GREY:WFEMF - Post by User
Post by
GaiusOctaviuson Aug 10, 2014 9:07pm
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Post# 22826841
Dundee Corp. owns an estimated 35% stake in Woulfe Mining
Dundee Corp. owns an estimated 35% stake in Woulfe Mining In my opinion Goodman and his company Dundee have bought a large stake in Woulfe Mining just incase IMC decides to renege on the deal. He's strategically positioning Woulfe Mining and giving Dundee leverage just in case Warren Buffett's company IMC decides to play hardball. Goodman is in the Canadian mining hall of fame for a reason. He's been doing these types of business deals for many years and helped create many successful junior mining companies. WOF shareholders are in good hands. Woulfe Mining is able to save a lot of money and slow down the company cash burn rate by moving to the new CSE (Canadian Securities Exchange). A professional investor relations firm will be required once the deal with IMC is finalized or after the drilling results are released.
edmed wrote:
Took a position in this company this week.
I think this is one of those investments you buy and forget about for a while.
Eventually this resource will be noticed and taken out ....should be good for a double or tripple from these levels.
jmho