Wallbridge Mining Company Ltd T.WM

Volume

[goldsoldat]

I am a WM shareholder. The volume today was almost 36 million. Spot gold was up more than $60/oz today U.S. It was posted that WM exited the GDXJ today. WM is well cashed up with additional liquid assets that can be sold, so the volume on the price drop is not due to liquidity fears. I doubt the GDXJ exit can explain the volume. Can someone provide a better explaination? TIA. Goldsoldat

[OneDayRodders]

It's a complete mystery and obviously nothing to do with bogus 500 / 1000 broker small fills this time. I don't know enough about the GDXJ exit and what sort of impact that can have. The valuation versus assets is beyond belief, particularly with Gold soaring and the Rupert Energy comparison is a pretty good benchmark. I can only think it's either a distressed big seller or

[OneDayRodders]

It could also be a glitch as I note the SP spiked down after the close and and also if you look at Wallbridge website they are reporting $14c close

[tndl]

From my understanding, leaving the index yesterday required selling 35million or so shares.  That certainly would account for the price move.

[Currower]

BS it was a 30 million share sell by the Gdxj etf the rest was a normal volume around .135. I preannounced this in a post a couple of days ago. A prearranged 30 million sell at market close. Sprott isn't going anywhere and neither am I. GLTAL REMAINING RETAIL TAXPAYING WALLBRIDGE INVESTORS.

[Stockpicks96]

Then keep your dead money and we'll keep laughing at you. Even in a strong bull market, wallbridge is not going to $3. Out to lunch.

[Currower]

Zzzzzzyawn Sprott isn't going anywhere and he has to preannounce any buy or  sale of his stock. Zzzzzzyawn

[grampax5]

Management?