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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 tndlon Jan 11, 2022 6:49pm
222 Views
Post# 34306005

RE:Valuation

RE:ValuationThanks for taking the time to make a thoughtful contribution to the site.  Others may or may not agree with your estimates, but you've at least brought forward some thoughtful conversation.

They as you know will have 8-10 drills going again this year, which could modify your calculations.  It would seem pretty obvious the resource is going to grow.  Any thoughts about how much and what that would do to the buyout value??  Thanks in advance for any thoughts.
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