Woulfe Mining Corp WFEMF

APT price

[sldiri27]

Hey everyone,

   I am long on this position and believe in the fundamentals of the company as well as management.  Despite the conservative nature of the FS, the extremely positive news that came out today should have induced some decent movement.  That hasn't happened.  Why?  Could it be tied to the apparent volatility of APT?  The lows are somewhat scary.  It did, however, experience a gain today and hopefully it will continue to move upwards.  Any ideas on why it is so volatile?  Have end users decided to search for alternative, cheaper means to their needs because demand may outstrip supply with China no longer exporting as much?  Has anyone seen analyst predictions on price of APT?  ----   I am anxiously awaiting financing of this project...I will feel much more comfortable when that happens!    Let me know your thoughts...

[Majormac79]

I wouldnt be surprised that it is the news of Woulfe's Sangdong mine coming online that has allows the tungsten price to ease

[professorchaos]

Not every effect has an observable cause, because some causes are unobservable. This is my greatest frustration with the efficient market hypothesis, so please forgive my passion.   Yes, the price should be higher. But if you are a long, then that was true when you bought shares, too. When I bought, it was because I analyzed the company and macroeconomic factors (like the story majormac

[sldiri27]

could very well be - However, with the news : "The Sangdong Mines are estimated to hold a tungsten reserve of 103 million tons (t), which can sustain mining activities for the next 100 to 200 years." APT seemed to recover a bit and had an uptick yesterday after steady/gradual loss, despite the potential supply saturation. The APT per mtu price shed approx. 12.7% from April 13th to April

[sldiri27]

Raiocination can wreak havoc because you feel you've done your DD and made a solid, informed decision taking in consideration all the tangibles and intangibles based on the reports available to you. EMH certainly doesn't apply to this stock, at least, not this week. I do believe this is still very undervalued.  The price stagnation and low volume could also be attributed to those

[sldiri27]

inverse?  that's what happens when you work late hours.   a direct relationship*