In November 2020 the Board of Wallbridge approved the Detour East Joint ? Venture with Kirkland Lake then the proprietor of the World Class Detour mining complex. It gave Detour an absurdly long timeline to develop and drill the property. Before this the CEO of Kirkland Lake Tony Makuch and board member of Wallbridge had been outbid by Marz Kord who paid 2 cents on the dollar instead of the one cent Tony Makuch of Kirkland Lake had for all the highly prospective land package adjacent the Detour mine. Arguably Marz Kord accomplished the best Abitibi mining deal of the decade.
I came on our board after reading the Details or the Detour East deal recognizing it's failings. Essentially giving something for NOTHING and discouraging other interested majors. Marz Kord's rationale for this specious deal was that we couldn't drill it for years due to the enormity of our land package??? As we focussed on Fenelon Martiniere Grasset (4sq Kms of our 910 sq km land package ending at the Detour mine. Agnico Eagle merged (swallowed?) Kirkland Lake Gold with their CEO Tony Makuch's approval. Then Tony Makuch was announced as the new CEO of
Agnico and Sean Boyd became chairman of this combined entity. TWO WEEKS later Tony Makuch was resigned due to ??? an unknown disagreement . Boyd and Makuch were and are silent on the subject .
Because of our large share float and low share price and the incredible and now real potential of our mining camp, we have been the prey of professional brokers and paid social media influencers working for ANONYMOUS accumulators or accumulators. Tony Makuch is still on our board. Eric Sprott still owns 19 percent of Wallbridge Agnico still owns 9 percent along with the Detour East Joint?Venture. I now own shares at a much lower cost than their cost. Our Market Cap $167 million is now lower than Eric Sprott's payment for his 19 percent.!! We are cashed up and there is no need for ANY SALE to ANYONE.NO more JOINT?VENTURES.
A easy solution for all remaining Wallbridge investors at little cost is a 2 percent NSR on some of our enormous land parcel next to the Detour mine. As Marz and the board explained two years before. WE CAN'T EXPLORE IT FOR YEARS ANYWAY. Along with the spinoff shares I'll be happy to buy more. If the board doesn't vote for it let them ask Attila Pentek to drill an admittedly expensive wildcat hole next to Detour East. Maybe our friends at Agnico's Detour complex will lend us some equipment LOL. GLTAL REAL TAXPAYING WALLBRIDGE INVESTORS on this and the CEO . CA WM bullboards