Reading Just went back and was re-reading some of the releases and presentations. The Objecive Capital report has some interesting cash flow and earnings projections, expecting earnings of $83M by 2014. I'll let you all apply your own P/E multiples to that.
https://www.woulfemining.com/i/pdf/objective-woulfe-aug11.pdf
Also, the mining company life cycle chart which is being discussed was actually included in woulfe's last corporate presentations, which has since been replaced on the site with the Jan 2012 version. Anyway, in their opinion, that original share price spike was Woulfe back in 07/08/09 and we are currently at the bottom of the trough before the big rise. (They actually had an arrow pointing to the second share price spike indicating that was where Woulfe was just entering). I'm sure if you're interested enough, the presentation could be tracked down with a simple google search.
Also, has anyone had a look at the most recent corporate presentation?
https://www.woulfemining.com/i/pdf/presentations/CorporatePresentation.pdf
There are a tonne of things planned to be rolled out over the next couple of months, including a bunch of design work, BFS study as we all know, but also off-take agreements in place and gold valuation with potential restructuring of gold assets 'depending on numbers'.
Lots to come here.
Disclosure: I own shares of Woulfe Mining Corp.