Woulfe Mining Corp WFEMF

swings and divergencies

[74volfram]

Mergers and acquisitons are not easy to manipulate like PPs, especially if there are precedents like previous offers and valuations. I would not make too much of the current swings and relative SP divergencies with such low volumes. Maybe somebody is manipulating the price, but this is also the least traded week of the year.  Canada was off July 1, US is off July 3.  Only old bids and asks are on the list. More meaningful activity should resume on Monday.  Today there were no trades on either AII or WOF.
Looking at fundamentals instead: Tungsten price seems to be losing its downside momentum. Leading minor metal indicators (LME traded Cobalt and Molybdenum) have stopped falling. Almonty has put in $5M and shares into the company including 1M cash.  Three new directors with a technically competent CEO are now on board.  IMC and locals seem to be engaged again.  These are all positives. 
Let's also not forget the monthly CSE "report". This will be the first report under new management.  I am very curious to see if anything changes there this time.