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.

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Wallbridge Mining Company Ltd > No Nova gold for me

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Comment by jcw604on Feb 06, 2021 9:29am

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Post# 32492457

RE:RE:RE:RE:No Nova gold for me

Dilution...? ES bought more shares at $1.15 That is not a dilution, but a free giving of cash to wm at the current price. They can keep 48 cents, but simply buying back at the current price. I don't like the fact that they still doesn't have any NI43-101. I don't know why they stop their existing permitting process to do a bigger one, instead of simply adding a second one. I don't know enough about Quebec and how friendly are they with miners. Maybe someone can comment on that.

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