Woulfe Mining Corp WFEMF

RE:Today's news..

[ahrg]

Maybe I misunderstood the NR...With this PP for 4 mil it would indicate to me that there is a future post the 26 of Feb IMC deadline. 
 
The risk of default on the IMC loan  is already factored into the share price.  There is still risk, but surely less with the PP for 4 mil, I expected this should have a positive effect on the share price?  My rationale is that Dundee has inside knowledge of exactly what state the company is in especially with IMC.  It would seem to make no sense to throw more into the money pit without a solid plan to deal with all pressing debts.
 
If you believe what was stated at the AGM,  IMC is still involved with better terms for WOF agreed.  Like already suggested on this forum, my best guess is that there are new terms to extend the loan with IMC another 5 mil on the condition that WOF finds the other 4 mil from other sources for the “required” 9 mil to get this project rolling.  This also makes sense why the 350k was separate, which would presumably be just to cover operational costs whilst the 4+5 million dollar funding is arranged and finalized.
 
I also believe Dundee is manipulating WOF unfairly for its own needs, the obtuse NR’s being released evidence of this.  It has been a deliberate and calculated approach to keep the share price down to gain as much share of the company as possible.