Woulfe Mining Corp WFEMF

News from South Korea...

[geologyfella]

about an hour ago.

https://www.newsis.com/ar_detail/view.html?ar_id=NISX20130205_0011817500&cID=10805&pID=10800

Basically, there was much hoopla back in August 2012 about Sangdong starting up again, now it's 2013 and haven't heard anything since November 2012... so that's the locals concern mentioned in the article.

Then, at the end it mentions, taking time to finalise with the BANK as it is needed to build the processing plant to be in line with the mining that has started and that's about it.

Getting the impression that locals, perhaps local governing body(ies) are adding pressure to Shinhan to speed things up or whatever....

Good news about Mr. Goodman joining, he's quite the man for getting things done in mining/investment circles...

Hey wouldn't it be interesting if Dundee took control of the reigns and went ahead and developed this thing on their own, without a bank.... just saying.

Cheers,

GLTA LONGS

[HillsboroughMan]

It mentions the Lunar New Year so I will be waiting for news after the 11th but definitely not sooner.

[Majormac79]

Hey wouldn't it be interesting if Dundee took control of the reigns and went ahead and developed this thing on their own, without a bank.... just saying. Geologyfella does Dundee have any history of doing that because that is basically them buying the sangdong mine or woulfe?

[wolfry1]

Dundee Precious Metals (Resource Segment) of Dundee Corp may get into the fray ..!!! Corporate Objective and Strategy DPM’s business objectives are to identify, acquire, finance, develop and operate low cost, long life mining properties.

[geologyfella]

Yes.   Oh, and the issue is not with Woulfe / IMC as others have mentioned.... It is with the bank.   But what do I know, right?   That's all. Cheers.   GLTA LONGS p.s.  As mentioned in previous posts... news by March, 2013... (see previous timeline posts)