Woulfe Mining Corp WFEMF

low volume

[Profit79]

in response to the low volume recently.... anyone ever seen how much momentum can build behind a stock that trades on little volume? when good news comes out people generally shove their way to the front of the line to put it metaphorically. the stars are lining up here for the longs.

[Majormac79]

Well i dont think u can round up much better news then has already been announce and anticipated

[Mark101]

In my opinion, patience is key ..... BFS + Official Closing of Offtake Deal + Completion of Financing = $$$$$   And for those of us longs who dare hold on to their shares until production begins and WOF starts to generate a positive cash flow = $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$   Enjoy the ride !!

[Canon123]

There is still risk until the financing is complete. I have seen many "done deals" that never got done. The bfs will most likely be positive, but regardless WOF still needs the Financier to sign on the bottom line. Brian seems to have everything lined up but the proof is in the puddin as they say. Buying now before this includes risk and also the potential for a greater reward.

[professorchaos]

This is absolutely true, there is always risk. The thing is, it never goes away. There will always be risk, whether its in the offtaker staying in business, not paying or delaying accounts receivable, or a meteor strike. I think what's most exciting about this project is that IMC now needs woulfe's tungsten. They aren't going to change their name to "international not-metalworking

[kyoung28]

Remarkable comments, professorchaos, With the expansion of Taegutec's plants, it looks most likely their demand of tungsten will be increased to 12,000 tons from 6000 annual. While China continues cutting their export quotas for tungsten, if they didn't have some sort of backup plan (which is Sangdong Mine), their expansion would not be possible. After seeing their expansion

[Majormac79]

If IMC needs 12000 tons WO3 a year  WOULFE would be mining at 2.4 MTA and still not keeping up!

[Majormac79]

which could be why it was predicted tungsten spot price to go over $500/mtu next year