Wallbridge Mining Company Ltd T.WM

The season to make money

[knowchance]

My chart guy says this could be a little early but we have been bouncing off 75 to 77 cents for a month . Tax loss season is over. Drill results are coming in. I am accumulating at these levels. I took some profits from NFG and loading up on WM and SICand SPMT.  Good luck to all. PS. Even with Eric dealing with family matters his investments are sound plus now we have KL on board. My opinion ....WM will bea take out by KL and it won't be at 76 cents.....

[freemax1]

Knowchance ! good for you !! but if you can  check QMX !!!!!  in my old book it,s the PLACE to be for the jackpot  dont miss your CHANCE  lol

[BuccaneerBill]

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[jcw604]

The chart tells you what the market's thinking about the stock. You can have your own thinking. That is why sometimes, people go against the market. From my experience, those 2 things have to be both considered.

[BuccaneerBill]

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[jcw604]

You are right. However, there is also this general mood of the stock that can last for months. I think there are the automatic trading programs that last for months either buying or selling, and there are those who backstop the trend when a certain bottom or ceiling is reached. Usually, the backstop wall is somewhat elastic. However, for WM, it seems like the 76 cents backstop is quite firm. The

[BuccaneerBill]

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[jcw604]

When buyer is buying huge lot at a certain price level and managed to backstop the sliding of SP, he probably have done quite a bit of quantitative analyzing work on the stock. It is easy to have an opinion on a stock, both buy and sell. However, trying to answer the question at what price level should I buy and what level should I sell require quite a bit of quantitative analysis. If you have a

[BuccaneerBill]

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[BuccaneerBill]

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[knowchance]

Billy.. i missed the best buy on Sherritt.  I think will do well as long as nickel stays up. They also have cobalt. One drawback is the Cuban govt owes them for hydro big time and cant afford to pay. Covid won't help. I like NCU as recovering copper play.  Pgm and CXB as emerging producers in gold.  Taking a shot on AUN in silver  luck to all.

[BuccaneerBill]

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[Reachme]

Are you a WM shareholder?

[BuccaneerBill]

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[knowchance]

i do hold WM.

[jcw604]

If it works for you, great. So far I have not been successful in catching the momentum. Sometimes I caught the peak, other times, it is just a matter of waiting for another higher peak. I had bought wm in the 20's but cannot stand the roller coaster ride of it and got out at 40. I didn't look back at it for a long time, but now finding the current pattern similar to when I originally got

[diabase1]

In my view, with so many shares outstanding, you have to go by the market cap to value this company and its stock price. Does the MC look too high?

[BuccaneerBill]

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[diabase1]

With a MC of 591M, the SP of WM is 0.75. If another company had a MC of 591M, but only had 80M shares outstanding, the SP would be $7.38. With what WM has indicated so far at Fenelon, the market is valuing WM at 591M. However, I understand what you are saying too.

[BuccaneerBill]

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[BuccaneerBill]

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[Paray99]

But Kirkland lake clearly knows how much Wallbridge is worth of. That is why they directly osmosis ~10% of the company and holds 75% interest by spending 35M in exploration over 5 years. What a stealing deal!  Now that WM is going for some major drilling, my only worry is if KL take the company over before we get to see the assays and get out best deal....  Recent price action of WM

[Hopeful123]

Marz u have to go..

[ProudItalianDW]

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[BuccaneerBill]

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[BuccaneerBill]

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[YetAnother1]

Very interesting. I'm sure the wingnut will use this as proof that you are definitely part of the great SH scammer collective.

[BuccaneerBill]

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