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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 R_J_on Oct 31, 2020 3:59am
372 Views
Post# 31818048

End of Month - October 2020

End of Month - October 2020End of the Month (EOM) report for October 2020 for Wallbridge Mining Company
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WM.TO    closed on 10/30/2020 at C$ 1.02
WM.TO    closed on 09/30/2020 at C$ 0.85
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This is a 16.7%, a C$ 0.17, loss for October.
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Indexes
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Junior Gold Miners ETF [GDXJ], @ US$53.21, lost 3.9% in October. [12.0% above its MA(200) @ $47.50]                

Gold, @ US$1,879.90 lost 0.8%, or US$15.60, in October. [6.0% above its MA(200) @ $1,773.77]

Silver, @ US$23.65, gained 0.7%, or US$O.16, in October [18.2% above its MA(200) @ $20.01]

S&P 500 Index, @ 3269.9 lost 2.8% in October. [4.5% above its MA(200) @ 3129.4]
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Two Hundred Day Moving Average [MA(200)] stuff.
WM.TO's MA(200) ended October at C$ 0.92                
WM.TO is 7.6% below its MA(200).
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WM.TO News Releases in October.
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Oct 19, 2020
Wallbridge Intersects 9.06 g/t Gold Over 40.05 Metres, including 16.33 g/t Gold Over 19.85 Metres in High-Grade Core of Lower Tabasco Zone
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Oct 14, 2020
Wallbridge Continues to Define and Expand Area 51 Mineralization in the Fenelon Gold System
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Oct 13, 2020
Wallbridge Provides Update on its Fully-Funded $112 Million Exploration and Development Programs for 2020-2021
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Oct 02, 2020
Wallbridge Mining Company Limited Announces Closing Of C$63.8 Million Bought Deal Financing And Exercise Of Over-Allotment Option
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Who is the Big Cheese at WM?
Marz Kord, M.Sc., P.Eng., MBA, President & CEO and Director
Alar Soever, B.Sc. Geo, Chairman of the Board
Also a WM Director:  Anthony (Tony) Makuch, President, CEO, & Director of Kirkland Lake
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RJ
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