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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.


GREY:WFEMF - Post by User

Woulfe Mining Corp
Bullboard Posts
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(4)
•••
Comment by kyoung28on Nov 28, 2010 4:37pm
286 Views
Post# 17768297

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Caesarsrep

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: CaesarsrepGallic,

Production in 2013 was their previous plan. WOF expedited their plan and it is now 14 months from financing.
How do I know? I had e-mail exchage with the CEO, Brian.
The actual production will start in 2012.

Upon their feasibility, WOF will start developing mine site. As soon as the mine site is completed, guess what will happen. 

Based on NPV U$480Mil, sp based on that should be at least....I mean AT VERY LEAST $1.
*** Above NPV was based on APT U$240/MTU but it is now around $300/MTU. 

There are so many other reasons such as physical location of their mine site and existing infrastructure explain why WOF should be around $1 than just simple figures as mentioned above. 

We will find out how market adopts it soon. 







 
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