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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

Post by StockExpertProon Sep 09, 2013 4:04pm
396 Views
Post# 21727820

Refurbished Tungsten Mine = WOF's Sangdong project can produce a tremendous amount of tungsten with very strong economics

Refurbished Tungsten Mine = WOF's Sangdong project can produce a tremendous amount of tungsten with very strong economicsNote: The Woulfe Mining Sangdong tungsten project will become a refurbished mine in South Korea. Refurbished mines do not require nearly as much financing and can be put into production quickly. According to my estimates they only need around $150 million dollars for this major tungsten project. Most projects require well over $500 million dollars in order to go into full scale production. If you do the math on this. It's staggering how profitable this company could become. I'm shocked that the stock price remains around .18 cents per share considering how undervalued the company is.
WOF's Sangdong project can produce a tremendous amount of tungsten with very strong economics. Plus with Ned Goodman's nearly unlimited financing and business connections will help the company along. The WOF board of directors could have this mine up and running in full scale production ahead of schedule. This could explain why the company expects to return Sangdong to production by Q4 of 2013.



About Woulfe Mining Corp "Unearthing Global Assets"
Woulfe Mining Corp is focused on 'Unearthing Global Assets' through the recognition and development of undervalued natural resource projects. Woulfe differentiates itself by boasting significant technical expertise in the design, development and operation of mining projects.
Our flag ship project is the Sangdong tungsten mine in South Korea, historically the world's largest tungsten mine for over 40 years. Sangdong is expected to return to production by Q4 of 2013. Woulfe has entered into strategic agreements with International Metalworking Companies B.V. ('IMC'), part of the Berkshire Hathaway group of companies. This partnership brings strategic advantage given Woulfe's mining and processing technical abilities and IMC's downstream manufacturing skills, high level of innovation and quality of products sold into the global tungsten market. Woulfe Mining Corp. is a Canadian TSX-V listed company. Further information can be found on Woulfe's website www.woulfemining.com or on info@woulfe.com.au.
Neither TSX Venture Exchange nor its Regulation Service Providers (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Woulfe Mining Corp.
Hubert Marleau
Interim Chief Executive Officer and Director
343 370 1943

Woulfe Mining Corp.
Administration Office
+1 604 684 6264
+1 604 684 6242
info@woulfe.com.au
www.woulfemining.com
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