Woulfe Mining Corp WFEMF

RE:RE:RE:showing hands

[chizzles]

wolfry1 wrote:
Kilgor....As you point out, there appears to be some urgency to move the Sangdong project forward, it may very well be the drop-dead date given by the local Korean government. Regardless of the catalyst it's good to see some movement forward, even though there are many lingering questions left up in the air.

My "wild guess" and "wishful thinking" is that Lewis Black will resign from Almonty to focus on the Sangdong project.

Would be nice if he could sprinkle some pixie-dust on Sangdong and replicate a past magic trick as CEO of Primary Metals:

Acquisition:~55% interest in the PanasqueiraMine, a Portuguese tungsten mine owned by Primary Metals in March 2005 for ~$0.20/share
•Exit:Sold in October 2007 for $3.65/share(all cash) to SojitzCorp

That would be a fantastic scenario, one that I didn't think of. Almonty wins because they now own many shares of Woulfe, Dundee wins because they own many shares of Almonty, and we win because we get a very qualified CEO. I still think we might need Almonty in the future for further financing, etc. The one place that concerns me about our wishful thinking, is the Lewis Black is quoted saying that their hope is still to combine the two companies. Mr. Black leaving Almonty to be involved only with Woulfe wouldn't correspond at all with his quote.