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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 Segusmundoon May 20, 2013 11:37am
200 Views
Post# 21417386

RE: RE: Shareholders unite

RE: RE: Shareholders unite

Wealthy- I agree with your post. While the thrust of the N/R is clearly pessimistic, it appears at odds with prior Marleau reports and Dundee actions you noted. Intended or not, absent other news, the N/R certainly casts WOF in a negative light for reasons that aren't yet clear. However, in NY today, I note that WFEMF opened at .173 where it is currently trading at 9:42 am on approximately 181k shares with a .173 VWAP. Hopefully, the N/R will not be interpreted as negatively as perceived. I do however note Frankfurt down marginally. 

 

 I like your idea of promting a special Board meeting. Access to the WOF shareholder list would also be a plus. Of course, IMO some of the purposes of another director/ special meeting is to insure: 1) that all shareholders are on an equal footing in the WOF risk/reward, grand plan process, 2) oversight and accountability, 3) transparency, and, 4) WOF success. Certainly, well healed WOF shareholder masses could be persuaded to assist in WOF cash needs by private placement if they trusted that all of the factors noted above were, in fact, the grand plan. I am not sure that is the current shareholder view and WOF has done little to inspire confidence to the contrary. From one of your later posts, you list current institutional ownership at approximately 175 M., or a little less than half of the outstanding.  Is that your approximate take?

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