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Bullboard - Stock Discussion Forum 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 Discussion

Woulfe Mining Corp > NickSmith
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Post by whoisyourpapa on Mar 27, 2012 11:35am

NickSmith

Hey Nick any word on whether the BFS is delayed again?  TIA

whois

Comment by CJHallee on Mar 27, 2012 2:29pm
In my opinion it certainly isn't trading like the BFS is going to be released by March 31st.  Either that or the market is very unsure whether it will be or not based on us being stuck in this range.  I sure hope they meet their deadline that they have mentioned numerous times.    
Comment by professorchaos on Mar 27, 2012 2:38pm
If they miss the deadline, longs get to keep buying, but even cheaper.   The low price right now is not something to worry about, IMO. There are a lot of people who have already made 50%+ returns, don't know anything about mining, and are perfectly happy to sell at absurd prices in order to cash out and keep themselves unexposed if the BFS is bad news. At these prices, I'll take that ...more  
Comment by whoisyourpapa on Mar 27, 2012 2:39pm
Totally agree, stock not trading as if BFS is "imminent".  If I had to venture a guess I would say it will not be out this week, just a guess though. . . whois
Comment by professorchaos on Mar 27, 2012 3:10pm
Why do you say that? To me, it's trading exactly as if the BFS is imminent. Longs are patiently waiting, having already allocated the amount of capital they think is best to this project, and traders are trying to unload, since they don't know/care about the companies fundamentals, and the BFS is just a wildcard to them, and they would rather not deal with that unknown risk. To longs, it ...more  
Comment by whoisyourpapa on Mar 27, 2012 3:58pm
You could be right professorcahos, I just would have thought volume to be higher days before the release of the BFS, in fact I think we will see a considerable uptick in volume 1 or 2 days before its release. But what do I know. . . One thing is for sure, I am not worried, rather excited and anxious to get things rolling.  GLTA!!!   P. S. lots of people watching on the sidelines on this ...more