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Bullboard - Stock Discussion Forum 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 Discussion

Woulfe Mining Corp > A Dundee Resort in Gangwon province
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Post by 74volfram on Mar 06, 2015 10:35pm

A Dundee Resort in Gangwon province

This Dundee development is high end. very unusual and good looking on top.  I did not know of this further involvement of Dundee in Korea business.
Here is the Mangsang resort brochure:
https://www.pattykodrun.yolasite.com/resources/150223_10721_Mangsang_MR2.pdf
Mangsang is on the east coast of Korea. Has both beach and ski slopes 2018 Winter Olympics and is next door to the main venues.  
Sangdong is 40 km inland.  So I am not sure how relevant the resort project really is to the completion of the mine. On one side it shows Dundee is in good terms with provincial Gangwon government to be developing one of their best real estate assets.  On the other maybe investors need to be reassured Dundee is not neglecting the tungsten mine in favor of the sea/mountain resort.  The recently provided loan and next steps towards financing should help clarify positions and intentions.
Comment by GastownGuy on Mar 07, 2015 7:36pm
What???? They went to Korea to look at a tungston mine and ended up building a hotel and golf course instead??  Is this for real?
Comment by GaiusGermanicus on Mar 08, 2015 4:52pm
It's IRRELEVEANT what Dundee does with its other divisions.  We don't care.  We care about Woulfe and ONLY about Woulfe.  What they do in real estate is a whole other question, and one that I'd rather not spend time on when I'm MORE concerned with what Woulfe is doing to preserve shareholder value between now and when its economically feasible to start extracting ore ...more  
Comment by GastownGuy on Mar 09, 2015 9:02am
If you think "it's IRRELEVEANT" that's fine. But you are wrong.
Comment by GaiusGermanicus on Mar 09, 2015 9:14am
Usually when we declare someone wrong we explain our logic . . .  It's how we keep arguments from, as this one did in ONE post, deteriorating to the kindergaren level.
Comment by guerreiro on Mar 09, 2015 1:57pm
Dundee Corporation and Dundee 360 Announce the Signing of A Framework Agreement With Gangwon Province to Develop the East Coast Free Economic Zone in the Republic of Korea     TORONTO, ONTARIO--(Marketwired - Sept. 9, 2014) - Dundee Corporation ("Dundee") (TSX:DC.A) and its wholly-owned subsidiary, Dundee 360 ("Dundee 360") are pleased to announce that they have ...more  
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