Wallbridge Mining Company Ltd T.WM

Just Out NEWS!!!!

[Reachme]

2022-07-26 | TSX:WM | Press Release | Wallbridge Mining Company Ltd. (stockhouse.com)

[Reachme]

Wallbridge Reports Significant New Extensions of Known Mineralization at Fenelon

[Reachme]

FA-22-394-W1 10.96 g/t Au over 2.20 metres, including       18.76 g/t Au over 1.20 metres within Area 51, adjacent to and within the 2021 MRE block model. This intersection is in addition to assay results released previously in Wallbridge press release dated May 30, 2022.      

[inviolablspirit]

Visible gold in a number of shallow core samples and some very high g/t Au in some deeper ones, but over a small distance.  It looks like they would likely open pit some of the shallow areas for the first 200m - 300m or so and then target the veins for the higher grades and underground mine them.  That is if they are not acquired at these low prices.   Many Gold stocks are on

[tndl]

You sound like someone who has been at this more than once or twice. Appreciate very much your comments and especially follow up on today's announcement. Any comment from you re the tremendous trading volumes of this company recently (with plummeting price in the face of a very nice nickel announcement as well as today's drill results)? Do you think Sprott/other big holders will be able to

[Reachme]

once Wallbridge gets to $.25 you will see more buying and also Gold over $1800.......at this very low price it's a same bet imho

[VilleVanSpurs]

I think Sprott would be a seller but since he has too many to sell so he will be a donater and Kirkland  doesnt exist anymore. I dont think you know what youre talking about. Ville

[inviolablspirit]

What do you mean, Kirkland Lake doesn't exist anymore?  You may want to check the most recent July 2022 presentation.  Kirkland owns 9.8% of the stock.  So unless I'm missing a news release since the posting of this presentation, I can only go on what is posted by the company and their news releases.  A change of 9.8% ownership would be significant news and I don't

[VilleVanSpurs]

Well I could leave you to flap in the wind I suppose but I am a kind and gentle human bean. Kl is gone . It was "merger of equallied" with Aem. Tony is gone and Aem runs it all now. So much for what you know about mining. You should stick to your cannabis stocks. Ville

[inviolablspirit]

And so how does this change the fact that Kirkland Lake still owns 9.8% of WM?  It doesn't!  This merger took place back in February.  The fact that they merged under Agnico Eagle's name doesn't mean Kirkland Lake no longer exists.  Clearly they still do, just under a new name.  It was a merger of equals.   Sorry, if I don't follow every news release

[Reachme]

@inviolablspirit  Good post!!

[VilleVanSpurs]

Good to know you really were clueless on the merger. Let me ask you another question then, one I like to ask newbie gold investors like you who always get it wrong. How many ozs in a gm? if you cant answer something as basic as that you have no business investing in the sector. Good luck. Ville:)

[inviolablspirit]

Clearly not a newbie to have stayed out of the gold sector until now.  0.00000000000000035 ounces in a gram.  Did I get it right?  I may have a few extra zeros in there. Open pit costs are $7.00/tonne and processing costs are $12.90/tonne  Underground mining cost $70/t and processing costs for underground is $16.80/t.   Whats 140g of gold in ounces?

[VilleVanSpurs]

Youre not even close so why are you investing in gold stocks? Ville

[inviolablspirit]

Well, like I said I may have accidently added in a few zeros there.  I'm sure I must be close.  Did you caluclate how many ounces 140g are?  Or are you still working on that one.  

[inviolablspirit]

Sorry, I may have misunderstood your last email.  Was I was dead on in the gram conversions, but was wrong on the mining and processing costs, becasue I used Canadian dollars for those?

[inviolablspirit]

Wow, you guys are right, this guy doesn't like to answer questions.  I wonder if he's still reading my two sentences or it he's still working on that conversion.  Comprehension may be an issue for him.  Maybe he needs to use google translate.  

[VilleVanSpurs]

4.500884 oz for 140 gms bubblicious. Stick to what you know. Cannabis is imperial not troy. Ville

[VilleVanSpurs]

1 oz = 31.105 gms bubb .03215 oz in a gm bubblicious. Gold is bought, sold, reported, produced etc in troy and not imperial. bubb Ville

[inviolablspirit]

Well, you're absolutely right that completely disqualifies me from ever investing in gold.  Thank you! That 0.03 ounce difference, minus all my zeros in the numbers will certainly make all the difference in the economics of this property.  I'll immediately sell my shares and put my money on something else I know nothing about and go ponder how all that money from investments

[inviolablspirit]

He's certainly entertaining!

[inviolablspirit]

Are you still working on that conversion in "troy" ounces?

[inviolablspirit]

The trading day is pretty much over, I got better things to do for the remainder of the day.   I picked up some shares, despite my "lack of qualifications" to buy gold stocks, and will probably pick up more tomorrow.  Have a good day guys!  

[VilleVanSpurs]

I never told anyone not to buy wm. So knock yourself out. Knock out fluffy while youre at it too:) Ville

[Paray99]

How many ozs in a gram??? What an idiot!

[BuccsSnakeOil]

Based on your history I would say youre the idiot. Bucco