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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 kilgoron Mar 05, 2014 9:57pm
309 Views
Post# 22286511

Big Picture.....

Big Picture.....
- Lets say 350K shares are traded daily (which most of the time fewer shares are traded, but we will use this number for the simplicity of calculations).

-With 350M o/s (we round it again for the simplicity of calculations), that means only 0.001% are traded daily.

- Lets assume trading is every Mon-Fri, which gives us 260 (5x52) trading days.

- Lets assume that every share traded are by unique shareholders throughout the year.

- This means only 0.26% (260 x 0.001%) of the shareholders are trading or 99.74% are holding their shares annually.

- We have a major shareholder who have excized their option to maintain their 10% ownership.

- We have another major shareholder who is taking advantage of the opportunities to increase their share ownership through the issuance of new shares.

- We have a partner willing to purchase our final product and has provided additional loans and extended additional loans to tie us over until we get to production.



Based upon these facts, what do you think is the probability of this stock Not getting to Production? So is the risk worth it?

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