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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 nice spike
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Comment by StockExpertProon Nov 06, 2012 12:58am
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Post# 20565857

RE: RE: a nice spike

RE: RE: a nice spike

The NPV of 400 million dollars is only based on 25% of the mine. They only did enough drilling to determine 12 years of mine life so they could obtain the bank loan for financing. Updated numbers on the true value of the mine will drastically increase the NPV. Based on this German interview with the Woulfe Mining investor relations Nick Smith. The WOF Sangdong mine has a possible mine life of around 80 years. Tungsten mines are known to have very long mine lives. With 200 million dollars per year in revenue for 80 years that would value the tungsten portion of the mine at around 16 billion dollars and this figure does not even include the molybdenum or Muguk gold & silver mine.

https://www.brn-ag.de/beitrag.php?bid=23177

The overall value of the Woulfe Mining assets could easily be in the billions of dollars range if Woulfe mining investor relations numbers are correct. Click on the link above to listen to this recent German interview on WOF

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