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Wallbridge Mining Company Ltd T.WM

Alternate Symbol(s):  WLBMF

Metals & Mining Gold
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

Wallbridge Mining Company Ltd
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(84)
•••
Comment by itsalieon Feb 11, 2020 7:54pm
99 Views
Post# 30677385

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Re Tony Makuch

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Re Tony Makuch
MexicaliMax wrote:
dutchmann64 wrote:
MexicaliMax wrote:
tndl wrote: I tend to view all of this very differently. I'm absolutely delighted that the CEO of one of the world's largest mining companies is willing to part with his own personal cash at $0.78 a share to purchase shares of our Junior mining company that are trading at about $0.92 a share. That's a tremendous and very public verification of confidence in Walbridge. If someone is going to be upset every time someone else gets a little better deal than they did, you're going to spend your whole life being upset. I'm very willing to let Tony get a little discount on new shares in exchange for the huge endorsement we get from his company Kirkland. What a great endorsement for us!

Not too bright are you tndl. 

 I gotta disagree with you max.  This is a good thing. So waht if at a discount. Less than a couple hundred grand. In the long run he wants to make a good profit and he has the capability of making it happen. 

Max


 


Hes not parting with his cash at the moment. Its an option. And he wont exercise that option and then sell those shares when the stock trades below that price. So its like saying thank you for accepting this money we are giving you. 

 

However, I have no problem with wm giving Tony the options. And I dont know what the rules are but they might have had to be approved by the regulator and were perhaps done at market. If not within the allowed price range no doubt. 

And furthermore I have no problem because Im not a shareholder.

Regardless, Tony brings a lot to the table. Wm and the shareholders are lucky to have him. 


Max



agreed and the stock popped when it was announced...

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