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Bullboard - Stock Discussion Forum 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... see more

TSX:WM - Post Discussion

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Post by dutchmann64 on May 13, 2021 7:01am

Permits

"Permits

As disclosed on January 11, 2021, due to the increased size and scope of the project, the Company has paused the permitting process for a small-scale gold operation in the Gabbro Zone. The Company is now focussing its efforts on submitting permit applications, supported by an updated project description and environmental and social impact assessment, for a much larger and more appropriately sized operation following the delivery of the MRE and associated economic studies."
Reading between the lines I would say this is a very compelling statement.  We clearly are going for a larger development here;..perhaps a producing mine as WALLIBRIDGE as opposed to a sale of the assets for someone like KIRKLAND LAKE or NEWMONT to take up the lead?  Does anyone have thoughts as to what the MRE will produce?  Thoughts?  Cheers!
Dutch ( HS )

Comment by noeIstrlfe on May 13, 2021 7:01am
Comment by dutchmann64 on May 13, 2021 7:12am
Comment by BuccEyesBilly on May 13, 2021 7:29am
This post has been removed in accordance with Community Policy
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