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
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
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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
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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
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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
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Comment by
sparky5 on Dec 15, 2021 1:17pm
bucky new handle..to the iggy