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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

Post by Flow23on May 19, 2013 11:39am
197 Views
Post# 21416523

What doesn't add up for me...

What doesn't add up for me...

On the 22th of April Dundee bought another 3,5 Million shares for 0,28 CAD. That's just a month ago. Normally at this point Dundee should have been aware of the situation that Woulfe is in need of financing and that's there more work to do as assumed. At least they should have noticed something isn't right. Would you buy more shares over market price? I don't, unless I see a solution to those problems ahead. So shouldn't we see some financing or kind of good news next days/weeks? But if Dundee was aware, they could have waited for a financing to get shares probably for a lower price than 0,28 CAD. Or the tranaction was prearranged a long time ago and Dundee actually noticed the need of additional work afterwards......what the hell is going on there!? It's confusing..

 

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