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Woulfe Mining Corp WFEMF

Metals & Mining Industrial Metals & Minerals
Woulfe Mining Corp is a mineral exploration company. It is engaged in the acquisition, exploration and development of mineral properties.


GREY:WFEMF - Post by User

Woulfe Mining Corp > A Day In the Life at Sangdong: RIN Edi
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Comment by biznotstockon Jul 21, 2012 6:42pm
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Post# 20138814

RE: RE: RE: A Day In the Life at Sangdong: RIN Edi

RE: RE: RE: A Day In the Life at Sangdong: RIN Edi

If it isn't signed, it isn't legally binding. So management should act like business as usual despite the MOU. "We can sell our tungsten to anyone" is the attitude to have, not "PLEASE sign this deal, pretty please". 

If you want any leverage, you have to be able to show that can find other partners and that you can get financing on your own...

Showing that there is a path to production  with or without IMC is the only way to get fair value and (being overly optimistic) possibly competing offtake/takeover offers.

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