Wallbridge Mining Company Ltd T.WM

News release

[tndl]

Numbers to me don't look huge, but more confirmed expansion.  Comments, anyone?

[OneDayRodders]

Look pretty good to me .... expanding nicely and no end in sight

[tndl]

Thanks very much for responding.   With all the chatter on this site, I would like to see more discussion when we do get a news release.  Appreciate your input.

[OneDayRodders]

Totally agree ... seems like a constant spat going on between a few that's ruining this chat room. I take comfort holding here due to the below .. Huge Valuation Gap IMHO Wallbridge Mining 0.16 cents (WM:TXE) Market Cap $141m MRE recently announced .. Detour-Fenelon Gold Trend Indicated resources of 3.05 Moz at 3.09 g/t Au Inferred resources of 2.35 Moz at 2.96 g/t Au Huge land package

[Stockpicks96]

Agree with what onedayrodders said, these are strong results and add to the resource nicely. Unfortunately, we are stuck in the mud with almost 1 billion shares outstanding and the Wallbridge team being insistent on developing this mine themselves. I think Pierre Lassonde would deem this the "orphan phase" of the Lassonde curve, and it would take a major catalyst to snap us out of this

[tndl]

Interesting  and thanks for sharing. If you had $10k or $100k to invest now, would you put it here at these low prices and why or why not?  Thanks again.  Good to get a little string of comments focused at least mostly on the stock.

[Stockpicks96]

Tough question, but a fair one nonetheless. I do think Wallbridge is grossly undervalued at these levels, there's no question about it. We have essentially built a 5 mill + ounce resource that is ready to be mined very soon. I do fully expect wallbridge to be taken over in the future, at a higher valuation than todays levels. I think the highest bid we see is 0.70 per share, while the more

[OneDayRodders]

Personally I would think the value on a takeout would be moderately higher than that, despite the shares in issue. Bottom line will be down to market cap, and with the ongoing drilling and resource continually expanding, it's not too far a stretch to see a 3 figure take out and a ready made pre production proven resource worth $1bn. Factor in a potential 'gold rush' and surging gold