Woulfe Mining Corp WFEMF

RE:RE:RE:RE:RE:Update Woulfe Mining Alternate Trading Symbol WFEMF on OTCQX

[mercurysmith]

Pauly, in theory the value is the same whether you trade on the C or on the O and the only difference is the C is reflected in Canadian dollars and the O in US dollars.  Once the conversion is factored in, there is very little if any difference.

The bigger problem is volume.  Yesterday the O had 3X more volume than the C with Wof shares (but neither had much volume).  That is in part because many are still not familiar enough with the C and also because some brokers do not allow direct trading by internet on the C (they require you phoning in the requested trade).

Today neither the C nor the O have any volume to speak of.  I suspect this pattern of lower retail volume will continue given the move from the V to the C.

To answer your dirrect question.  If you bought on the V (which was Canadian dollars) then you can still just sell in Canadian dollars on the C (my broker even allows this to be by way of a direct internet trade).  The problem is that currently there are not enough reasonable bids and asks on the C to quickly make reasonable trades.  Hopefully in another week or two the bids and asks will pick up on the C, but I do believe the overall trading volume will continue to be lower than when it was on the V.