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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 Eric Sprott really said -
View:
Post by Shylockreturns on Dec 12, 2021 2:20pm

What Eric Sprott really said -

Eric Sprott was on the Sprott site or SoundCloud two days ago and this is what he said about Wallbridge:

https://soundcloud.com/sprottmoney/sprott-money-2021-wrap-up-with-eric-sprott?utm_source=www.sprottmoney.com&utm_campaign=wtshare&utm_medium=widget&utm_content=https%253A%252F%252Fsoundcloud.com%252Fsprottmoney%252Fsprott-money-2021-wrap-up-with-eric-sprott

Time:  34:18

43-101 hurt them because it basically was not exciting enough and did not create "visions of sugar plums" for investors to use a seasonal adage ALTHOUGH they have 3.5M Troy oz. of Au.

They have lots of areas to drill.

He believes they will ultimately prove up 10M shares "in due course."

End of comments.

Now, whether you consider WM "dead" money" or not depends upon your temperament.  The company could just go along running their 10 drills and hit something really nice or they could JV or be bought outright in what I suspect will be an increasingly active M&A season.

We will just have to wait and see.

This is the kind of situation that you may get away with being out of position but at the same time you may miss a moon shot if you are.

Your choice.
Comment by awesmo on Dec 13, 2021 12:38pm
havent you learned your lesson? sprott pumped this years ago whein it was 0.20-0.30 and it worked. he kepts saying it was a massive deposit with millions of ounces. Hes clearly doing the same thing to try and get it back up to regain his losses. Be smart, dont be fooled twice. your money is better anywhere else
Comment by flashcash on Dec 13, 2021 2:38pm
You said it, millions of oz's...normally it's worth billions but not today in a twisted world. GLA
Comment by Shylockreturns on Dec 13, 2021 4:43pm
awesmo - You write as one who has been burned and burned badly. I have not lost a penny on WM.  I bought it cheap, just a bit above where it is now, and have sold nothing;  therefore, I have no loss. I am not prone as are many on this board to the desperate need for instant gratification and whether you like Eric Sprott or not the fact remains he stated this one is going to 10M Troy ...more  
Comment by Silverspot225 on Dec 14, 2021 3:01pm
Hey Shy guy. WM has a lot of work to do to get to 10mill ounces. Will not happen over night or the next year. Best to park money elsewhere for now. Get ready to be bent over by Marz very soon with a very cheap PP and massive dilution. Truth hurts sometimes. Jmo silverspot
Comment by BuccaneersIslnd on Dec 14, 2021 3:31pm
This post has been removed in accordance with Community Policy
Comment by Flopticalcube on Dec 14, 2021 4:03pm
Why? They still have $40m in cash.
Comment by BuccaneersIslnd on Dec 14, 2021 5:02pm
This post has been removed in accordance with Community Policy
Comment by Currower on Dec 15, 2021 7:25am
And ten drills working and results coming.and 40 million in cash with a ridiculously low 300 million market cap. Mining bargain of the decade. GBR currently 1.8 Billion? GLTAL real investors except KL soon disappearing into Agnico. Where are the Detour East results Tony Magoo?
Comment by BondiBilly on Dec 15, 2021 8:16am
This post has been removed in accordance with Community Policy
Comment by Currower on Dec 15, 2021 8:41am
Bucky's Bondi Billy now what a joke! Where are the Detour results Tony Magoo? Wallbridge will be the mining camp of the decade GLTAL real investors except KL disappearing into Agnico.
Comment by BondiBilly on Dec 15, 2021 9:03am
This post has been removed in accordance with Community Policy
Comment by sparky5 on Dec 15, 2021 1:17pm
bucky new handle..to the iggy
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