Post by
Stockpicks96 on Apr 21, 2024 11:35am
Wallbridge will be taken over 1 day
This is almost a guarantee. 5 million ounces of decent grade gold in an A+ jurisdiction for mining. The problem is, and this is something the usual circle jerk pump crew likes to avoid mentioning, is the absolutely bloated share count of over 1 billion shares outstanding. Just how do you get around that? Do you consolidate the shares 20/1 and the watch them tank right after? Because we all know how the market reacts to those. The reality is Agnico Eagle, who owns a significant stake in WM did not get to the top of the list of major producers buy overpaying for things. No, they wait until things are dirt cheap and then they strike. The rising gold price has helped us out somewhat here, I like the price increase, it helps our case for a takeover. All I ask is those who read these boards on the regular be realistic about takeover prices. The reality is this is not going to be a 100 bagger (I am still waiting on currower tell us what that market cap looks like), it likely won't even be a 10 bagger... but those who are buying at these levels definitely have a shot a shot at a nice return on a takeover. Those who bought over $1 per share? Good luck. Probably won't see that again, same with those who bought at 0.50.
Comment by
Currower on Apr 21, 2024 3:45pm
LOL Does Anyone believe that after paying 42 cents a share and 63 million personally over 5 years that Eric Sprott will accept a buyout for less than $3 per share and I doubt he'll accept that. NOTHING HAPPENS WITHOUT SPROTT. GLTAL REAL RETAIL WALLBRIDGE INVESTORS. DO NOT PLACE STOPLOSSES. Stockpick's brokers will take them off your hands.
Comment by
steamfitter on Apr 21, 2024 4:00pm
Start Digging stop drilling The gold is there start producing, Near serface gold will prove Walbridge has a winner and will be making money.
Comment by
stever50 on Apr 21, 2024 9:30pm
I believe in the future we will get between 45-70 per share. Just my feeling
Comment by
Stockpicks96 on Apr 21, 2024 10:09pm
That's probably the most realistic take I've seen on here in a while.