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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 jjeerryyon May 27, 2020 8:57am
178 Views
Post# 31076986

RE:RE:The theme of the posts in here

RE:RE:The theme of the posts in here
dutchmann64 wrote:
jjeerryy wrote: have me wondering. Do any of you watch the price of gold?


Yes I do watch it;...however that is not the major driver in value with WM.  Let's be honest,  It certainly is a factor that carries weight, but there are other considerations that have been put forth (many many times)  that also carry the day. They are a strong management oriented company, with what is now a huge land holding in what will be a major camp or at least  something in that direction.   Like I said for me I am long and waiting for a buy out. If KL is the only player at the table when the time comes then I feel we'll see an offer in the neighbourhood of $3.00.....if another suitor comes to play then we could see north of that figure. Say $7ish. IMHO.  Time will tell. Cheers!! 

dutchman64, very good post and I agree completely. My questioning the issue was because of all the great speculations in here it was not talked about and it is a reality, just maybe the BAR shareholdrers are NOT taking the SP down, maybe the price of gold is. It shall all return because of the strength of Wallbridge. Wait until next week, up, up, up!
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