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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 kilgoron Mar 06, 2013 10:12am
250 Views
Post# 21086504

RE: Rick Rule

RE: Rick Rule

I was thinking the very same thing........  As much as we show content that promotes our view, we should also show content that is contrary to our view in order to form a well balanced opinion.  (FYI: The content I am referring to is well formed logical content from a reliable source, not personal sewer verbage)

So let me comment first......

Rick Rule is well respected by his peers, and he is entitled to his opinion that he thinks the tungsten market is small, hence can be manipulated by China as they are the dominant player. According to Rick, this is probably an unacceptable risk as he has skills and tools at his disposal to identify better plays than WOF at much lower risk profiles.

Another way to look at this is that 99% of shareholders are hanging tightly onto their shares, and to make a difference in RR's portfolio he would have to purchase a significant amount of shares, which he won't because he is the last big dog at the bowl. Also, it is a waste of his time and effort to analyse a stock that has basically left port. So he is fluffing off WOF.

And thirdly, it is virtually impossible to have everyone like the same thing hence it is normal to expect some people not to like WOF.

N.B. To support my argument that WOF have left port, Ned Goodman had the opportunity at PDAC to speak of WOF i.e. to advertise WOF. Instead he referenced of visiting a tungsten property in S.K. to kick the tires....... basically...... "This Boat has Sailed".

IMHO of course..

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