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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 mercurysmithon Mar 28, 2012 11:29am
399 Views
Post# 19727802

RE: Dumb Question

RE: Dumb Question

Fattail the increase from Glanville is from 79% to 85%.  That is still very good news, but you are correct that it is not a 15% increase from Glanville projections, but rather a 15% increase from the historical recoveries when the mine was active years ago.  Glanville had obviously already factored in much of this increase, but for a BFS, more scientific proof was required and that scientific proof seems to have exceeded Glanville's projections.  This is a great news release, and as Smythertime stated, it adds predictibility to the upcoming BFS. 

 

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