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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 focused on exploration and sustainable development of gold projects. The Company’s flagship project, Fenelon Gold (Fenelon), is located on the highly prospective Detour-Fenelon Gold Trend Property in Quebec’s Northern Abitibi region. The Company’s Martiniere project is located approximately 110 kilometers (km) west of the town of Matagami and 150 km north of Amos, Quebec, Canada. The Company’s Beschefer project covers 6.47 square kilometers (km2) and is located 28 km southwest of the Fenelon Gold project. The Company also holds a 19.9% interest in the Archer Exploration Corp. (Archer). Archer holds a portfolio of nickel assets in Ontario and Quebec.


TSX:WM - Post by User

Comment by pepperinoon Jul 06, 2024 7:55am
51 Views
Post# 36120929

RE:RE:Wallbridge will be sold within eighteen months

RE:RE:Wallbridge will be sold within eighteen monthsI would appreciate some new material, as this '100 bagger' is getting old.

Here's a multiple: 2
Sprott could double his money at 84 cents a share in a 5 year period. (over 14% compounded return) 
I know this isn't the answer you are hoping for, but I'd take that number right now.  Anythig higher than that gets to be wishful thinking unless somethig material happens. (aka a major strike/discovery) 

The problem is money.  After this year, WM will need to find more funds.  If the market value doesn't change, then we are in for dilution like we haven't seen before.  
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