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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

Comment by StockPigg7on Feb 10, 2020 4:09pm
168 Views
Post# 30669874

RE:Don't forget...Q1 '21's RE is not going to be the last...

RE:Don't forget...Q1 '21's RE is not going to be the last...Actually MEP, you touched on a point I wanted to ask some of the people on this board with more experience investing in these developers. 

Just how many ounces can they chalk up this year with their in-fill drilling? What can we realistically expect? How many ounces can they move into the indicated and inferred categories with 100,000m of drilling?

Lets say you are right and they get 10 million ounces year end... at $150/ounce in situ, that implies a market cap of $1.5 billion.. almost triple what we got now... I'd be pretty happy with that =p
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