GREY:WFEMF - Post by User
Comment by
StockExpertProon May 22, 2013 5:49pm
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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.