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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 samdrukeron Jan 29, 2020 8:13am
87 Views
Post# 30613057

RS are inconsequential. What matters is fundamentals of the

RS are inconsequential. What matters is fundamentals of thecompany. Market Cap is the key. When predominance of shares are owned by insiders, a large float only helps maintain liquidity for retail investors. if we had a float of 50 million shares, the shares would be very hard to trade given that most of the shares are held by insiders an whales intent on holding on very tight to their shares.  
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