GREY:WFEMF - Post by User
Comment by
clk_vestedon May 03, 2012 4:58pm
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Post# 19868650
RE: Consolidation almost done?
RE: Consolidation almost done? Yes, the bid:ask ratio is looking better, but the volumes are still pretty low on either side. I have to think there's money that's not on the table -- and I'm hoping it's on the "buy" side. With all the press recently, it would be nice to think that the market might finally start looking forward to what this company will be worth in a year. I mean, with most companies, you expect a "ramp up" as revenues slowly grow, but with Woulfe, once they are ready to start processing ore, boom, they flip the switch and they are suddenly earning ~$80 million a year, and it can only go up from there!