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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 cult_of_frankon Feb 01, 2012 4:39pm
238 Views
Post# 19476275

RE: RE: RE: RE: RE: our future investors

RE: RE: RE: RE: RE: our future investors

Or, for that matter, have the latest financial documents so potential investors don't have to go to SEDAR. I was also looking for some copies of the various valuation reports but could only find one on the site. Thanks for your input and I am not (at the moment) too concerned about Brian; he seems to be capable and ahead of the curve. Korean Zinc is only out until the feasibility is completed, or so is my understanding. We are not likely to see much movement (except speculative) until that is completed but it's only 2 months away. 

Still, the point that we are well below where we should be is well taken. But juniors that are not yet fully financed aren't moving up much these days anyway. I expect that we will see a slight build before the FS is released, a jump when it confirms that the mine is economical (how could it not, considering that most of it is already in place and we will be starting in a year's time), and then run up a good portion more when financing is complete to be in the lower ballpark of the discounted NPV of Sangdong. Then, when we've got production and our first commercial shipment, I imagine that a lot of us will be going out for a night on the town.

All the above is just my opinion and I am not a financial professional and own a good chunk of Woulfe stock which I plan to hold well beyond the 'night on the town' as we start to see these other projects adding to the valuation as well (at the moment they are not priced in at all in my opinion).

Good luck to all!

 

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