GREY:WFEMF - Post by User
Comment by
sober_thoughtson Sep 05, 2012 5:01pm
222 Views
Post# 20321588
RE: RE: RE: The wording of August 31 press release
RE: RE: RE: The wording of August 31 press release It could be that I'm over analyzing the situation. Frayed nerves over another investment gone horribly wrong due to poor governance. That said, I remember a time when Woulfe promoted that it would be producting in Q4 2012. Ongoing delays and many missed deliverables have me concerned. So when I see amended words on a press release denoting new language about an agreement, I am looking for some reason to be optimistic and hope that better news is coming soon. Maybe I'm reading too much into the words. I guess time will tell.
Mercury put it a litle more elequently then I did in the initial post, but his point that "WOF sees little value in making a n/r before the money is on the table, given it is IMC and not WOF that is in control of when that money will be paid." is valid. A positive surprise announcement denoting an agreement with money in hand would do wonders for this stock.
GLTA