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 > What a beating

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Comment by GoldFisher22on Mar 04, 2021 3:34pm

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Post# 32717613

RE:What a beating

If these were normal times, I might expect that rising interest rates to be a drag on gold. However, these aren't normal times. Real inflation is probably higher than CPI.

Also, when gold hit a high back in early January 1980, the US Federal Funds Rate was around 13% (give or take), on its way up. So for a while they were both going up.

Anyhow, I picked up a few more Wallbridge today.

Gltah. Not advice.

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