Woulfe Mining Corp WFEMF

RE:RE:RE:Technecal Insight very Bullish for WOF.

[cult_of_frank]

He is stating this as a list of things he's worried about, not factual data. If either of the first two points were true, there'd be no Woulfe mining (but there is). As for these fears:

1) I think it's highly unlikely that we have to worry about the feasibility changing from very promising to nothing. They are expanding the drilling, not re-doing it, meaning that with the material we have it is already feasible but that it was not very thorough and to do a better job of the mine plan (and make this a better long term investment) more drilling needed to be done. 

2) This is possible, I suppose, but there are a lot of other big stakeholders that would have to be screwed as well. The new drilling will hopefully improve the overall value of the mine and give us a better position in financing.

3) If China still had the supply to flood the market for any decent duration of time, tungsten wouldn't be recognized as so critical a metal. They have mined away all the easy stuff to flood the market in the first place. We will be relatively low cost compared to other ex-China mines and also one of the bigger chunks of global supply, meaning we will have a pretty big lever when it comes to determining global pricing.

My main concern right now is that management is not communicating at all, which shows a level of contempt for common shareholders that do lead me to worry about some backroom deal where we have to give up our shares for a fraction of their actual value, but I think it would still be well above current pricing levels due to the fact that a lot of big investors have cost averages at or above our current price. All is my opinion alone, do your own DD, and good luck to all.