GREY:WFEMF - Post by User
Post by
StockExpertProon Nov 04, 2012 1:23am
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Post# 20559845
Incredible Value! Possibly 20+ BILLION in assets
Incredible Value! Possibly 20+ BILLION in assets Based on this german interview with WOF investor relations Nick Smith the Woulfe Mining Sangdong mine has a possible mine life of around 80 years. Tungsten mines are known to have very long mine lives. At 200 million dollars per year for 80 years that would value the tungsten portion of the mine at around 16 billion dollars and this figure doesn't even include the molybdenum or Muguk gold & silver mine.
https://www.brn-ag.de/beitrag.php?bid=23177
The overall value of the Woulfe Mining assets could easily be well over 20 BILLION dollars if the Woulfe mining investor relations numbers are correct.