WM updated its MRE and positive PEA but the stock does not move up with record gold prices. Eric Sprott still owns about 16% and AEM 10%, Is it a buy at .055 cents?
WM is at .085 cents and a market cap of $86 million. It has not responded at all with the gold rally. It has a positive PEA that appears to have much more value then the market cap. What is your opinion at this time.... Thanks, George
Q: Wallbridge is in the process of spinning out its nickel properties to Archer Exploration. How does the larger version of Archer compare to Canada Nickel in terms of quality and valuation. Thanks for this great service,
WM continues to perform poorly, what is your view of the stock at this time?
How important is the appointment of Tony Manuch as Chairman of the Board today?
Q: Hello 5i
Could you please provide me with the best Palladium and Neon play out there please? Please mention why you like the choice. Would it be better to side with Neon
as its supply from Mariupol and Odessa (Ingas and Cryoin) will be affected for a long time...or 37% of Pallidium comes from Russia and that will probably never come back to markets here. Or is there another element in chip manufacturing that you are thinking of?
Thank you
J
Q: Based on the huge increase in nickel prices is this stock a buy. I am currently underwater with my position in this stock. Thanks for your great advice.
Q: Good morning,
What is your opinion on WM , it continues to report excellent drilling results but the stock is at an yearly low and no interest at all by the investment community.
Thanks,
George
Q: Good morning ,
What is your view on Wallbridge mining, it keeps reporting good drilling results but the stock is down 50% in the last year. I am losing faith to hold it for the long term. The question is what is its true value as an exploration company with 800 million shares outstanding? It reached a billion MV last summer but its much lower now .
Thanks, George
Q: I hold a full position in WM with most of the position coming from the takeover of Balmoral Resources. Although the recent share issue is at a good share price it adds to the high number of outstanding shares. There is also is very little attention paid to their nickel assets. Is WM a buy, hold or sell at this time ? Thanks for this great service.
Q: Hi, I would like to reduce the number of stocks in my portfolio. I have small positions in these 3 stocks. In what order should I sell them and is any worth keeping?
Thanks.
Q: Hello 5i team,
WM has gone down 45% from its high in Sept. 2020 of $1.30 to $0.72 today. All the drilling results have been excellent, what is the reason for such a huge decline as gold is still at $1860? Secondly, does the 790 million shares outstanding have anything to do with the decline. I am losing faith in the stock. Thanks George