Wallbridge Mining Company Ltd T.WM

Alternate Symbol(s): WLBMF

Metals & Mining Industrial Metals & Minerals

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

Bullboard Posts

Post by Boomer61on Jun 01, 2020 9:44am

389 Views

Post# 31095729

The expectation........

WM was added to the MCSI small cap index fund and Canada index fund, and those funds needed to buy 8M shares at a significant premium in the after-market at $1.35 before the end of the month.

Consensus is that it will settle back to around the $1.20 level but this is a very good thing for Wm - these are strong-hand funds and indices, further strength to their shareholder base.

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