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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 mepatrioton Feb 27, 2020 3:02pm
174 Views
Post# 30742902

RE:email response from Wallbridge, posted on CEO:

RE:email response from Wallbridge, posted on CEO:
samdruker wrote:  From Attila Re: Lack of News... "Thank you for your email and for your continued long term support! Wallbridge management understands the concerns you are expressing. Please see below a few comments addressing your questions: The 2-3 week NR cycle is a nominal, average number we are trying to aim for. Sometimes we have the ability to announce a large number of assay results relatively quickly, like In January, when we had four press releases with a large number of positive assay results and visual descriptions. In some other periods, we have to wait for results to come in. Our drill holes are getting increasingly deeper, most of them are now in the ~1,000 m range. With the continuous sampling in Area 51, it takes a long time to process the core and receive assay results. Often, assays go for overlimits (meaning that they are > 10 g/t and being sent to another assaying method), which further prolongs the turn-around time. Good problem to have… We have now several “stories” developing on the project: 1) the Main Gabbro zones, 2) Tabasco and Cayenne shear zones underground high-grade, 3) Area 51 underground high-grade and bulk mineable low grade, 4) property-wide exploration. To simplify the news releases and provide a clearer picture for the shareholders, we are grouping the drill results. Regarding the SP: The last few days the entire markets and gold stocks have seen some serious fluctuations and losses. Before that, the Wallbridge share price was stable around $0.90"


I'm telling you guys that are selling, panicking, and posting nonsense...  You are going to be very disappointed in yoursleves come this next NR..
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