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Woulfe Mining Corp WFEMF

Metals & Mining Industrial Metals & Minerals
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

Woulfe Mining Corp > Woulfe to clinch deal for tung
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Comment by StockExpertProon Feb 24, 2013 8:15pm
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Post# 21036292

RE: RE: RE: RE: RE: Woulfe to clinch deal for tung

RE: RE: RE: RE: RE: Woulfe to clinch deal for tung

Investor relations Nick Smith claims that the Woulfe Mining Sangdong tungsten mine has at least 70 to 80 million tons of tungsten ore in this German interview.

If you calculate $200 million dollars per year times 80x years that equals = $16 billion dollars worth of tungsten ore not including molybdenum and bi-products.

Note: This calculation could become much higher if tungsten prices continue to rise long term.

Perhaps the Korea Herald made an error and meant a potential value reaching $16 billion dollars instead of the $160 billion that they stated in the news article.

https://www.brn-ag.de/beitrag.php?bid=23177

You should listen to this fascinating German interview featuring the investor relations Nick Smith.

https://www.brn-ag.de/beitrag.php?bid=23177


Read more at https://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=32228074&l=0&r=0&s=wof&t=list#6vvLmVofbWsoSwex.99

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