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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 4:04pm
170 Views
Post# 31079750

RE:RE:RE:RE:RE:Super Deal

RE:RE:RE:RE:RE:Super Deal
flashcash wrote:
jjeerryy wrote:
flashcash wrote:
jjeerryy wrote:
WONDER1STOCK wrote: Was expecting resistance at 1.10 and trading range 1.12. Super discounted at this price. Gold now 1715.. 00 so come on WM move back up. We probably won't get assays  now until the conversion is complete. 
 


The SP today has returned from a low of $1.02 to a high of $1.07. Might mean some Bar holders got their shares this am and the weaker hands dumped early and stronger hands are taking this back up. A couple more days of early dumping as more BAR traders get their shares and we shall sail up only!


 

 

Its more to do with the POG.


flashcash, I am not in agreement with that. If that was the case WM would have seen their SP dive further and faster when the POG was down -$60.00 the other day. I would see this as WM's strong position that kept it from diving and will take it back up even before the POG comes back up.


 

 

The core value remains...POG changes are throwning the price around, THE smart people are buying up the shares that are sold by weaker hands supporting the price.

Different note is Goldman Sachs buying marker 65, not sure on the Canadian exchange.


65 comes up as Goldman Sachs on the TSX quote pages also.
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