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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 > What's Not to Like???
View:
Post by Shylockreturns on Nov 10, 2021 12:42pm

What's Not to Like???

  • Total combined Indicated Resource of 2.67 million ounces: 43.56 Mt grading 1.91 g/t Au.
  • Total combined Inferred Resource of 1.72 million ounces: 31.78 Mt grading 1.69 g/t Au.
  • Fenelon has evolved from a small high-grade underground deposit to a multi-million-ounce potential open pit and underground bulk mineable deposit.
  • Significant expansion potential in multiple directions laterally and at depth at both Fenelon and Martiniere.

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The really smart money is buying while the really dumb money sells!

This is always the way of the roller-coaster known as the junior gold exploration market.

After this is all digested, hold on for the ride UP!  Oh, and thanks for the stupidly cheap shares.

Great good fortune to all!
Comment by Jetboy1 on Nov 10, 2021 12:55pm
Sell it to the highest bidder,they will need money to continue drilling means more dilution and maybe a roll back,,I came out of hidding to see what was happening,not a whole lot by the looks of things. WB has along way to go.They need a lot more cash in the long term to keep going. JB
Comment by Flopticalcube on Nov 10, 2021 1:02pm
The still have $50m in the bank.
Comment by Lemboy on Nov 10, 2021 2:03pm
Agreed, I bought 30K of shares today at $0.48.  Thanks for the cheap shares.
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