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 > CROW doesnt want to admit

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Post by russelltfloyd on Oct 23, 2024 11:18am

CROW doesnt want to admit

KORD overpaid for the company and the PEA which went over like a Led Balloon failed to open up better terms for the money required and additional dilution was required at bargain basement prices to bring us to over a billion shares already outstanding and the current market cap. Current share structure with a multitude of retail holders makes for a both strategic and tactical mess going forward. There is a lot of work and money required to derisk any potential production event as the capital required is both huge and scarce. GLTA.