Bullboard - Stock Discussion Forum Wallbridge Mining Company Ltd T.WM

Alternate Symbol(s): WLBMF

Metals & Mining Industrial Metals & Minerals

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

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Wallbridge Mining Company Ltd > Theory...

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Post by flycrazy on Jun 25, 2021 6:59pm

Theory...

Starting to wonder since KL is on the board of directors is it possible Marz and Mark have some paper napkin deals going? Like if the RE is 5 mil oz then Kl pays xx, if 4 mil oz then Kl pays xx etc. That could epxlain the lousy PR and why Marz doesn't seem to care what the SP is. Then when the RE is done the offer gets submitted. Just a theory but would make sense.

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Comment by YetAnother1 on Jun 25, 2021 7:52pm

Tony is on the board. Not KL KL is 9.9% so not an insider. But Tony is an insider. Your napkin theory would have someone breaking the rules. I don't see it.

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Comment by YesSetForLife on Jun 25, 2021 7:56pm

I think that they will let the share price drag down lower let say to .40 and make the buyout for .53 lollll

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Comment by Currower on Jun 25, 2021 8:09pm

It won't pass with Sprott or the Quebec Pension plan. Sprott's in it for money and legacy. This property has higher grade gold than Detour plus high grade nickel and is a camp. It's not going cheap. Quebec isn't permitting or letting go of a ten thousand job company to a company outside of Quebec including the HO.This is a BIG DEAL.They will not antagonize the Cree who ...more

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