Woulfe Mining Corp WFEMF

Long Weekend with Glass Half Full?

[mercurysmith]

No way.  This is a long weekend.  Glasses are way fuller this weekend.  I believe next week will be the best week with Woulfe s/p since the original IMC announcement in late February.  Once the IMC offtake is firmed up next week, the s/p should climb back into the .30's.  

My goodness this company remains way undervalued.  It will pay for itself in 2.2 years after production starts in 2013.  With that production, it will have a huge cash flow of revenue. Currently the s/p is treating Woulfe as if it is still an exploration company--Sangdong has moved on from that stage.  It is now entering the construction stage (as will be confirmed next week with the IMC offtake firming up, which also coincidentally confirms the project financing).  Does anyone doubt the Tungsten resource is in the ground at Sanagdong?  Even Buffett's IMC thinks there is value in owing a slice of Sangdong.   Are those with glasses half empty really smarter that Buffett's think-tank?

So I say, for this long weekend, especially for all longs, let's raise our glasses to toast a new beginning, from exploration to construction (with our glasses filled to the brim with optimism).   Cheers.