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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 professorchaoson Oct 01, 2012 9:58am
182 Views
Post# 20432954

RE: RE: RE: RE: RE: $35million from IMC

RE: RE: RE: RE: RE: $35million from IMC

My thinking is that management most likely wants for us (strong longs) to know what is going on, without tipping off all the day traders. This is a reasonable approach if they are planning major repurchases, which I truly hope they are. (At current prices, the amount of extra cash they are receiving from shinhan (168B KRW vs 120B KRW) is enough to repurchase nearly half of the company.

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