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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.


TSX:WM - Post by User

Wallbridge Mining Company Ltd > A sea of red today
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Comment by westcoast2019on Jun 23, 2021 11:08pm
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Post# 33439662

RE:RE:RE:RE:RE:RE:A sea of red today

RE:RE:RE:RE:RE:RE:A sea of red todayThanks for the encouraging info.

Like you I am content with what I am holding. Its a large position for me and has lost a lot of ground scince the highs last yea rof over $1/share but all my shares including broker fees are paid for from previous trading  and my current cost per share is zero. So whilel I wouldn't like it if the price retreated further in the short time I can at least take comfort in that the worst that can happen is that I will break even if the company goes bankrupt.
 
I am thinking this stock is poised for a big run if gold prices rise as I expect they will with our temporary inflation which the FED just said may be temporarily longer than they originally thought.
I hope we get that run before any takeover offers are in the works.
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