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Wallbridge Mining Company Ltd T.WM

Alternate Symbol(s):  WLBMF

Metals & Mining Gold
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 > I expect....
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Post by mercedesmanon Feb 18, 2022 1:19pm
224 Views
Post# 34442533

I expect....

I expect.......this begins to move up following the closing of the Bought Deal financing and PP.

Should be complete by Feb 24th or thereabouts.

The PP at .37 (smart money) and .41 (FTs), and KL's participation, tells you everything you need to know.

You'll likely see the shorts cover at least a portion of their postions in the ensuing weeks.

 Also explains alot of the noise & BS here.  Very common stuff after a financing.

Reminder 4.3 M oz Indicated and Inferred.   Near existing mines. 

No brainer below .35 IMO (especailly if/when gold takes off)

MM




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