Woulfe Mining Corp WFEMF

RE:Dundee Corp. owns an estimated 35% stake in Woulfe Mining

[wealthy123]

We should not forget that there are other signifcant shareholders,not least Korean Zinc, who will not allow Woulfe to be bought out by Dundee for a pittance (Tungsten is becoming a finite resource and we have other commodities also).

None of the major institutional shareholders have sold down their stakes. Until the resource is proved up (again) and financing sorted we will be in the doldrums. I have one million shares plus in Woulfe bought in the high twenties and have no intention of selling.

I also feel frustrated at the lack of news but since investing in the Canadian Exchanges a few years ago now realise that good governance and transparency is rare and the regulatory authorities very poor. Honestly, I have seen better governance in emerging and frontier markets !! Anyway, I think it is a case of wait and be patient.

Good luck to us all.