GREY:WFEMF - Post by User
Comment by
GaiusOctaviuson May 25, 2014 1:57pm
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Post# 22596441
RE:RE:Stock will Rise
RE:RE:Stock will RiseGaiusGermanicus, Your post is NOT entirely true. The Woulfe Mining CEO is expected to give interviews and promote the company especially while the company has a small market cap in order to help protect shareholder value. Otherwise the CEO will be issuing out millions of shares of stock at a measly .10 cents per share which is exactly what Mr. Gaucher has recently done. By the way those millions of WOF shares the new CEO recently issued only have a four month hold on them and we're already a month into it. He's failing miserably at his new job duties as CEO of the company. Processing tungsten APT and selling it will do very little for shareholder value if the CEO continues to issue out millions of shares of stock like pieces of candy at .10 cents per share. Here is a hypothetical scenario on how this would have played out if Michel Gaucher had properly done his job duties at Woulfe Mining and given a few interviews and promoted the stock. Then issued press releases to all three stock exchanges that the company is listed on. If he had done these things then he may not have had to issue millions of shares of Woulfe stock recently at .10 cents per share because the stock price would have increased before the company paid off debt with shares of WOF stock. He could have issued the shares at around .20 or .25+ cents per share and conserved shareholder value. This would have allowed the CEO and management to issue stock to pay off some debt or finance the project until the low interest rate Shinhan bank loan can be obtained. Hopefully the new CEO has learned from his recent mistakes and now can begin giving interviews and promoting the company in a proper manner. Investors relations/Nick Smith will need to help the CEO properly coordinate the press releases on Woulfe Mining and update the website with new pictures and presentations. WFEMF shareholders did not receive the recent press release nor did they receive any of the company updates. While they're at it they may as well update the Woulfe Mining twitter account and Facebook account. Woulfe is listed on three stock exchanges. I consider WFEMF the primary ticker symbol for Woulfe Mining because that's where most of the potential buying power can come from which will drive up the stock price. Woulfe's alternate ticker symbol WFEMF is listed on the United States OTC market. I'd like to see photo evolution enabled on the Woulfe Mining website. NSU - Nevsun uses photo evolution on their website. This allows the company to display pictures during each phase of construction on their mining project for shareholders to view. Which increases shareholder confidence because they can visually see the construction being done on the mine. Seeing is believing!!!
GaiusGermanicus wrote:
Pauly10 wrote: The only way this stock will rise is if everyone stops making bad speculations.
Huh? What you want GOOD "speculations" why again? The only way this stock will rise is if they get the mine into production and start getting ore processed and sold. That's the bottom line. Sure it can gain market cap through speculation by NEW investors, but most of us older investors are fairly well into it for the long haul and the value of Tungsten at Sangdong, gold and silver at Muguk, and Uranium wherever the heck that pitchblend tar pit is.
That's the bottom line. No speculations are releveant to the success or failure of this company, that success or failure being in the hands of management, not speculating by members of a non-corporate "think tank" that these forums amount to.
The idea, seldomly achieved by junior mining stocks, is to make a few good hits enough to be a senior stock and develop properties without outside backing. We're still a junior stock, but one of the most promising I've seen in some time (hence my investment of almost half my cash resources). I don't just want a temporary pop in the price so I can unload my shares and make a quick 20%. Instead I want to hold it for half a decade and see a 20 bagger, minimum.
Stake up to 430k sh @~0.12 DCA.