GREY:WFEMF - Post by User
Comment by
mercurysmithon Apr 30, 2012 2:22pm
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Post# 19852705
RE: RE: Did you know...
RE: RE: Did you know... As I said earlier, only a small handfull of companies on the TSX Venture even have more than a 200M market cap. Currently the highest market cap for any company on the Venture is right at 1 billion and there are no other companies even close to that one company.
The rule of thumb is that companies are classified as small if under 1B (which fits all the companies on the Venture except for one) and companies between 1B and 50B are medium sized.
If Woulfe gets up to $1 then its market cap will be 308M and it will be one of the big dogs on the Venture. That is to be expected when it is no longer just doing exploration, but has moved on to production. Patience is the key. I think Woulfe is a winner long term.