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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

Post by Shylockreturnson Jun 29, 2021 1:12pm
178 Views
Post# 33466612

It appears that WM may finally have reached the bottom

It appears that WM may finally have reached the bottomwith today's great release, only the latest in a long string of such releases.

If so, the share price is now commencing a rise which will exceed the downtrend in extent and ferocity.

We all know Wallbridge Mining is worth a substantial multiple of its present grossly depressed price and that is a circumstance which shall in due time be soon remedied, leaving the present depressed price but a distant memory.

As the share price overshot to the downside, a not uncommon phenomenon in the case of gold companies, it will overshoot to the upside in the coming UP correction.

Great good fortune to all present and future shareholders.  When this one breaks loose to UP from DOWN I suspect we shall be adding a considerable number of capital holders seeking a safe place for their investment capital.
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