Bullboard - Stock Discussion Forum Woulfe Mining Corp WFEMF

Metals & Mining Industrial Metals & Minerals

Woulfe Mining Corp is a mineral exploration company. It is engaged in the acquisition, exploration and development of mineral properties.

Add To Watchlist

GREY:WFEMF - Post Discussion

Woulfe Mining Corp > Mark101 but when

View:

Post by fredi1 on May 19, 2013 3:19pm

Mark101 but when

if Dundee bought anather 100 million shares ( i say if they , thats remote speculation ) the SP must rising and not too tight .

is that good for dundee . dont they interest in higher share prise ?

fred from germany

166

Comment

Comment by Mark101 on May 19, 2013 7:46pm

Yes it would create lots of dilution but imagine if Dundee would finance WOF by doing a Private Placement and buying 100 million shares for $10 million which means they pay .10 cents a share. Then WOF completes the testing that is required and bam, there's a buyout of WOF at .30 cents a share. Dundee would walk away with an extra $20 mil in profits just like that !! I'm not ...more

Comment

Woulfe Mining Corp