GREY:WFEMF - Post by User
Post by
NickSmithNSCon Feb 03, 2012 3:51pm
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Post# 19487994
WOF
WOF Management are working hard to get the mine back into production and protect shareholders. In the current markets the type of companies that enter off take or strategic agreements are in a strong position. A position which means the deals offered are not always in the best interests of the Woulfe shareholders. Management are working to get the shareholders of Woulfe the best deal and will not move forward until they believe that has been achieved.
Management are fully aware of the cash situation and upcoming commitment I believe the next financial statements will be published in March 2012.
I do not know how these situations will resolve, but I trust Brian will continue to work very hard to the benefit of shareholders.
As material changes occur with Woulfe Mining we will make public statements. I follow this board to monitor shareholder sentiment and I am happy to help clarify and answer questions whenever possible.
I cannot and will not give investment advice, but I do trust Brian.
Cheers
Nick