MI3 Technical Alert: Developing high-grade Fenelon Gold property in Quebec
Mario Drolet President of MI3 Communications Financières Inc. (MI3) released a technical note at market open today on Wallbridge Mining Company Limited (TSX: WM) for exclusive distribution on InvestorIntel. In this note, MI3 highlighted the following points on Wallbridge Mining Company Limited.
- Wallbridge is currently developing its 100%-owned high-grade Fenelon Gold property in Quebec with ongoing exploration and a bulk sample.
- Wallbridge is also pursuing other additional advanced-stage projects which would add to the Company’s near-term project pipeline.
- Recent Area 51 Discovery: new mineralized corridor with significant gold endowment
- WM traded over 221 Million shares over the last six months between $0.16 & $0.43
- Great trend and a first class management !!! … A stock to consider ….
- Support: S2; $0.38 S1; $0.40 Resistance: R1; $0.435 R2; $0.47
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About Wallbridge Mining
Wallbridge is establishing a pipeline of projects that will support sustainable production and revenue as well as organic growth through exploration and scalability.
Wallbridge is currently developing its 100%-owned high-grade Fenelon Gold property in Quebec with ongoing exploration and a 35,000-tonne bulk sample. Wallbridge is also pursuing additional advanced-stage projects which would add to the Company’s near-term project pipeline. These discussions benefit from the operating capabilities Wallbridge demonstrated by safely and efficiently mining the Broken Hammer deposit in Sudbury, which was completed in October 2015. As part of this strategy, the Company recently optioned the Beschefer Project, an advanced gold property with proven size and grade-potential near Fenelon Gold. Wallbridge is also continuing partner-funded exploration on its large portfolio of nickel, copper, and PGM projects in Sudbury, Ontario, with a focus on its high-grade Parkin project.
PLEASE DO YOUR DUE DILIGENCE
Disclaimer: This MI3 Technical Note produced by MI³ Communications Financières is neither an offer to sell, nor the solicitation of an offer to buy any of the securities discussed therein. The information contained is prepared by MI3, emanating from sources deemed to be reliable. MI3 Communications Financières makes no representations or warranties with respect to the accuracy, correctness or completeness of such information. MI³ Communications Financières accepts no liability whatsoever for any loss arising from the use of the information contained therein. Please take note that for compliance purposes, all directors, consultants or employees of MI3 Communications Financières are prohibited from trading the securities of the company and MI3 Communications Financières is a shareholder and do not intend to sell any shares during the distribution of this note.
Mario has over 25 years in financial market and he is passionate about Finance. He worked on the floor of the Montreal Exchange on his ... <Read more about Mario Drolet>