Woulfe Mining Corp WFEMF

RE: RE: Market movement

[mercurysmith]

Gaius, I think Mtlimpact explained it.  Someone bought up a lot of the PP shares for $.20 and then immediately sold them on the open market for $.19--this was actually a great hedge--their total down side was the 5% loss with the sale.  That was the cost to them for buying the warrants.  If Woulfe becomes a 5 bagger within the next 2 years, then that becomes a lot of risk-free money, with no further down side potential.  There are some savy investors out there.  Now that investor obviously had no inside information, because if he knew of some great upcoming announcement, then he would have held on to both the $.20 shares and the warrants.  Like I say, an interesting hedge by a smart investor.