RE:As I see it -Shylockreturns wrote: there is too much microanalyzing going on on this board combined with a lot of impatience. This will only lead to discontent and further impatience.
Look, this company is not a junior gold explorer with nothing in their pocket but a hole. It is a massive gold mine in the making and as is the case in situations like this the company will go through periods when it appears becalmed. Little appears to be happening but I suspect there is much happening behind the scenes.
If you look at a single tree that is what you see. If there is another tree beside it, you see a second tree and so on.
But when you look at ALL the trees then what you see is a forest and this is my analogy for Wallbridge Mining. They are growing a very substantial mine - or more than one - and it is taking time. It is a classic case of past gold bull markets when juniors morphing into intermediates and onward attempt to throw off as many riders as possible. But those who cling to their trusty steed for dear life will in time see Pay Day and I suspect this is the case with Wallbridge. No promises but it looks that way to me.
If a given shareholder is unhappy with the lack of alacrity of the share price ascent during the present moment, then cut the misery and reposition into an alternative company in the sector which you perceive to be more fruitful.
I could be wrong, but I believe Wallbridge is going to pay off and pay off big. It is a matter of time, demonstration of increasing amounts of gold and patience. It could merge with a major or be bought outright or eventually become a profitable working mine in its own right. At the rate money is being borrowed, printed, etc. the national debts of numerous countries is going to soon be rising parabolically if it is not already. Inflation is good for gold and the last time I checked the real rate of return on monetary investment vehicles was -1.64%. MINUS!
These factors are very positive for gold and its proxies, the miners.
Gold is just beginning to show an upward stance and I believe this is going to intensify, perhaps very strongly. All the "fundamental ducks" are certainly lining up, that's for sure.
Whatever you do, I wish you great good fortune. I am sitting tight and watching what effect strengthening fundamentals are going to have on the junior gold explorer sector, including those which have passed from rank junior to intermediate.
Typically, the better junior gold explorers do better share appreciation-wise than the major producers. But a rising tide lifts all boats.
Let us see what happens with this one.
Great comment SHYLOCK;.......as for me I will sit and wait. Cheers!
Dutch.