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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 pepperinoon Dec 02, 2023 8:36am
111 Views
Post# 35764958

RE:Good beginning it’s move to $2500

RE:Good beginning it’s move to $2500It will be interesting to see how long it takes a major, like Agnico, to want to pursue Wallbridge.  Sure, the cost of Wallbridge will go up as the price of gold increases, however AEM was up over $5 a share last week.  Every $1 they increase, it's about $500 million in market cap.   So the relative buying power increases exponentially for a large cap major.   Eventually, the time will be right. 

I'm anxious ot see the drill reports for the final 19 holes from Grasset and Martiniere (I assume there are more resiults to come).  If Wallbridge starts to creep uo to the 8 to 10 million in reserve ounces, it's prime for a take over.    And the price of Wallbridge continues to rise with the price of gold.  
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