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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 tndlon Feb 08, 2022 3:23pm
185 Views
Post# 34409863

For what it is worth

For what it is worthStaff at WM confirmed that the recent trading halt was not requested by WM but rather done by IIROC. Further the capital raise was done now to assure there would be enough $ for the ambitious drilling program without running short mid year with uncertain times with the markets. I personally would have to agree. How much lower may our share price drift in the next several months? Hopefully little or none, but I'd hate to raise with a sp of $.20. Now everyone knows it would have been better to do this week's ago, but that is hindsight. If we were all that bright we would have sold then and bought back in now, but I bet few did.dyod and best of luck to all.
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