Woulfe Mining Corp WFEMF

SPOKE TO THE COMPANY THE OTHER DAY

[Sparkersss]

..was told somewhat of the same thing..Brian was gonna fly out as soon as the Korean Bank would give him the heads up that they were ready for him.(which they just did) .and that financing news could still be within days, but to avoid having impatient nannies calling every 2 seconds they buffered by saying well before Christmas!~

[Majormac79]

when the company proclaims a NPV of 535million this is based on no mining operations correct? So a NPV of 535million is an understatement when it comes down to having the crusher and APT plant built along with paydirt moving through? At that point does it become more of a play of the earnings multiple or is the NPV still what should be looked at?

[cult_of_frank]

NPV of a project (which in this case is more or less the same as the company) is essentially a calculation of what the company is worth today by looking at future cash flow and discounting it (money in 10 years is worth less than money tomorrow because of interest, opportunity cost, etc). As you move forward from building to construction the focus is more on how well they are delivering that