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.

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Wallbridge Mining Company Ltd > Share Price of WM

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Comment by pepperinoon Apr 16, 2024 3:51pm

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Post# 35992238

RE:Share Price of WM

I've often said this company is worth $500,000,000 as is. Based on similar calculations of value of gold in the ground. I think the one thing holding it back is the doubts of the economics on Fenelon. The grades below ground and the amount of resource seem to have the market skeptical. If Martiniere can increase the open pit resources, it will go a long way to selling the economics of a combined project. This is my opinion.

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