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 > WM on sale

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Comment by Angelique01on Nov 27, 2020 8:30am

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Post# 31987618

RE:RE:RE:RE:RE:RE:RE:RE:RE:WM on sale

Angelique01 wrote:

tndl wrote: I would appreciate thoughtful input from others regarding the extent of inside ownership of the stock. It was pointed out that Insiders on only about 1.5% or less of the company's stock. However, the market capitalization of the company with a large number of shares issued, is pretty large, so this inside ownership amounts to 9 million dollars were so of stock, and actually until recently 12 million dollars or more. Unless the company officers and board members happened to be immensely wealthy, that would seem to me to be a reasonable representation of ownership by insiders in the company. Obviously, we also have interest from people or entities in the no such as Eric Broad and Kirkland Lakes. Thoughts from others? Happy Thanksgiving to all.

If the outlook for Wallbridge is so promising you would expect management and the Board to be accumulating and acquiring shares. Especially now if the price is so "cheap". LOL When was the last insider purchase by management and the Board? Check out INK or latest SEDI filings. If they are not buying based on their knowledge of the company why should anyone else buy?

Looks like another down day for gold. Broke below $1800. With coninuing tax loss selling WM share price will break current support level of .75. 13% loss since January.1, 2020

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