Post by
RevT79 on Oct 22, 2020 3:13pm
Wallbridge
Wm is trading at 89c rigth now
would be good for Kl to buy them now and get it done now.
we all know they have a high grade deposit with open pit and underground potential.
they also have 100 millions $$ in the bank.
after all the drill result they have release in the last 3 years it is safe to say they have at least 5 million ounces in Fenelon only.
that would be the equivalent of paying 100$ an oz not counting the 100 million $$$ in the bank and infrastructure.
Comment by
ProudItalianDW on Oct 27, 2020 4:49pm
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Comment by
prouditalian on Oct 27, 2020 5:50pm
As I wrote before, Sprott has pumped Wallbridge as far as he can....and history repeats...down she goes. No chance that KL bails old Eric out...Wallbridge will have to build it out if its there and dilute and dilute and dilute. Bagholders are created.
Comment by
HurricaneZeta on Oct 27, 2020 5:54pm
I would say its far too early to tell. It will depend on what they find. But if kl does buy them it will be because it makes sense. I dont understand why you have such a problem with wm. Z
Comment by
RevT79 on Oct 28, 2020 12:20am
Indeed!! just like osisko... they have wait too long to to do their RE. who would pay 2 billion dollars for gold in the ground with no mill.
Comment by
ProudItalianDW on Oct 28, 2020 9:31am
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Comment by
prouditalian on Oct 28, 2020 9:40am
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Comment by
ProudItalianDW on Oct 28, 2020 10:26am
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