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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 cult_of_frankon Mar 19, 2013 6:28pm
238 Views
Post# 21152547

RE: The Past is History/ Get Over It/ let GO.

RE: The Past is History/ Get Over It/ let GO.

Maybe his speculation is true re:the Wessons, maybe it's not. Maybe if it weren't for them, not a single person on these boards would have heard of Sangdong or maybe they lied and hid facts. I don't know the circumstances and for whatever reason, their departure from the company has not been told to anyone that is not an insider. I admit it seems pretty fishy but until I hear something definitive, I will respect that they got the mine going, publicized, and got us to the table with IMC in the first place.

But the warrior is right, the past is the past and they're not here. There is a mine with a lot of potential even if much lower tungsten prices come to pass, we have a new CEO who supposedly has a reputation for getting deals done (I have not done my own homework on him yet, sorry), and either we have a deal with IMC or we find another source of funding. They are not the only way to get the job done but I know that I and most others out here are impatient and would take it rather than going back to dating other suitors just to have a little more certainty in an uncertain world. There are still a lot of people that would like a secure source of tungsten, there is a gold mine that is sitting there doing us no good right now, there are a lot of avenues to explore beyond begging IMC to do business. Yes, financing is tight these days but excellent and proven projects are as few and far between as ever.

Nothing about the fundamentals of this mine have changed. Smarter people who have done more homework than any of your typical stockhouse crew (myself included) are aboard and invested. If you want a two day pop, there are better day trading stocks out there but if you have a few years I'm sure you will be preaching the virtues and rewards of patience. Of course, I'm long on this project and have been for quite some time.

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