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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 > Timing of Events...
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Post by mercurysmith on Jun 10, 2012 12:06am

Timing of Events...

The Greek election on June 17th is just before theJune 23rd deadline for IMC to complete dd.  Woulfe s/p has closely followed the Venture market in recent months.  If The Greece vote results with them staying in the Euro, then the Venture could make a Run upward, but an opposite election result will push the Venture market down.  Good IMC news will likely push the s/p up.  Between the cross-fires of the election news and the IMC news, various combined results could happen.  Good IMC news is highly probable, so the Greece news is the big variable in the equation (Risk  101).  It would be a nice time to have a crystal ball.  I spent my last nickel going long with Woulfe, so my bias is for Greece to stay in the Euro zone, resulting in the perfect storm of the good news for the market and for Woulfe coming out at the same time., resulting in a nice rise in s/p.
Comment by professorchaos on Jun 10, 2012 2:50am
It's interesting to note that markets price for anticipated risk, not real risk. If there is (more) turmoil in Europe for a little while longer, it may very well slow down the increase in demand for tungsten (think about it; with non-Chinese supply dwindling as China steps up production for domestic consumption, we don't need an increase in Global demand, we just need an increasing demand ...more  
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