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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 biznotstockon Aug 16, 2012 1:14pm
155 Views
Post# 20225402

RE: RE: What's wrong with this picture

RE: RE: What's wrong with this picture

 

Regarding the "short on cash" idea which has been posted a few times since the PP announcement...

It's important that we all be aware that there are front end fees (paid in cash) to commercial financing deals like the one we signed with Shinhan Bank. Furthermore, we pay for the bank's DD on the project as they must hire engineers, consultants, etc.

 

 

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