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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 Shylockreturnson Feb 03, 2021 11:10pm
318 Views
Post# 32467294

Jurisdictional Stability

Jurisdictional Stabilityis becoming more and more important as a strategic gold deposit desirability factor as more and more countries demonstrate issues and problems centering around that critical factor.

Wallbridge is a very important and highly desirable company because of the presumed size of its deposit (based on previous very positive metrics) and the stability of the geopolitical area where it is located.

With every positive report released by the company the value of Wallbridge Mining increases.  For a nascent gold company with a sizable deposit in a geopolitically stable area the value can only increase as comparably sized deposits owned by companies located in less than optimal nations encounter difficulties.

For majors seeking quality and large (and easily mined) juniors, there will be every expectation of a premium when the company is put on the auction block.

It is therefore not unreasonable to expect Wallbridge to be one of the world's superior pieces of precious metals real estate.

Great good fortune to all.


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