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Wolfden Resources Corp V.WLF

Alternate Symbol(s):  WLFFF

Wolfden Resources Corporation is a Canada-based exploration and development company. The Company owns a 100% interest (land and mineral rights) in the 6,800-acre Pickett Mountain Project in Maine, United States, which is an undeveloped volcanogenic massive sulfide (VMS) deposits in North America. The deposit is situated 85 kilometers (km) (53 miles) west of the Canadian (New Brunswick) border. Its Rice Island Property is located in west-central Manitoba at Wekusko Lake. The 100%-owned Nickel Island property comprises 6,041 hectares (ha) and consists of four mineral claims (MB11932-MB11935) totaling 700 ha. The property is located in the Island Lake Area, 10 km west of the community of Garden Hill and 280 km southeast of the City of Thompson in east-central Manitoba. The Tetagouche property comprises approximately 16,000 hectares in the heart of the Bathurst Mining Camp in northeastern New Brunswick.


TSXV:WLF - Post by User

Bullboard Posts
Comment by martin81on Nov 05, 2015 10:35am
71 Views
Post# 24261658

RE:Wolfden aquires Nickel Island property.

RE:Wolfden aquires Nickel Island property.Well, this is good news for sure. Another proven high grade nickel property acquired by staking, with no involved royalties. It looks like Vale is letting their leases lapse and walking away from Manitoba. However, this news explains the constant anonymous selling recently. There's probably a PP coming at these levels. They are going to need more money to work these 2 properties. I suspect the recent high volume sellers will be the participants in the PP and will receive an additional warrant. Hope I am wrong but I doubt it. That's the nature of the junior exploration market these days.  The SP is still going up from here, don't get me wrong. We may see some dilution though. Good luck all. 
Bullboard Posts