Woulfe Mining Corp WFEMF

TaeguTec Plant 2 Due to Open Soon!

[StockExpertPro]

To be honest I think the current WOF board of directors are very capable of pulling off this deal with IMC but they should also be concerned with shareholder value. They are highly qualified with a lot of experience. That is partly the reason why I am scrutinizing their actions with such harsh criticism. Everyone expected a lot more from them. The whole reason they had the previous CEO Brian Wesson replaced was to bring in a more qualified management team. Ned Goodman's Dundee Corporation was supposed to provide the leverage that Woulfe Mining needed to level the playing field so they can successful complete these negotiations with IMC. I do not like how they are playing games with the shareholders. Once the new management was in place they should have cut out all the BS and got down to business. Instead of trying to create this ridiculous scenario about Woulfe Mining having a desperate cash crunch while supposedly receiving considerable assistance from their largest shareholder Dundee a billion dollar corporation. In my opinion Goodman and Dundee will need to step up their game to help support Woulfe Mining and back the company up in order to bring their tungsten project to a successful completion. Buffett's IMC is the parent company of TaeguTec formerly known as Korean Tungsten Company. They were the original owners of the Sangdong tungsten mine. They are desperate to regain control of this Sangdong tungsten mine especially since the TaeguTec plant 2 is due to open soon in South Korea. The Woulfe Mining management needs to be on their toes during these negotiations with IMC. Now take a close look at the timeline section on the TaeguTec website. The final timeline is Nov. 2011: Due to open TaeguTec Plant 2. Which means the Woulfe Mining Sangdong tungsten project will be the final piece of this puzzle.

https://www.taegutec.com/Section.asp?CountryID=18&MenuItemID1=62&SectionID=974