drbubb Posted November 8, 2019 Author Report Share Posted November 8, 2019 Maybe I should have waited... i sold out a few days early For this beautiful looking Top ! GCM.t (C$4.80) x 15.4% = WM.t High: C$0.74 WM.t ... chart : 10d / 0.61 -0.11, -15.28% Link to comment Share on other sites More sharing options...
drbubb Posted November 8, 2019 Author Report Share Posted November 8, 2019 BULLBOARD Comments What a blood bath! posted November 07, 2019 04:02 pm by ABCD123 But I thought you all said this stock only goes up? = mepatriot wrote: NeilGiraldo wrote: WONDER1STOCK wrote: Then again Sprott tomorrow might drive the stock. A couple of weeks ago the share price went up after Sprott talked about WM = RE:News posted November 07, 2019 03:53 pm by itsalie WONDER1STOCK wrote: This appears to be way over done, Would there be drill results or news that we haven't seen?? No, maybe insiders know something.. could just be profit taking, stop loss, I...read more = Justforfun10 wrote: Maybe a leak. I highly doubt there is a leak. There are a lot of average results to come ie: 200 meters of .6 g/t. WM has stated in the past that the cutoff for an open pit would...read more = Buying Op Tomorrow? posted November 07, 2019 05:18 pm by Justforfun10 Think we drop another 10% to 54 cents. Think they may have some assays but may be holding back until results from the main zone are in. I guess we will see them next week. rate and reply Link to comment Share on other sites More sharing options...
drbubb Posted November 20, 2019 Author Report Share Posted November 20, 2019 Globe says Blythe rates Wallbridge "speculative buy" with $1 Target Wallbridge Mining Company Ltd Symbol WM Shares Issued 495,588,741 Close 2019-11-18 C$ 0.59 = C$ 292 Million 2019-11-19 09:43 ET - In the News: The Globe and Mail reports in its Tuesday, Nov. 19, edition that Paradigm Capital analyst Don Blythe says Wallbridge Mining's (59 cents) Fenelon gold project in Quebec has the potential to expand from a 40,000-ounce to a multi-million-ounce resource. The Globe's David Leeder writes in the Eye On Equities column that Mr. Blythe commenced coverage with a "speculative buy" and a share target of $1. Mr. Blyth says in a note: "Wallbridge has made great strides advancing Fenelon since it acquired the project in mid-2016, and the share price has reflected that (up over 600 per cent in that period). The story is far from over however, and we expect the resource to continue growing with the company aggressively drilling at a rate of 8,000–10,000 metres per month. The Lower Tabasco Zone has the greatest potential to add high-grade ounces in the near term but the lower-grade mineralization, while still not yet well defined, could eclipse the high-grade in terms of contained ounce potential." Mr. Blythe is the lone analyst(s) following the stock. Link to comment Share on other sites More sharing options...
jerpy Posted December 29, 2019 Report Share Posted December 29, 2019 On 11/20/2019 at 8:09 AM, drbubb said: Globe says Blythe rates Wallbridge "speculative buy" with $1 Target Wallbridge Mining Company Ltd Symbol WM Shares Issued 495,588,741 Close 2019-11-18 C$ 0.59 = C$ 292 Million 2019-11-19 09:43 ET - In the News: The Globe and Mail reports in its Tuesday, Nov. 19, edition that Paradigm Capital analyst Don Blythe says Wallbridge Mining's (59 cents) Fenelon gold project in Quebec has the potential to expand from a 40,000-ounce to a multi-million-ounce resource. The Globe's David Leeder writes in the Eye On Equities column that Mr. Blythe commenced coverage with a "speculative buy" and a share target of $1. Mr. Blyth says in a note: "Wallbridge has made great strides advancing Fenelon since it acquired the project in mid-2016, and the share price has reflected that (up over 600 per cent in that period). The story is far from over however, and we expect the resource to continue growing with the company aggressively drilling at a rate of 8,000–10,000 metres per month. The Lower Tabasco Zone has the greatest potential to add high-grade ounces in the near term but the lower-grade mineralization, while still not yet well defined, could eclipse the high-grade in terms of contained ounce potential." Mr. Blythe is the lone analyst(s) following the stock. Well I didn't wait for $1, instead I jumped out at 92c last week, having jumped in again at 78, didn't post it at the time (seem to recall thinking I'd possibly missed the boat). Anyhow, It was just a reasonable play nothing hige but welcome all the same. Reason for quitting was the strong move it's been on, I'm quite open to jumping back in on any fallback, I like Wallbridge and think it will move up in a strong gold price environment. Link to comment Share on other sites More sharing options...
drbubb Posted March 6, 2020 Author Report Share Posted March 6, 2020 Wallbridge Mining Company Limited and Balmoral Resources Ltd. to Combine in an All-Stock Transaction, Creating a Formidable and Well Financed Canadian Exploration & Development Company with a Dominant Land Position along the Detour Gold Trend in Quebec GlobeNewswire / 2 / Eric Sprott Announces Support and Voting Agreement with Respect to the Proposed Plan of Arrangement Between Wallbridge Mining Company Limited and Balmoral Resources Ltd. Newsfile Corp Link to comment Share on other sites More sharing options...
drbubb Posted March 12, 2020 Author Report Share Posted March 12, 2020 BOUGHT back into WM. at C$0.41 Link to comment Share on other sites More sharing options...
jerpy Posted March 12, 2020 Report Share Posted March 12, 2020 4 hours ago, drbubb said: BOUGHT back into WM. at C$0.41 Me too, smidgeon higher at 42 and 43. Link to comment Share on other sites More sharing options...
drbubb Posted March 13, 2020 Author Report Share Posted March 13, 2020 Doubled my investment at 41 cents "...taking a look at the big picture for gold, some investors who were reluctant to part with their equities at depressed prices were able to sell gold in order to meet the margin calls,” prompting the recent declines in the price, said George Milling-Stanley, chief gold strategist at State Street Global Advisors. “This is exactly the same as what happened a week and a half ago before the emergency rate cut from the Federal Reserve, and when equities dropped dramatically in 2008, 2001, 1987, etc.” he told MarketWatch. “In all those previous cases, investors were able to take advantage of gold’s liquidity to meet margin calls, and the gold price quickly recovered within days [or] weeks. That is what I am expecting to recur this time around.” > https://www.marketwatch.com/story/gold-prices-attempt-to-bounce-after-ugly-thursday-trade-heads-for-sharp-weekly-skid-2020-03-13?siteid=bigcharts&dist=bigcharts NUTTY POSTER on Stockhouse on its way to ,20 posted March 12, 2020 09:57 pm by prouditalian(35) liquidity is what people need. Gold and especially miners will get sold. Im short 100k at .80 and waiting for .20. rate and reply Link to comment Share on other sites More sharing options...
jerpy Posted March 24, 2020 Report Share Posted March 24, 2020 Out at in between 50 and 51, near 20% gain was good enough pickings for me. Link to comment Share on other sites More sharing options...
drbubb Posted March 25, 2020 Author Report Share Posted March 25, 2020 Not me. Still in from 0.41. Drilling news has been great. And sitting on a great asset like this while others struggle to keep their work force going to mine gold makes sense Link to comment Share on other sites More sharing options...
jerpy Posted March 25, 2020 Report Share Posted March 25, 2020 20 hours ago, drbubb said: Not me. Still in from 0.41. Drilling news has been great. And sitting on a great asset like this while others struggle to keep their work force going to mine gold makes sense Smart move but I’m not being greedy, most of my WM.t trades have been successful and If I’d done the same with Gran Colombia, the ride their would be far less galling. Link to comment Share on other sites More sharing options...
drbubb Posted March 26, 2020 Author Report Share Posted March 26, 2020 Last year, I sold ALL of my GCM shares, effectively replacing them with GCM.wtb, This year as GCM rallied into the important high, I sold over half my wtb. In the last two weeks, I have gone back to about 80% of my maximum position, from under 50% GCM has been the most beautiful yoyo for me, Trades in it have won me profits in multiples of $100K, without a single losing trade since the major low in the stock Link to comment Share on other sites More sharing options...
drbubb Posted April 14, 2020 Author Report Share Posted April 14, 2020 GCM warrants have kept pace with strong Wallbridge - I bought Both near March Lows GCM.wtb vs WM.t .. update: GCM.t: $5.60 +18.4%, Gcm.wtB: $3.95 +25.4%, WM.t: $0.72 +14.3% (Monday) Vs. March Low: GCM.t ($2.88) +94%, GCM.t ($1.31) +202%, WM.t ($0.32) +125%, (Billionaire) Eric Sprott says GCM.T trading at 2X earnings April 9th/20 April 13, 2020 / Eric Sprott says GCM.T is trading at 2X earnings April 9th/20 Listen in at 19 min mark. to summarize: Mr. Sprott’s only recommendation on an individual gold company in his weekly podcast is Gran...read more Link to comment Share on other sites More sharing options...
jerpy Posted April 15, 2020 Report Share Posted April 15, 2020 Well played. Missed this time, but opted for Roxg instead and cashed a nice profit. All 3 are great stocks I.m.h.o Link to comment Share on other sites More sharing options...
drbubb Posted April 15, 2020 Author Report Share Posted April 15, 2020 Yes/ I am still holding my recent shares in WM.t Now near a double in 3-4 weeks I also like DNG.t / Dynacor And, I also added GZZ,v & ROXG.t when they were cheaper. (I am still looking for other new Gold stocks to add to... MyFAVS): Cycles, & GEI's Favorite Gold shares Link to comment Share on other sites More sharing options...
drbubb Posted May 2, 2020 Author Report Share Posted May 2, 2020 2020-05-01 Darin Wagner's Balmoral Resources Ltd. (BAR) added 2.5 cents to 52 cents on 2.7 million shares on word that it hit a 2.97-metre interval averaging 308 grams of gold per tonne at its Fenelon property in northwestern Quebec. The bonanza-grade hit turned up in the Reaper zone, a new discovery along the western margin of the Area 51 intrusion, on the southern portion of Fenelon. The company is enthused by this find, as just to the east, Wallbridge Mining Co. Ltd. (WM) is working its high-grade Tabasco zone on the eastern margin of the intrusion. Link to comment Share on other sites More sharing options...
drbubb Posted May 9, 2020 Author Report Share Posted May 9, 2020 Catching up? Both WM & ELY are flirting with $1.00 WM.t vs- ELY.t & GCM.wtb ... update: 10d / $0.99, $0.90 Update: in the middle in October. ELY: $1.30 /2.09: 62.2%, WM: $0.94 /1.35: 69.6%, GCM.wtB: $4.60 /5.94: 77.4%, == Link to comment Share on other sites More sharing options...
jerpy Posted May 10, 2020 Report Share Posted May 10, 2020 How do you view the Balmoral takeover Dr Bubb? Great prospects but will it stall WM.t for now? Link to comment Share on other sites More sharing options...
drbubb Posted May 11, 2020 Author Report Share Posted May 11, 2020 The area seems to be rich in Gold, and WM must have some good idea where to look for more. Should help WM, I reckon Link to comment Share on other sites More sharing options...
drbubb Posted October 14, 2020 Author Report Share Posted October 14, 2020 Wallbridge Mining completes 75,000 metre of drilling Kitco News | Oct 13 (Kitco News) - Wallbridge Mining (TSX:WM) said Tuesday that it completed 75,000 metres of drilling resulting from a $112 million exploration and development program. The main focus is to complete the drilling and underground development necessary to advance the Fenelon Gold Property. “I am very pleased with our accomplishments this year,” stated Marz Kord, President and CEO of Wallbridge in a news release. “As of September 30, 2020, we have completed 75,000 metres of drilling and with the closing of our recent financing we have close to $97 million in the treasury and no debt. This gives us the financial strength to deliver our 2020 and 2021 exploration programs and advance Fenelon to a resource. The development of the underground drilling platforms will enable us to explore to greater depths and better evaluate all known mineralized areas at Fenelon, further increasing the amount of data and the level of confidence in our maiden resource. Approximately 10-15% of our drilling will be devoted to regional exploration on the Company’s district-scale and underexplored land package on the Detour-Fenelon Gold Trend over this period.” Link to comment Share on other sites More sharing options...
drbubb Posted October 14, 2020 Author Report Share Posted October 14, 2020 Update: in the middle in October. ELY: $1.30 /2.09: 62.2%, WM: $0.94 /1.35: 69.6%, GCM.wtB: $4.60 /5.94: 77.4%, == Link to comment Share on other sites More sharing options...
drbubb Posted October 16, 2020 Author Report Share Posted October 16, 2020 Gold Summary for Oct. 14, 2020 Wallbridge Mining has new assays from Area 51, and it expects many more as it works toward a maiden resource estimate there and at the rest of the Fenelon project. Marz Kord and Attila Pentek's Wallbridge Mining Co. Ltd. (WM) moved little, ending the day unchanged at 84 (94?) cents on 2.29 million shares. The move, or lack thereof, comes on the heels of new assays from Area 51, at its Fenelon gold project in northwestern Quebec. The new results include a long gold encounter that delivered 1.53 grams per tonne over 120.5 metres, a hit that included a 24-metre zone that contained 3.49 grams of gold per tonne. Link to comment Share on other sites More sharing options...
drbubb Posted November 30, 2020 Author Report Share Posted November 30, 2020 Haha - NOW they get it! (the float issue) And now I am buying WM.t again... at $0.76 I sold almost all my Wallbridge shares in the rally to over $1.30. a tiny amount at $1.36 doid not get sold. So I am adding back now at almost half price, after adding a few around $0.90' WM.t ... update: +Etc : vs-GDXJ : 0.76 - 0.02, -vs: ELY: 1.06, GCM: 6.04 / Ratio: 12.6% === AngelEyes3 (53) November 29, 2020 - 12:23 PM / 479 Reads Wallbridge great drilling results only problem is the float Over the past few months we have seen very interesting drilling results which are going to grow the resouces. The negative is the share float. Way to many shares out for an explorer. They should do a reverse split and because of this the shares are trading flat to down. === Yes, the float is an issue. The big issue right now in owning Gold mining shares has been the weak Gold price.: Gold closed at $1,781, now 13.9% below its peak at $2,069. GDXJ closed at $50.03 which is 24.1% under the August 2020 high of $65.95.. Junior miner and exploration stocks have been even more volatile. GCM.t, Gran Colombian Gold my largest holding is down from $8.06, to C$6.04, a 25% drop. WM.t, Wallbridge Mng., which I bought yesterday was at C$0.76, down 44% from its 2020 high of $1.35. A further issue this time of year can be tax-oriented selling which can push mining prices down between Thanksgiving and Christmas, as people take losses, to shelter their gains, When the selling eases, often in the new year, their can be sharp rallies, as buyers snap of cheap shares. Maybe the tax loss selling season will end early in the volatile year of 2020. Fortunately, Gold and gold shares may have already begun a reversal back upwards. It could be sharp. The Low was Monday at $1,767. AND as I edit this on Tuesday, Gold is back to $1800. Link to comment Share on other sites More sharing options...
drbubb Posted December 1, 2020 Author Report Share Posted December 1, 2020 WM.t ... update: +Etc : YTD: 10d/ C$0.76, / GDXJ : $50.03 = Ratio 1.42%, / GCM: 6.04= Ratio: 12.6% GDXJ : $0.76 / $50.03 = Ratio 1.42%, xx Ratio to GCM: WM.t: 0.76, GCM: 6.04 / Ratio: 12.6% Link to comment Share on other sites More sharing options...
drbubb Posted December 1, 2020 Author Report Share Posted December 1, 2020 Wallbridge Provides Update On its Fully-Funded $112 Million Exploration and Development Programs for 2020-2021 T.WM | October 13, 2020 TORONTO, Oct. 13, 2020 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX :WM ) ( “Wallbridge” or the “Compan y ” ) today provides an update on its fully-funded $112 million exploration and development programs for 2020-2021. The main focus is to complete the drilling and underground development necessary to advance the Fenelon Gold Property (“ Fenelon ” or the “ Property ”) to a maiden resource estimate by the third quarter of 2021 as well as expanding the gold mineralization to greater depths. Work will also be carried out to provide an initial assessment of exploration targets on the Company’s 900 km 2 land package on the Detour-Fenelon Gold Trend. “I am very pleased with our accomplishments this year,” stated Marz Kord, President and CEO of Wallbridge. “As of September 30, 2020, we have completed 75,000 metres of drilling and with the closing of our recent financing we have close to $97 million in the treasury and no debt. This gives us the financial strength to deliver our 2020 and 2021 exploration programs and advance Fenelon to a resource. The development of the underground drilling platforms will enable us to explore to greater depths and better evaluate all known mineralized areas at Fenelon, further increasing the amount of data and the level of confidence in our maiden resource. Approximately 10-15% of our drilling will be devoted to regional exploration on the Company’s district-scale and underexplored land package on the Detour-Fenelon Gold Trend over this period.” The remainder of the 2020 programs consists of: Completion of a 100,000-metre drilling program (75% complete as of Sept 30, 2020) ; Preparation for underground drilling platform development ; and Continuation of technical s tudies to support resource estimates and future economic studies . The planned expenditure for the entire 2020 is approximately $42 million which will result in forecasted year-end cash balance of approximately $82 million The 2021 program consists of: Complet ion of approximately 150,000 metres of diamond drilling ; Complet ion of the maiden resource estimate for Fenelon including the Gabbro, Tabasco, Cayenne and Area 51 zones during the third quarter Commencement of a 10,000 metre , multi-year development program to establish underground drilling platforms in Area 51 and Tabasco which will allow for: > MORE: https://stockhouse.com/news/press-releases/2020/10/13/wallbridge-provides-update-on-its-fully-funded-112-million-exploration-and Link to comment Share on other sites More sharing options...
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