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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 Goodtoreadthis1on May 14, 2020 10:48am
357 Views
Post# 31027501

WM mgtmt low key and focused

WM mgtmt low key and focusedI have been a very long term holder of BAR shares and added WM shares about 2 years ago. When Fenelon was sold by BAR to WM for something like $3 mil, BAR raved about the money raised.  When WM started almost immediately began reporting significant drill results BAR went silent. Now WM owns BAR and they have already scoped out targets at BAR property for drilling beginning May 22 2020. 

The person who follows WM most closely is Eric Sprott who classifies as an insider. Despite that fact ES scopes out total gold quantity numbers from the reported drill results that are made public. 

ES has sorta kinda indicated that he would take $6 for his WM shares because he sees VERY healthy upside at WM land holdings.  No non-public data used but ES does point out that Fenelon may be as bountiful as Fosterville in Australia that KL owns. ES owns large chunks of KL and the CEO of KL was recently added to the WM  BOD.

We are indeed fortunate to be invested here. 
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