GREY:WFEMF - Post by User
Post by
StockExpertProon Feb 19, 2014 7:07pm
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Post# 22227492
$6 million work program on the Sangdong project
$6 million work program on the Sangdong project Is IMC providing the $6 million loan for the work program? This latest Woulfe news release does not mention how the company will obtain the $6 million loan. What is the problem? Shareholders were expecting a lot more than this after Ned Goodman brought in his BEST people to the Woulfe board of directors. How can Wolf minerals obtain not one but two off take deals and be fast tracked into production but Wolfe Mining continues to linger. The Wolf Minerals project has much lower grades of tungsten and higher costs due to being located in England. Woulfe Mining has higher tungsten grades plus lower costs from being located in South Korea. What this tells me is that Wolf Minerals has a better management team than Woulfe Mining.