Woulfe Mining Corp WFEMF

Time for Change.......

[kilgor]

• If all of this is a delay tactic to keep the tungsten in the ground, until the prices rise further, I am OK with that as long as they communicate the short term plan, especially what they will be doing over the next 12 months. But our management is NOT doing this. (What!….You don't have a 12 month plan that you can convey to the shareholders???????)
• Michael Gaucher provides only Good NR only to be shortly followed by another NR that decimates the share price. This is all good provided that NRs are released in a Timely Manner. But this is not the first time Gaucher has done this, so is this a coincidence? I think NOT.  Now every good NR that Gaucher provides, the market waits for the other shoe to drop. The impression that Michael Gaucher is giving to the market is that they are Manic, Do NOT Know What They are Doing, which in essence is Suppressing our Share Price.

• It is time to Change Our Management.

• All this lack of management communication and clarity…… the proposed merger, merger deal off, phantom offer, ……….What the Hell are they Scheming?????  Now they added another Dundee Muppet to the Board. What, the current number of Board members with Financial backgrounds wasn't enough so that you had to add another Muppet? All the while, at the shareholders expense! (Most likely they are compensated by Stock Options and performance bonus).

• If you think for a moment that Dundee is relinquishing this resource, give your head a shake.  Over the past several years, Ned Goodman has moved out of financials (i.e. sold all bank shares for all AUM) and is on record stating that he believes the US financial systems will collapse and Canada being a major trading partner will feel the full effect.  Ned has given speeches that he is moving into hard assets like real estate, and commodities because of the looming financial crisis.  

 According to Ned, the signs are all there…….the bread lines today in the US are longer than that during the Great Depression. (According to Ned, 47.5 million people in 23 million households that receive SNAP benefits. There are only 300-odd million that are in the country. It’s one out of six and a half Americans and over 20% of households that receive these SNAP benefits. -  In function, SNAP works as a monthly allowance whereby the beneficiary can use credits for food at SNAP-approved retailers. - These 47.5 million Americans and 231,000 retailers — Walmart being one — but 231,000 retailers are authorized to accept these SNAP credit cards. So on average, that’s only 205 SNAP enrollees per retailer, but when you look further, the number is actually quite higher, because of the 231,000 SNAP retailers, only 16% are supermarkets, and yet supermarkets captured 82% of all SNAP redemptions — all SNAP credit cards — so 82% is going to food for people who are given this.)

 

• So it appears the financial wizards on our board are put there to concoct new scheme. More effort is being placed on taking ownership away from current shareholders than to bring the mine to production. They are NOT working in our Best Interest. As one person on this board stated, it appears they are most likely going to sell our mine. This is quite plausible, but (IMHO) don't think that for a minute that Dundee wants out and is Not on the receiving end of that new scheme like the one with Almonty.

At the end of the day, if they want my shares, they can have them After the Mine is in Production. But at the next AGM, I will be voting to Clean up the Board and Management.