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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 May 04, 2021 3:24pm
104 Views
Post# 33125108

RE:RE:RE:17.79gr/t over16.4 mètres last week

RE:RE:RE:17.79gr/t over16.4 mètres last week
YetAnother1 wrote:
BuccaneerBiff wrote:
Currower wrote: Management didn'tpromote it? I might as well. Near surface in  the Gabbro 400 metres out and open pittable. Find a grade like that at Detour. Management is great drilling team is great. Kirkland Lake has the BOD under control. Ask yourself with a ridiculously low share price? Only KIRKLAND LAKE. GLTAL

I didnt know 1 vote was control. Crow.


Bucc

Unbelievable what gets posted here.
Maybe Sherlock is right.

 

It has been noted in previous new releases and is also stated on the WM site that the 43-101 is due out in the last quarter of this year.  We have had some amazing resutls and are soundly grounded at th $0.60ish range.  I feel that when the 43-101 is released the real action will start.  Until then we wait.
  Currow I feel your angst however, I think the constant pushing of this point of the "Fox in the Hen hous" (accurate or not) is not benefitting.  We are aware of the dynamics and makeup of the team.  The question is do you accept that or not.  Not much else you can do.  As for my position I fully understand the situation and will live with my decision to hang in.  If not for yourself then you must decide what your next move is going to be Stay or go?
  What value will potentially be realized? Let's not kid ourselves whom ever buys this play will not pay anymore than they really need to.  What do we have? An operational mine with proven and inferred reserves will bring more than bare ground with those same assets. Nope!  With FENALON we are somewhere in betwen when considering the current infrastructure already in place.  Perhaps the flow through financing is being utilized to enhace that portion of the pie. Join the AGM and ask the question.  This is a waiting game and IMHO will pay off more than well for those if they were in early and marginally if you bought in during last summers frenzy.  I am guessing any offer will be above the highs of last summer.  I have to think that Sprott  who is involved in both KL and WM and everyother mine everywhere is not going to take a bath on his investment. He has said as much. So again IMHO I feel when an offer hits it will be north of a $1.50 on the low side.  High side yet to be determined.  Until then we sit and wait, only time will tell.  Cheers!
Dutch  

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