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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 goldking345on Dec 14, 2019 2:52pm
165 Views
Post# 30455525

Newbie to Wallbridge with some questions please..

Newbie to Wallbridge with some questions please..Impossible not to love the grades and the prospects but aren't any of you put off by the share count?  As I understand it they are fully funded for 100k meters of drilling which should yield a lot of stellar results....KL has put their foot in the door.....the goal is to be a 100k ounce producer but that's several years out...they won't even have a resource estimate for a year or so. My questions would be....

1. Are you not put off by the share count?

2. How high is up based only upon drill results?

3. Any idea/guess what AISC might be for a 500tpd operation at 12gpt?

4. What's a mill going to cost them?

5. What kind of share count will there be at the day of commercial production?

I don't mind waiting but I also appreciate value over hype, hope and possibles. How are any of you assigning future value to this company?

Thanks in advance!
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