mepatriot wrote: FreeGold1 wrote: 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.)
It's all about potential with the juniors, and WM has sky-high potential, and the potential to have listed reseves IN ACCESS OF 50 MILLION OUNCES within 15-18 months. AND, they should be a producing mine, themselves, at one of the world's greatest new gold discoveries, by this time next year.
Plenty of producing mines deserve to trade lower than WM for a variety of solid reaslons...they are drying up reserve-wise, they have heavy debts, poor manegement, out-of-control costs, what have you. Wallbridge has none of those things.
You've also got to realize that when a person comes onto a board that has been slammed with bashers and SPAM for months, that your first post is going to be viewed with healthy skepticism if your information is negative. It is not natural for people to bash a stock they claim to own, as other obvious shorters here have done, and are still doing.
So peace and prosperity to you, if your intentions are indeed honorable and truthful.