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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 YetAnother1on May 19, 2021 8:24pm
236 Views
Post# 33235351

RE:RE:To all Wallbridge Mining shareholders -

RE:RE:To all Wallbridge Mining shareholders -
Angelique01 wrote:
Shylockreturns wrote: Don't fret over the present price.

The thieving manipulators, of both the shares and bullion, will soon be left in their own dust as the fundamentals for gold and the shares push prices up and price discovery is unveiled.  The scamsters can only run the rig as long as gold fundamentals allow it.

However, we are now embarking upon an era in which macroeconomic factors and geopolitical factors and economic factors, all interwoven, will conspire to push gold much, much higher than it is today.  The rigs cannot be run in such an environment.

Some have speculated as to what the sale price of a share of WM will be at such time as Uncle Eric pulls the trigger.  We have a range of from $1.50 to $10.00.  I am in agreement with that range but lean towards the upper end of it.  WM is far more likely to fetch close to $10 once a bit more exploration uncovers yet more rich gold.  That is the key to unlocking the price.

Until such time as a sale eventuates or the company starts mining, we shall keep our powder dry and invoke the critical virtue of patience.

Meanwhile, great good fortune to all.  This is going to be one for the ages, I believe.


 
  Besides a lot of hot air and fluff care to provide any financial assumptions, and specific  rationale as to why WM would warrant a price close to $10.  That would equate to a market cap of over $8 blllion.  Your track record to date doesn't inspire very much confidence.  Weren't you the one pumping this up at $1.30 with your full steam ahead.  damm the torpedoes comment.  Here shareholders sit 50% lower and poorer.  If your stock picking is as prescient as your US election prognostications heaven help us.   I like WM but at the right price.  It is a question of opportunity cost and what other gold stock bargains are out there. Not averse to nibbling at these prices but no hurry.



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