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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

Comment by dutchmann64on Mar 02, 2021 8:00am
240 Views
Post# 32692919

RE:RE:RE:63.8 million pp closed on october 2 at 1.15 per share

RE:RE:RE:63.8 million pp closed on october 2 at 1.15 per share
westcoast2019 wrote: Not many up days recently but what I am concentrating on right now  is just to get back to zero cost where I once had it.

I bought a bit today a little too early then watched it retreat and come back.

If I am able to get back to zero cost from current .04 cost base per share I will then be happy to hold not liking it if it goes down but willing to wait for a bigger payoff later.
Too much potential upside to worry about the short term price fluctuations now
.
Its frustrating when you see it go down but c'est la vie.

A buddy is astonished I still buy the dips . He says if WM gets back to $1 selll it all.
He just doesn't understand the gold market. What a shame it would be to suffer through the downturn only to bail before a big  payday comes.

I agree with Dutch hold this until a takeover or at least a mining descision . 
Just get to a position you feel comfortable with and wait it out.


Well said WestCoast;.....I went through great stress when I first got into this game. ( LSG )  I will admit I am not happy at where we sit but when looking at the broader market I realize that it is just that! The market does not like gold right now and when listening to the larger players that have made money in this game  one can surmise that now is the time to hold or deploy more resources and top up.  This how they make their money.  I have said I am in until they are either mining or sold. Which ever comes first will be fine with me. To paraphrase Warren Buffett  "if you have done your homework and a company is solid you should be happy that it is on sale. That way you can buy more." Eventually your pay day will come.  The fundamentals are there we just need the market to catch up. IMHO 

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