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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 Stockpicks96on Nov 07, 2023 12:09am
176 Views
Post# 35720742

Dispelling the Non-Sense Posted Here

Dispelling the Non-Sense Posted HereSure I would be happy to "help you understand". Eric Sprotts method of investing is throwing sht at a wall and hoping it sticks. He is wrong way more often than he is right and that's just facts. Don't believe me? Sure just follow his investment strategy and enjoy the pain it causes your wallet. The reason that sprott has been successful is because he doubles, triples and quadruples down on his winners (kirkland lake comes to mind). His FEW wins blow his MANY losses out of the water. It ain't rocket science Crow. If Sprott still thought wallbridge was a winner, he would be buying up these shares like you would not believe.... but he isn't, and hasn't in years... in fact; he hasn't publicly pumped or endorsed wallbridge in years either... ouch. That glowing endorsement has been replaced with total utter silence. Since those... underwhelming resource estimates, sprott realizes the writing is on the wall. The hype is long dead. Remember the famous "who knows how many tens of millions of ounces" pump? Well, they aren't even close to 10 million as it stands. Yup, that's what resource estimates do to stocks crow - they kill them. You can blame that directly on Marz Kord and his "strategy." You either have the goods or you don't. That pathetic resource estimate in 2021 and again earlier this year pretty much put a cap on the blue sky all investors saw in this play. There is now no pump that sprott can give that will erase the fact we have over 1 billion shares outstanding either. Yes you read that that right. 1 billion shares. Who's fault is that? At this point it doesn't matter, this is the reality we shareholders face. How does a 10 for 1 rollback sound? How about 15 for 1? Get ready for it. The reality is we always had a solid mid tier deposit but never the world class deposit that your idol sprott pumped to the world. Chris Taylor over at GBR could deliver a masterclass on creating shareholder value, a blueprint marz and Co should have followed. When you combine the pumps of mining investor "legends" like Sprott with the horrible "strategy" our senior leadership followed these past three years and you get the train wreck you see today. Viola - wallbridge mining in a nutshell ladies and gentlemen. Oh and one final thing Crow, when this play is taken over for a laughable premium (does 0.25 sound fair at this point ;)) you can remember this comment. Your little pea brain just might finally understand how wrong you were all along and just how right I was. It'll be a tough pill to swallow for you no doubt, but don't worry, your idol sprott will point you to the next Wallbridge Mining. 
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