Woulfe Mining Corp WFEMF

Poor Global Economy May Help...

[mercurysmith]

First, it helps get the lowest possible interest rates for construction costs.  Second, it helps keep any competition from getting funding to build.  Now if the economy remains low after December 2013 production, that could be a problem, because fewer tungsten tools would be sold by IMC, but a slower economy before December 2013 works to the advantage of Woulfe, assuming Woulfe gets the IMC equity financing and the bank debt financing.  That assumption has been significantly derisked in the last few days.  That assumption is about to become a confirmed reality any day now, once we get confirmation (beyond some tv report) that the $35M from IMC has actually been advanced.