Wallbridge Mining Company Ltd T.WM

On Nov 29 2019 Kirkland Lake PAID 42 MILLION

[Currower]

Dollars for Wallbridge shares at 57 cents a share no warrants in a private placement.The POG then was in the high 1600 's. The value of this company hasn't changed. It's only gotten better. Time to back up the truck. Welcome to crazy times in crazy land. GLTAL

[YetAnother1]

You know that CDPQ bought in at that time as well. KL was in for ~$30M

[RevT79]

The only person making money with wallbridge is Marz.... with is fat salarie if he would have kept with the plan of applying for toll mining permit this would be in the 4/5$ ranges as they would be mining extra high grades from the viper area and making tones of cash at these gold prices!!! Instead he just kept diluting investors and still does .... why is he still there?? remeber the presentation

[Reachme]

With the price of Gold near $1800 WM doesn't really seem to be benefiting at the moment....will it ever? This is starting to look like a nightmare....

[Currower]

Correct as usual yet another. Regards GLTAL

[flashcash]

I suspect the new Director will take care of the Nickel assets while the CEO takes care of the Gold assets. A spin off of the nickel assets would be a wise move. GLA

[jcw604]

Directors cannot be involved in daily operations. They just hold the board meeting to authorize operation proposals and give instructions to the CEO and anything under them. Off course, it has to be the decision of the whole board.

[YetAnother1]

Yes, And besides, I thought Frank or Attila were on that file.

[flashcash]

As a Director in the past I most certainly got involved with daily activities  !

[Paray99]

Looking at the conditions of many companies, directors probably just bullshiit and make their pockets bigger! 90% of the time they only know what they hear from the company management.... 

[flashcash]

That's why you get amoungst your workers to see what the F is going on !

[YetAnother1]

That is a rare thing