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

Alternate Symbol(s): WLBMF

Metals & Mining Industrial Metals & Minerals

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

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Wallbridge Mining Company Ltd > Company valuation

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Post by tndl on Apr 04, 2024 10:29pm

Company valuation

I have heard traditionally a rough measure for market cap for a gold company could be around $100 USD per Oz. of gold.   Obviously many factors could influence that number, including extraction costs and the safety/political climate where the mine is located.<br /> <br /> Now that we are at essentially $2300 USD per Oz, can someone offer an update to that $100/Oz valuation?<br /> <br /> Thanks- Tndl

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Comment by Currower on Apr 05, 2024 7:54am

5 million 400 thousand higher grade ounces measured and indicated than our Ontario neighbour Detour soon to be greatly expanded. 500 Million 400 thousand American dollars.IN Canadian dollars SEVEN HUNDRED AND FIFTY MILLIONS on a POSTAGE STAMP in CANADA BESIDE Agnico's DETOUR ???? Our current market cap EX cash and cash convertibles SIXTY MILLION DOLLARS with half the power cost of our ...more

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Comment by Currower on Apr 05, 2024 8:46am

DO NOT PLACE STOPLOSSES. Comparable in Guyana next to Maduro's Venezuela? REUNION Gold. Now 6 million ounces in ground no comparable infrastructure or government support. SIX HUNDRED MILLION MARKET CAP. WALLBRIDGE MARKET CAP ex CASH SIXTY MILLION ...????? Difference ? Major investor in REUNION Dundee Precious Metals. Mayor Investor in Wallbridge Agnico. Another comparable Rupert Resources in ...more

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