RE:RE:RE:RE:RE:Humbucker
Wallbridge is not on a path to production, that is why the SP has been hit so hard. Remember the high flying days of 800+ million market cap? That was because they had a blue sky path to production in 3-4 years. But mgmt has proven over & over they aren't going that route. They will be bought out, & the buyout will be Yooge! So why do all the hard work? There's a party on Pender Street, & all the miners are invited. Have a Pina Colada, just charge it to the forthcoming Wallbridge buyout. Meantime, let's do a little drilling. Over here, over there, & a webinar of how we valuable we are for a buyout. We are a junior, juniors don't build mines. But they could have. It was right there in their hands. They could have raised CAPEX alone. But why do that when you can do a little of nothing & wait for your big payday? It's sure to come, it's automatic, it's in the hole. Wallbridge behaves like all the other juniors that can't build a mine without a JV. I don't see that changing. Juniors do build mines, & those that do are highly prudent with every PP to get to the finish line. Wallbridge was the microminer that could have been a midmajor miner. Instead, they chose the easy route of waiting for their white knight.