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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

Wallbridge Mining Company Ltd > What will take to prove WM economics?
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Post by russelltfloyd on Jan 16, 2024 9:17am

What will take to prove WM economics?

The answer, my friend, is waiting on the shelf.
Comment by inviolablspirit on Jan 16, 2024 1:56pm
WM has already proved the economics of mining Fenelon.  Look at the last coorporate presentation.  They can mine 212 000 ounces average over 12 years.  Mine is paid for in 4-5 years or less depending on price of gold.  At the current price of gold (as of the time of writing this is $2026) that works out to $430 million per year.  That's $5.1 billion dollars.  Not ...more  
Comment by Currower on Jan 16, 2024 2:41pm
You are using too much common sense INVIOLABucco Russell and Stockpick don't like facts. Sean Boyd won't cross Eric Sprott and Eric Sprott will want serious profit for a five year investment of 63 Million at An average of 42 cents a share. No warrants. We have 18 months of cash and drilling.Martiniere wasn't included in the preliminary PEA. We will be adding years of mine life as more ...more  
Comment by Currower on Jan 16, 2024 3:47pm
STOPLOSS PHISHING AGAIN zzzzyawn
Comment by russelltfloyd on Jan 16, 2024 4:22pm
More BS from a BSer . Beware.
Comment by russelltfloyd on Jan 16, 2024 3:32pm
What we do know is NOBODY has jumped up and said they're in for over 600 million dollars and we do know that a share issue would add an absurd amount of dilution. So  little to no upside for current shareholders  as any potential partner has WM by the short and curlies. Know.
Comment by Currower on Jan 17, 2024 8:23am
ALL CASHED UP iNTO 2025. Our board is focussing on multiplying the existing ounces at Martiniere to make our existing ROBUST PEA  in a depressed junior gold mining environment. It will add years to our mine life on this gold laden postage stamp. We can be sure verbal discussions are continuing on a buyout.Fortunately Eric Sprott will not accept a offer that doesn't give him a multiple of ...more  
Comment by russelltfloyd on Jan 17, 2024 8:26am
Dreamer. Keep it to yourself .
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