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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 Flopticalcubeon Oct 06, 2021 11:21am
167 Views
Post# 33973488

RE:Don't you think

RE:Don't you thinkThey would lose out on the ability to issue FT shares if they started revenue on the project. This is why they cancelled the small mining permit (Marz mentioned in one of the recent interviews). I never thought WM had the expertise to run such a large operation anyhow. Best thing to do would be to JV the project to a major who could stump up the $200M needed to build out the mine and move on to develope Mart and Grasset.
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