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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 focused on exploration and sustainable development of gold projects. The Company’s flagship project, Fenelon Gold (Fenelon), is located on the highly prospective Detour-Fenelon Gold Trend Property in Quebec’s Northern Abitibi region. The Company’s Martiniere project is located approximately 110 kilometers (km) west of the town of Matagami and 150 km north of Amos, Quebec, Canada. The Company’s Beschefer project covers 6.47 square kilometers (km2) and is located 28 km southwest of the Fenelon Gold project. The Company also holds a 19.9% interest in the Archer Exploration Corp. (Archer). Archer holds a portfolio of nickel assets in Ontario and Quebec.


TSX:WM - Post by User

Post by SethGeckoon Nov 21, 2020 10:02am
929 Views
Post# 31946740

Morning Joe

Morning JoeWhether Kl or anyone else jumps in depends on future drill resilts. If results are too good to ignore then wm will be in play. For the time being there is no resource estimate and its early in the game. Wm has plenty of cash for now so I expect the majors to just sit back and watch them put that money into the ground and see what develops. Better wm's money than their own. If stellar results are not forthcoming then wm's price drops and someone like kl will takes them out cheaper, or not at all. Or, when the money runs out watch KL continue the creeping takeout that they began with the last land deal. I think Kl would like to tie up the ground at some point regardless as they want as much unexplored Sunday Lake ground as possible to feed a hungry mill not that far away as the crow flies. But they can play the waiting game providing another company doesnt make a move.

From what I understand, wm has all the infrastucture they need to mine and mill elsewhere, as thats what they did previously. A hydro line at some point would be nice. I believe I read its 15 km of access road off the main hwy. I could check that with Jamaica Joe. A decent camp would need to be built, along with a shaft at some point to get to the lower mineralization. The thing is that wm cant assume that there will be a buyer. They have to proceed as if they are going to remain independant which means permitting to build their own mill, tailings area etc, or trying to get their hands on Abcourts mill, or custom milling elsewhere. They have to proceed as if thats the plan, short of starting construction. 

KL is of course the most logical buyer, but Aem, and Yri also have mills in the Malartic area and might want feed. Then there's the pog. If the pog takes off  things change from the perspective of a buyer.

Kstock, aka PIDW, you and the too live crew of stoners need to get your shiit together and start producing at Macassa instead of nodding off during your shift at the end of a stope. I think Tony needs to clean house and fire both you guys as well as your bosses. Youre all brain dead. I would tell him to go across the border for manpower. People with a proper work ethic.

Fc, you arent even worth arguing with youre so fkn retarded. Read and learn. Then again you have selective retention:

https://www.cbc.ca/news/world/trump-2021-legal-challenges-1.5794891

Seth
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