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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

Comment by TheGreekGoldGuyon Nov 22, 2020 12:35pm
191 Views
Post# 31948961

RE:RE:RE:RE:Anyone know if/when Wallbridge will open a mine?

RE:RE:RE:RE:Anyone know if/when Wallbridge will open a mine?With near 800 million shares outstanding, Wallbridge will not be able to raise the money that they will need to build a large mill. The Greek is predicting a 1 for10 or higher reverse split in Qt 1 or Qt 2 next year, quickly followed by a huge resource estimate. I believe that Sprott mentioned that Wallbridge could do a reverse split at some point in the future.  Reverse splits can be painfull at first, but they don't change the fundamentals. Wallbridge is sitting on a nmassive amount of gold and they are proving it with virtually every drill result. 

The Greek here, just following the money, Sprott that is. 
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