GREY:WFEMF - Post by User
Comment by
StockExpertProon May 22, 2013 5:36pm
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Post# 21428513
RE: RE: Considerable Assistance with Bridge Loan
RE: RE: Considerable Assistance with Bridge Loan
Does anyone have any idea why Woulfe Mining management would put out another misleading news release like this? About Woulfe Mining receiving the considerable assistance from Dundee Corporation in longer term negotiations with IMC. If this was true about Woulfe Mining receiving considerable assistance from Dundee Corp. then why didn't this news release mention a Bridge Loan from Goodman's Dundee Corporation? Bridge loan, also termed a swing loan or gap financing, is a short-term, temporary loan used to secure a purchase until longer term financing is arranged.
https://www.realtor.com/home-finance/homebuyer-information/what-are-bridge-loans.aspx?source=web