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Bullboard - Stock Discussion Forum Woulfe Mining Corp WFEMF

Metals & Mining Industrial Metals & Minerals
Woulfe Mining Corp is a mineral exploration company. It is engaged in the acquisition, exploration and development of mineral properties.

GREY:WFEMF - Post Discussion

Woulfe Mining Corp > Majormac - Question ...
View:
Post by Mark101 on Feb 07, 2012 12:34pm

Majormac - Question ...

Just wondering if crunched the numbers ... in the event of a buyout, what's the company valuation now that we have a new updated resource estimate ?

If anyone makes an offer it should be for infrastructure plus tonnes in the ground ...

Thanks !

Comment by Majormac79 on Feb 07, 2012 1:32pm
500-800 million for the sale of sangdong mine. i have numbers for if we go into production as well which i posted many moons ago and since im online via phone at work cant do the exact details of it at the moment but based on the estimated 180 million a year woulfe predicts to make a year at 1.2 MTA divided by 324 million shares fully diluted it would be worth  0.55 cents with no multiple on ...more  
Comment by Mark101 on Feb 07, 2012 2:13pm
Thanks Major, looking forward to the BFS and financing news in 6 weeks, that should drive the SP nicely and as the construction progresses we should see this thing fly .... I'm long on this one !!
Woulfe Mining Corp
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