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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 StockExpertProon Dec 11, 2012 4:13pm
191 Views
Post# 20715334

RE: Incredible Value Possibly 80 Year Mine Life

RE: Incredible Value Possibly 80 Year Mine Life

Woulfe Mining used the bare minimum figure to receive financing. The 15 year mine life number was used to cut costs on drilling and to receive financing faster. Their debt is low compared to most miners because they are reconditioning a mine that was fully constructed and built by the South Koreans. Reconditioning a mine is much cheaper then building a mine ground up from scratch. They have great infrastructure with roads, water, and power. They recently cut future production costs by around 50% for the Sangdong tungsten mine. South Korea provides cheap intelligent labor and low corporate taxes. Warren Buffett and his company Berkshire Hathaway are fully aware of all of this that is why they are finalizing a strategic deal with Woulfe Mining. Once Woulfe Mining adjusts the mine life NPV numbers according to the 40 to 80 year mine life and includes the moly production we will begin to see the real value here. Plus don't underestimate the value of the Muguk gold and silver mine which is the largest gold mine in Korea.

I fully expect this $535.2 million dollar NPV to greatly increase based on the several factors that I listed above. This $535.2 million dollar figure is extremely conservative number and fully justifies a future stock price of $1.50+ price per share. In my opinion this could become a $3+ price per share stock in a few years.

Woulfe Sangdong project NPV increases 34% to US$535.2M


https://www.woulfemining.com/s/NewsReleases.asp?ReportID=556285&_Type=News-Releases&_Title=Woulfe-Sangdong-project-NPV-increases-34-to-US535.2M


Woulfe Sangdong project NPV increases 34% to US$535.2M

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