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Wallbridge Mining Company Ltd T.WM

Alternate Symbol(s):  WLBMF

Metals & Mining Industrial Metals & Minerals
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 > Sitting tight .....
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Post by OneDayRodderson Sep 10, 2023 8:26am
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Post# 35628118

Sitting tight .....

Sitting tight .....
The best place to find a mine is where there used to be a mine or next to a mine...

History tells us that sometimes closeolgy can pay off in a BIG way.

hTTps://www.bloomberg.com/press-releases/2021-05-19/how-a-junior-miner-might-have-sparked-a-new-canadian-gold-rush

The "closeology" logic that has enriched the mining industry for centuries was
a play here, as well. Many people thought the mother lode was nearby. Amex
started drilling on its Perron Property, just west of Normetal. They ended up
with a huge discovery that turned them into one of the best-performing stocks
on the TSX Exchange in 2019 and among the top 50 best companies on the OTCQX
in 2020. It also helped them reward shareholders with up to 7,000% returns. No
one will forget that any time soon.

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