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Bullboard - Stock Discussion Forum Wallbridge Mining Company Ltd T.WM

Alternate Symbol(s):  WLBMF

Wallbridge Mining Company Limited is a Canada-based company, which is engaged in the exploration and sustainable development of gold projects along the Detour-Fenelon Gold Trend in Quebec's Northern Abitibi region. The Company is focused on advancing its 100% owned Fenelon project and Martiniere project. The projects are situated within the Company's approximately 830 square kilometer (km2... see more

TSX:WM - Post Discussion

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Post by pepperino on Dec 05, 2023 1:44pm

Wall

It's quite the wall that was put up at 11 cents a share.  Morgan Stanley selling and RBC buying in most cases.  I thought maybe they would burn through alot more shares by now.
Comment by Currower on Dec 05, 2023 2:11pm
It isn't a real market. No one except them are selling and buying, Morgan Stanley and Anonymous are playing with each other trying to phish out stoplosses. Everyone still holding know this stock is worth 10 times the present bid/ask right now. GLTAL REAL TAXPAYING RETAIL WALLBRIDGE INVESTORS AND ERIC SPROTT.
Comment by pepperino on Dec 05, 2023 2:37pm
Having a 5 million share buy order doesn't fish out stop losses.  It puts a wall up to all sellers knowing they can sell for 11 cents a share and not lower.  The order is still up and filling, so it seems legitimate.   Someone wants to pick up about 1/2 a percentage of the share float.  
Comment by Currower on Dec 05, 2023 3:02pm
I assume that you don't see all the small lot sells into bid simulating real trading. If anyone is naive enough to put a stoploss  on a large quantity of shares at 11. The bid will disappear and ANONYMOUS will swallow the stoploss. A millisecond later the wall at 11 cents will reappear. The same tag team accumulation for 3 years. 
Comment by pepperino on Dec 05, 2023 3:11pm
I do see the small lots selling.  But why do you think anyone has stop losses on this at this stage?  If they did, the 11 cent stop-loss would have triggered immediately.    I don't know what exactly is happending with this trade block.   When one seller and one buyer are stacking up trades, it doesn;t seem like a fair market.   We've got 2.25 ...more  
Comment by Realist101 on Dec 05, 2023 4:39pm
Is there any reason not to think this is just another indicator of an imminent RS?
Comment by pepperino on Dec 05, 2023 6:17pm
Yes, there is a reason.   The company said they aren't doing a reverse split.   They don't need to.  They are looking to be aquired, not propduce a mine.  
Comment by OneDayRodders on Dec 06, 2023 2:29am
Yes .... Realist101    Member Since: January 31, 2017 Reputation 0 Followers 0 Following 0 LOLOOOOOO
Comment by Currower on Dec 05, 2023 3:18pm
Accumulation and price suppression on the way down . Now accumulation and price suppression on the way up. 100 BAGGER. GLTAL REAL RETAIL TAXPAYING WALLBRIDGE INVESTORS AND ERIC SPROTT. NO SALE TO ANYONE. ALL CASHED UP INTO 2025
Comment by skeenaman on Dec 05, 2023 4:19pm
playing with the big boys
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