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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 MarcusAureliuson Nov 15, 2014 1:23pm
533 Views
Post# 23132625

Woulfe sold their state of the art crusher purchased in 2012

Woulfe sold their state of the art crusher purchased in 2012Listed Under Reports & Filings on the CSE Website. The company's annual financial report statement claims that the company sold their crusher. How do you operate a producing mine without a crusher? This doesn't look too good folks. Based on the recent annual financial statement. I suspect that the company intends on making a bankruptcy announcement during the December 15th AGM ~ Annual General Meeting. "During the year ended June 30, 2014, the Company sold a crusher purchased during fiscal 2012. The Company sold the crusher for proceeds of $243,228 which resulted in a loss of $376,014."
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