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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 lonadeon Jan 26, 2015 11:12pm
203 Views
Post# 23366188

RE:about shares

RE:about sharesJust add to your comment on the share count:

There was a share count done sometime last year, where a large number of outside shareholders provided the number of their shares, including myself.

Now just assuming that there was some truth behind that, there should be a least 13 Mio shares in the hand of longs. I have more than trippled my position since then, so it could even be higher.....

So the number of shares on the market are really limited (if all longs/insiders hold thight), compared to the total outstanding shares. If you add up all the asks in level 2 at the moment, its really neglegible.

It is also nice to see that most of the asks in level 2 are from before the announcement of the feasibility study and very few new ones were placed yesterday, meaning most people are holding thight on the good news. You will surely have some daytraders making some profit on the current gains, but thats of a very low value.

So anybody deciding to join WOF now will have to start paying more as we climb up the ask table and that will make us all longs smile more every day!

Lets see what annonymus will be doing in the near future (or today), maybe they will try to push down the price again by filling the ask again.

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