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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 Curroweron Nov 07, 2023 8:04am
80 Views
Post# 35720956

RE:NO PRIVATE PLACEMENTS FOR AT LEAST

RE:NO PRIVATE PLACEMENTS FOR AT LEASTI'm sure Ruuusssel Floyd  would disagree but I believe short selling should be banned on Canadian Stock exchanges while the uptick rule is still in place. It gives an unfair advantage to predatory institutional investors that COMPLETELY swings the pendulum in  favour of American and Canadian Brokerages to play both sides. Example given. A private placement is made in a company with a hold on the shares for four months through one brokerage. A short is put on for the same amount of shares  in another brokerage account or accounts, It is particularly advantageous for a potential acquirer. Suppressing share price while making money both ways. Retail investors get the short end of the stock both ways.And the potential buyer has more voting shares to vote for a cheaper buyout. South Korea banned short selling during the Covid epidemic and have now banned it again. IT SHOULD BE BANNED IN THE CANADIANS RESOURCE SECTOR GLTAL REAL TAXPAYING RETAIL WALLBRIDGE INVESTORS AND ERIC SPROTT. WALLBRIDGE IS A HUNDRED BAGGER
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