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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 22, 2013 5:49pm
162 Views
Post# 21428552

RE: RE: Considerable Assistance with Bridge Loan

RE: RE: Considerable Assistance with Bridge Loan

https://www.realtor.com/home-finance/homebuyer-information/what-are-bridge-loans.aspx?source=web

Why didn't Dundee Corp. provide a bridge loan or swing loan to Woulfe Mining before this news release came out? This completely baffles me. They had more then enough time to arrange this. This is a good example of how incompetent and backwards the Woulfe Mining management is. If the news release would have stated that Woulfe Mining will be receiving considerable assistance from Dundee Corporation in longer term negotiations with IMC. Then stated that Dundee Corporation will be providing a bridge loan to Woulfe Mining for short term financing while these longer term negotiations take place with IMC. It would have made more sense because that would actually mean that Woulfe Mining would be receiving considerable assistance from Dundee.

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