Opinions
Dennis da Silva
Wallbridge Mining Company
WM-T
PAST TOP PICK
Jul 06, 2021
$0.530
Stock price when the opinion was issued
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They bought a project from Balmoral in 2016 and really kicked that into high gear, drilling 75,000 metres last year. They had two discoveries last year, really moving the needle. He expects at least a million ounces all told, high quality with KL as a shareholder. Speculation that will KL buy them. (Analysts’ price target is $1.02)
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(A Top Pick Mar 03/20, Down 28%) It operates in Quebec called Fenelon. The resource is there and they are very well-finance (Eric Sprott owns over 20%). Also, Kirkland Lake's CEO sits on the board and owns shares. Perhaps, the market is impatient, which has pressured shares, but WM is careful in moving forward.