still long : Good Luck! With my own funds, which are considerable, I will be looking for a lower enter point, or I will invest elsewhere. (I suggest the rampers here turn their fire on those who come without facts and ideas. Not a highly successful investor.)
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