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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 SmitherTimeon Oct 17, 2012 11:59pm
269 Views
Post# 20496574

RE: RE: 2yr Estimate?

RE: RE: 2yr Estimate?

Firstly, I want you to know that I agree with the rule that moves in share price are 60% market based, 20% sector based, and 20% company based.  However, I think it's important to remember that  analysts who claim this are usually talking about mid-large cap companies.  Penny stock (Micro cap) companies are much more driven by company performance than their larger counterparts.  This in no way diminishes your comment, because I agree that in the long run, tungsten price and a strong economy are the most important factors.  However, a huge percentage penny stocks never get to the point of actually turning profits or getting to production regardless of market conditions.  Thus why picking a winning company makes up a larger piece of the pie in speculative stock than in stocks based on earnings.  Woulfe looks like a fantastic bet to me.  As most longs that have been here a while have seen, things haven't gone perfectly, but overall I have been impressed with management and believe company news will push this stock up nicely so long as the market and tungsten prices hold their own.

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