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 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.

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Wallbridge Mining Company Ltd

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Post by tndlon Jan 03, 2021 8:39pm

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Post# 32212799

RE Marz is a putz

Puzzled to see the criticism of Marz Kord. I just reviewed the Wallbridge financials, and three points among others stuck out to me.
1) Compared with Wallbridge share price today, Balmoral was acquired with Wallbridge shares valued @ $1.16CAD
2) The recent 55mil share private placement was done with same stock valued @ $1.15CAD, again a very advantageous price compared to now.

Do we criticize a CEO for accomplishing these actions at nearly peak stock prices? Looks to me like we did really well.

Also,
3) We are poised now for a $70million CAD drilling program for 2021 (covid 19 permitting). That sounds like a CEO and other management who are moving aggressively to max this thing for everyone. I don't think I'd want to sell my shares and be on the sideline for this.

dyod glta-tndl

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Geologica Resource: Polymetallic upside at a depressed price