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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

Wallbridge Mining Company Ltd > Delay on resource estimate ?
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Post by Goodtoreadthis1 on Sep 21, 2021 3:54am

Delay on resource estimate ?

It would have helped all investors better understand  WM if WM had given a reason for the one month delay in publishing the maiden resource estimate for Fenelon. Too much data ?, covid infections for analysts?, wrapping the recent drill results in RE etc.   

Fenelon is a big complex find; but delay runs counter to WM's mantra - we check all the boxes. Martinere -if ready- should have been released on time.  Balmoral really had probles with artinere so if WM were to simplify and enlarge Martinere  us Balmoral holders would have appreciated it.
Comment by Currower on Sep 21, 2021 8:08am
Everybody is impatient. Lab results for all my explorers are delayed. NSG is the worst delay. . It's so obvious why would Marz mention it? I prefer to have a delay and have a 7 million MRE rather than a rushed incomplete MRE on the 3 sq km of our 90  sq km property. During the delay the sp will be manipulated as usual . The committed investors like Sprott Day Quebec Pension Plan and the ...more  
Comment by Flopticalcube on Sep 21, 2021 10:52am
Reason is in the press release:  The prolonged assay turn-around times due to high volumes experienced industry-wide has delayed the receipt of critical assay results in support of the MMRE. The Company now expects to announce the mineral resource statements by the end of October.
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