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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 StockExpertProon May 21, 2013 11:02am
289 Views
Post# 21420457

RE: Class Action based upon misrepresentation

RE: Class Action based upon misrepresentation

I strongly agree with you. I think Woulfe Mining management is misleading the shareholders. Check this part out from the recent news release.

In addition, the Company continues negotiations with various parties to provide a
short-term financing solution to meet its obligations and to provide funds to
advance the Company's flagship Sangdong Tungsten Project, although
there is no
guarantee that such financing may be available
. Longer term, the Company,
with
the considerable assistance of its largest shareholder, Dundee Corporation,

continues its ongoing discussions with IMC International Metal Working Companies
B.V. in order to reach a successful completion of the strategic transactions
announced in February 2012.

Scroll down to where it says with the considerable assistance of Dundee Corporation. If this is true about Dundee Corp. giving considerable assistance to Woulfe Mining then why would these idiots mention that there is no such guarantee that short term financing will be available. Everyone knows that if Woulfe Mining is getting considerable assistance from Dundee Corp. like Woulfe Mining claims they are that Ned Goodman and Dundee Corp. can basically snap their fingers and make financing available for a small company like Woulfe Mining. This is because Ned Goodman's Dundee Corp. is a large billion dollar company with many connections and resources. Ned Goodman needs to resign from the Board of Directors or be investigated. If he is not looking out for the best interest of the shareholders there is no reason for him to be on the Woulfe Mining Board of Directors.
https://www.marketwire.com/press-release/woulfe-mining-provides-update-tsx-venture-wof-1792506.htm

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