Woulfe Mining Corp WFEMF

I must be really stupid....

[mercurysmith]

because I am not smart enough to understand how the s/p can go down with such a great news release today.  I am too stupid to understand how anyone would sell even one share below .40.  I am too stupid to understand the psychology behind why this s/p did not get up to .35 today.  I am too stupid to understand why it would not reach .40 before next Tuesday's NR of the BFS,

Reason and logic tells me this s/p should be in the .60's some time in May and that the s/p is seriously undervalued.  The market does not always move in a logical pattern.  I guess I can at least be consoled by the fact that the people with the offtake agreement working for Buffett must also be as stupid as me.  Or maybe, just maybe, we are the smart ones.

I remain a strong believer.  It seems the level of probability of this s/p doubling in the next month is pretty high.  I did get it right with my last post regarding predicting the 24 April date for the upcoming BFS so sometimes logic does work.  Will I get it right regarding a doubling of this s/p before the end of May?  Time will tell.  I like the fact that I now know where some of that $5m went--to bring power to the Sangdong site--and to me that means they are serious about construction.  If there was any doubt regarding the BFS, they wouldn't have spent money bringing in the power.  I also believe that on Wednesday April 25th (the day after the BFS release) over 5m shares will trade in one day.  Really, the only missing ingredient today is there aren't enough buyers, and that is about to dramatically change starting next Monday.