A lot of Optimism Surrounding Woulfe Mining Recently I really like Woulfe Mining as a long term investment because of the enormous potential associated with the Sangdong tungsten project. The Sangdong deposit has the potential to supply Woulfe Mining with cash to help drive their other projects in South Korea, and globally if they chose to do so....
The potential on this is very much "blue sky" 'cause of the sheer size of the deposit, the ever expanding resource to be proven up into reserves, and the real need for the products that come from it, ie. W and Mo., not to mention the Bi and Au that's there as well. More and more people are on the planet each year, and more and more people are gaining wealth, want stronger militaries/armies, better lifestyles, etc., they all need tungsten.
If played right, Woulfe Mining could become a MAJOR over the next decade and beyond, but they've got to get this Sangdong Mine running first! Advice (if you are willing to take it): 'Be like Warren Buffett or Ned Goodman', build a large position, then sit for a long time....
Cheers!
Quote:
"If played right, Woulfe Mining could become a MAJOR over the next decade and beyond, but they've got to get this Sangdong Mine running first! Advice (if you are willing to take it): 'Be like Warren Buffett or Ned Goodman', build a large position, then sit for a long time."
I think this is sound advice.