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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 chrisp6712on Oct 31, 2013 10:17am
315 Views
Post# 21864923

Korean Article Translation.

Korean Article Translation.
Youngwol homologous tungsten mine redevelopment project on the grounds of the investor's long- delayed precision inspection of community complaints and concerns have been heightened .

Senator adjustment Yeongweol gunuihoe main chamber held at the 30th extraordinary session two times the 200th Plenary Session military response "in the homologous tungsten mine redevelopment project expected to begin in earnest last year, but this seemed to be a poor business disruptions locals is not that a concern with brewing projects have doubts about , "he projects status and future prospects for the answer required.

This refurbished gimgicheol energy strategy projects a " Canadian mining company , a manufacturer of mining Wolf homologous tungsten mine in 2006 followed in 2010 for the acquisition of mining rights homology Mining Co. established and underground mining method from Gangwon- Do you plan on mining acquisition , "he said.

The Director Kim a " feasibility study for redevelopment since mine with investment from domestic and foreign financial institutions , such as consultations , promoting Israel in February last year, the world's second largest metal cutting our manufacturing group, IMC Group and the total $ 155 million scale investment and long-term supply contract and in July the same year, and 1200 billion domestic financial institutions provide the financial memorandum of understanding was signed , "he added.

Director Kim a " smooth , especially this year, Wolf mining company Mining CEO homologous replacement for redevelopment , including reorganization of the Wolf in terms of investment with the majority of Canadian mining company Dundee Capital Fund in consultation with the mine worked on this side of Dundee Capital precision due diligence on the homology tungsten mine is going , "he said.

However, mining is homologous to the people this year , with full-scale mining processing plant , and does not fulfill its promise to build the number of times over Yeongweol mine requested to provide a specific schedule for the redevelopment of Dundee Capital investment for the first half of next year, precisely due diligence will take place only in reply to the response of the water is a bitgo .

Director Kim about it the " Dundee Capital precision due diligence is completed and the first half of next year, when capital investment decisions , such as investment banking sector since the second half of IMC and visualization , such as the mining and processing factory installed homologous tungsten mine is expected to be a full-scale redevelopment ," he said.

Meanwhile, the number of Yeongweol bakseongyu IMC and in the afternoon, the county office , Dundee Capital homologous mining officials attended the meeting held at the homologous tungsten mine redevelopment project " Mine is extremely depressed after the game homologous regions , as well as enable new possibilities and hopes local residents having to get up for an important occasion is actively promoted as different, "he had demanded .

Youngwol / per room kjbang@kado.net
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