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Wallbridge Mining Company Ltd

Published : September 17th, 2013

Attractive Valuation due to Imminent Production and Strong Alliances for Wallbridge Mining (WM.T) ac

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Dear Reader,

� � � � 

CHF Investor Relations is happy to share with you the Valuation Report on Wallbridge Mining Company Limited (TSX: WM) published today by CHF Capital Markets.

Analyst Yuri Belinsky writes that the� valuation for Wallbridge is based� on its assets according to the current P/BV of Mineral Assets multiples of leading comparable exploration and development companies, and deserves to trade in line with the leaders due to its cooperation with PGE giants and the advanced nature of its Broken Hammer project. His valuation yields the stock’s fair value at $0.20 per share.

  • The launch of the mine at the Broken Hammer project is expected in early 2014. The mine’s development is fully funded.
  • The cash flow from the mine should help explore the area around Broken Hammer and the Company’s other projects.
  • Wallbridge is the third largest mining rights owner in Sudbury while Lonmin and Implats have their eyes on Sudbury to diversify their geographic exposure.
  • Lonmin is earning in and is expected to invest up to $3.0 million in the two JVs with Wallbridge in the 2013-2014 exploration season.
  • We believe Wallbridge deserves to trade in line with the leading comparable exploration and development companies. The valuation yields the stock’s fair value at $0.20 per share.

Please feel free to contact me or Wallbridge directly with any questions, or for more information.

Kind regards,
Cathy Hume
Chief Executive Officer
CHF Investor Relations
Follow @CHF_IR� and @CHFCapMarkets� on Twitter!
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cathy@chfir.com
T 416-868-1079 x.231
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6th Floor
Toronto, ON, M5H 3V9
CANADA

Disclaimer

CHF Capital Markets (and/or its sister company CHF Investor Relations, collectively “CHF”) has been paid cash by Wallbridge Mining Company Limited (the “Issuer”) for this independent Valuation Report.� Further, CHF may own stock in the Issuer and/or hold stock options. All of the opinions expressed in this Valuation Report, including the selection of the comparable companies and target price range(s), are strictly the opinion of CHF, and are free from any influence or interference from any person or persons at the Issuer. CHF endeavours to ensure that the contents have been compiled or derived from sources that we believe are reliable and contain information and opinions that are accurate and complete. Although CHF makes every effort possible to avoid conflicts of interest, readers should assume that a conflict might exist and, therefore, should not rely on this Valuation Report when making a decision whether or not to buy or sell securities. The information in this report is not intended to be used as the primary basis of investment decisions that in themselves carry inherent and varying degrees of risk, and because of individual client objectives, should not be construed as advice designed to meet the particular investment needs of any investor.

Furthermore, this Valuation Report, its calculations and conclusions, are subject to the data obtained on the specific date for which it was prepared, and therefore CHF has no opinion and makes no assumption of its continuing relevance, appropriateness or validity to the Issuer’s situation on any future date.

An Investor should always consult with his/her investment advisor(s) prior to making any investment decision.

 

Copyright © 2013 CHF Investor Relations
Our address is Head Office: 90 Adelaide Street West, 6th floor, Toronto, ON, M5H 3V9, Canada
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Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Wallbridge Mining Company Ltd

EXPLORATION STAGE
CODE : WC7.F
ISIN : CA9323971023
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Contact Cpy

Wallbridge Mining is a copper and nickel exploration company based in Canada.

Wallbridge Mining holds various exploration projects in Canada.

Its main exploration properties are ROGERS CREEK, SUDBURY and HEFF OFFSET DIKE in Canada.

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Annual reports of Wallbridge Mining Company Ltd
2007 Annual Report
Financings of Wallbridge Mining Company Ltd
1/18/2012Lonmin Plc Makes Private Placement in Wallbridge Mining
6/18/2010Extension of Expiry Term of Warrants
5/18/2010Distribution of Miocene Metals Special Warrants
4/28/2010Closing of Private Placements
4/14/2010Private Placement
1/6/2010Closings of Private Placements
12/15/2009Further Closings of Private Placement
11/27/2009Closings of Private Placement
8/6/2009Announces Final Closing of Private Placement
7/23/2009Announces Closings of Private Placements
1/23/2009Announces Private Placement
9/2/2008Announces Closing of Second Tranche of Private Placement
8/20/2008Announces Closing of Private Placement to Advance BC Propert...
3/26/2008Announces Closing of Private Placement
6/28/2007Completes Private Placement Financing with Lonmin Plc.
Nominations of Wallbridge Mining Company Ltd
7/20/2009Appoints Soever CEO, Holmes Chairman
9/4/2007Announces Corporate Appointment
Project news of Wallbridge Mining Company Ltd
9/17/2013Attractive Valuation due to Imminent Production and Strong A...
8/13/2013Provides Mid-Year Exploration Update
5/29/2012Announces Drilling Underway on Impala Platinum Parkin Offset
3/7/2012Initiates Geophysics on
10/14/2011Intersects 4.11% Nickel and 4.32 grams TPMs in Milnet 1500 Z...
5/19/2011Reports Significant Increase Grade and Tonnage from Broken
5/16/2011Intersects 30.33 g/t Total Precious Metals and 0.50% Copper ...
6/23/2010(Sudbury)Resumes drilling on Parkin PGE-copper-nickel with $1.3M comm...
2/23/2010(Sudbury)Drills Second Cut Through New Sulphide Zone on Parkin Offset...
12/9/2009(Rogers Creek)Intersects Porphyry Copper-Gold Mineralization at Rogers Cre...
11/13/2009(Sudbury)8.00 Grams Per Tonne Platinum+Palladium+Gold over 14.24 metr...
11/5/2009(Rogers Creek)To Expand Drill Program on Rogers Creek Copper-Gold-Molybden...
11/3/2009(Sudbury)Intersects 17.8 metres of Suphides on Parkin Property in Sud...
10/15/2009(Rogers Creek)Starts Drilling on Rogers Creek Porphyry Copper, Gold and Mo...
5/27/2009(Sudbury)Defines Highly Conductive Drill Targets on Sudbury Parkin Of...
3/2/2009(Sudbury)Intersects Copper, Nickel and Precious Metals in 8,600 Metre...
12/8/2008(Sudbury Currie Rose)and Lonmin Approve $1.5 million for 2009 Sudbury Camp Joint ...
7/2/2008(Sudbury Currie Rose)Initiates 2008 Summer Exploration Program in Sudbury
2/26/2008 Intersects Nickel-Copper Mineralization on JV Property in S...
8/7/2007Reports Progress of Broken Hammer Scoping Study
6/12/2006(Rogers Creek)starts summer program with three drills
Corporate news of Wallbridge Mining Company Ltd
9/29/2014Lonmin Commits $5.5 Million for Platinum Exploration on Wall...
7/15/2014Wallbridge provides update on Broken Hammer Mine production
5/9/2014Wallbridge Mining Announces Voting Results from its Annual a...
3/24/2014Wallbridge Enters Into Definitive Custom Milling Agreement
3/18/2014Wallbridge Announces Production Decision for Broken Hammer P...
9/18/2013s on its Broken
5/8/2013Annual General Meeting to be held at Strathcona Hotel in Tor...
5/7/2013s Broken Hammer Progress
3/26/2013Receives Notice of
1/18/2013Miocene Metals Announces Extension of Line of Credit from Wa...
1/18/2013Highlights Plans for 2013
7/31/2012Provides Mid-Year
6/19/2012Announces Updated Mineral
6/14/2012Announces Final Broken Hammer Bulk Sample Results
4/26/2012Reports on AGM and
4/5/2012Announces Impala Platinum
4/3/2012to Establish New Joint
4/2/2012Announces Closing of
3/29/2012Receives partial payment for Broken Hammer Bulk Sample
3/2/2012Provides Update on Winter
1/5/2012Highlights Plans for 2012
11/30/2011Expands Broken Hammer Zone
8/29/2011Builds Management Team for
8/26/2011Announces Miocene Exercise of Buy Back Option
8/8/2011Spin-Out Miocene Metals
8/5/2011to be featured on CEO Clips on The Documentary Channel
7/29/2011article on Wallbridge Mining as featured in the Northern Min...
7/21/2011Sells 950,000 shares of Duluth Metals to Raise $2.53 million
7/21/2011Announces $1.6M, 5,000m Drill Program with Implala Platinum ...
6/28/2011Completes Delivery of
5/17/2011Reports on Miocene Metals
5/5/2011to be Featured on BTV - Business Television
4/28/2011Extends Broken Hammer PGE Zone
4/26/2011Annual General Meeting to
3/24/2011Starts Drill Program to Expand Broken Hammer Copper- Platinu...
3/4/2011s Broken Hammer Bulk Sample Progress
3/3/2011Expands North Range
8/12/2010Confirms Copper, Gold and Molybdenum Mineralization on Mioce...
7/27/2010Reports on Activities in Sudbury, Duluth and British Columbi...
4/19/2010Extends Record Date for Special Warrant Dividend and Spin-ou...
4/15/2010Annual General Meeting to be held at Dynamic Earth in Sudbur...
3/31/2010Board Approves Special Warrant Dividend and Spin-out of BC P...
3/23/2010Acquires 15 Kilometer Trend of Porphyry Molybdenum Occurrenc...
1/28/2010Increases Shareholding in Duluth Metals Limited
12/10/2009Acquires Dominant Position in New Porphyry Copper-Gold-Molyb...
11/26/2009Adds Parviz Farsangi and Roland Horst to Board of Directors
11/24/2009& Lonmin Plc Approve $1.25 million 2010 Program for Sudbury ...
7/30/2009Confirms Conductor In Parkin Offset Dyke
7/13/2009Defines Large IP Target on Rogers Creek Porphyry Copper-Gold...
7/2/2009Starts Second Drill in 8,900 metre Sudbury Program
12/22/2008 Announces New Channel Sample Results from Their Frost Lake ...
9/22/2008Initiates Drilling on Parkin Offset Dyke
9/12/2008Discovers Porphyry Gold-Copper Mineralization on BC Property
9/9/2008Vends Kirkland Lake Gold Properties to Tanqueray
8/26/2008Signs $5M Joint Venture with Impala Platinum on Parkin Offse...
7/23/2008Begins Exploration on Copper-Zinc and Nickel Targets in Nort...
7/16/2008to Form $5M Joint Venture with Impala Platinum on Parkin Off...
7/8/2008Confirms Presence of Mineralization at Roger's Creek
4/28/2008and Champion Bear enter into Option and Joint Venture Agreem...
4/23/2008 Announces $2.7 Million Program for Xstrata Nickel JV Proper...
4/23/2008Annual General Meeting to be held at Science North.
4/1/2008Victory Nickel Acquires 8.4% of Wallbridge Mining
3/27/2008 Announces JV with Vale Inco and Xstrata Nickel
12/4/2007Uncovers Gold-Silver-Copper-Lead Mineralization in the Sudbu...
10/25/2007Continues Exploration on Hess and Ministic Offset Dyke Prope...
8/13/2007Continues $5.3 M Exploration Program in Sudbury
3/2/2007Updates Sudbury Exploration Progress
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