Woulfe Mining Corp WFEMF

RE:RE:RE:News Shares for Debt

[ahrg]

Actually it looks a lot less dead now than it has for a long time... Yes it looks like they have little cash -we have known this for some time. Its difficult to pay people in shares that are close to the project without them thinking that there is value in it especially with a 4 month hold period that takes it out past the maturity date of the IMC loans which would theoretically bankrupt the company if things don't work out as planned. I just can't imagine Dundee would let the whole thing go bad so close to making real progress. We are more likely to see another loan to tide Woulfe over from Dundee.