Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Woulfe Mining Corp WFEMF

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

Comment by 74volframon Dec 17, 2014 3:35pm
257 Views
Post# 23241498

RE:RE:RE:a good mine plan

RE:RE:RE:a good mine planApparently, Canadian mining investors prefer to be dazzled with wild claims and excited commentary rather than having to sort through numbers and available data.  
When former management was advertising the 400M++ value of a flooded mine, investors were eagerly buying that, as long as the SP was going up.  But how many people actually profited from it? only the the very few that were smart enough to see through the hype and sell at 20-30c when people were looking at $2-3 targets.
CSE is also a slow churning exchange and a pain to trade with, without much of any following outside Canada. The US OTC (WEFMF) lack of liquidity reflects that.  But CSE has also advantages over Venture. For one, it is reported to be easy to short Venture stocks even at penny levels - and the average Venture junior miner has lost way more than Woulfe in this downturn. On top of that, it is tax-loss end-of-the-year time. so selling at a loss may be worth more in write-off than buying, even at these levels (it will be over in 10 days but it will be painful).  And there are really only about 200k shares offered between 5c and 10c, which may be old asks from previous days.  less than $15k would take them out.
<< Previous
Bullboard Posts
Next >>

USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse