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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 > At .07 current share price PEA says.....
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Post by russelltfloyd on Sep 28, 2024 2:53pm

At .07 current share price PEA says.....

9,214,285,170 shares required for initial capital. That would put WM at well over 10 BILLION SHARES OUTSTANDING. Is that even an option? Would not that actually drive share price even lower thereby forcing even greater dilution? Seems unlikely that it's feasable so anyone want to propose other, more likely possibilities? How to get 645,000,000 estimated initial capital?
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