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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 Jul 27, 2022 12:18pm
109 Views
Post# 34854007

RE:WM chart

RE:WM chartGood input. My understanding is that as insiders (owning at least 10% or more of total WM shares), any purchase (or sale) of ANY number of shares by either Eric Sprott or AEM would REQUIRE public disclosure within 48 hours. If Eric were to go over 20%, he would be required to make a public offer for the entire company. These requirements also pour cold water on any suggestion that Mr. Sprott is the source of the large volume of recent selling. Would love to see announcement that he is topping off with a little more purchase, but have not seen that to date.
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