Woulfe Mining Corp WFEMF

Billionaires Cornering the Tungsten Market

[StockExpertPro]

A simple explanation of why multiple billionaires like Ned Goodman & Warren Buffett are interested in Woulfe Mining. Their trying to corner the tungsten market in my opinion. Savvy billionaires are good at this and they love to corner the market of a particular stock, commodity, or other asset  when possible.

https://en.wikipedia.org/wiki/Corner_the_market

[TELEMARKER]

There are more than 20 tungsten deposits that are looking at being developed. Australia, China, Russia, Spain, UK, Canada, US, South Korea, Vietnam etc. Inbox me if you a list. How many that will see light of day remains to be seen. China is still dominant producer now and for long time to come. All imo.

[monti80]

Good post Telemarker. That is what most people on this board do not realize. China can do what ever it wants to do. They control the market and so the price. If china wants a market of 100 bucks a tonne that will happen. The tungsten market is still very risky in my opinion. And that is also what i critizize on Brian Wesson. He is playing with wrong numbers. Even more it would have been important

[kilgor]

Do you actually believe the craap you spew? "5-way bidding war"....... "Goodman & Warren cornering the market?" Stop dreaming and stick to the facts. Only present NEW FACTS not mentioned on this board, and refrain from spewing your regurgitated verbage.

[StockExpertPro]

Very few of those rinky-dink tungsten junior miners will be successful. Many of their tungsten projects will never see the light of day and if they do the majority of them will lose money and go bankrupt. That is why Woulfe Mining is receiving a lot of attention from billionaire investors like Warren Buffett and Ned Goodman etc. They know Woulfe Mining's Sangdong tungsten mine 

[AAA-1]

it is a  no brainer!  common sense!  and thanks to Ned Goodman realizing this relality when he did!

[kilgor]

Much better.....  In stating your opinion and backing them up with facts in how you interprete them is for the greater good of the board. It give opportunity for other to refute your argument or educate them by increase their knowledge. In the end everyone is a little better off. (JMHO)

[billlc]

...Glad to hear from you TELEMARKER. You mentioned Woulfe some time ago on the Largo board which led me to become a Woulfe shareholder. Largo's Northern Dancer project has WO% of about .11 in the Great White North whereas WOF has about .45 in a slightly warmer place (I was in Korea on the DMZ in the Army). Of the twenty odd other tungsten deposits you mention can you mention those with better

[StockExpertPro]

Okay! The Facts: 1. Billionaire Mining Hall of Famer Ned Goodman currently is on the Woulfe Mining Board of directors. https://mininghalloffame.ca/inductees/2011-2014/ned_goodman 2. Warren Buffett's Company IMC which is a subsidiary of Berkshire Hathaway is currently in negotiations to Finalize the off take deal & joint venture partnership. https://watch.bnn.ca/#clip822445 3

[TELEMARKER]

Future price of tungsten is unknown and so is the profitability of Sangdong. Even is 1/4 of the known deposits are developed this will add to supply and affect W pricing.  Also deposits in China and Russia do not necessarily have to operate at a profit. Sangdong will have to make a profit over the long haul. Lots of risk here  

[ark88]

Future price of tungsten is unknown and so is the profitability of Sangdong. Even is 1/4 of the known deposits are developed this will add to supply and affect W pricing.  Also deposits in China and Russia do not necessarily have to operate at a profit. Sangdong will have to make a profit over the long haul. Lots of risk here   The logic here is simply irrefutable. Why even bother

[AAA-1]

  BUT,. with all due respect,  BUFFET and GOODMAN KNOW WHAT THE CHIT THEY ARE TALKING ABOUT.  and, from what I read, Tungsten is a RARE element, NOT a widespread one!    

[StockExpertPro]

Wrong again my friend! The future price of tungsten will rise based on this. $123,000,000,000,000* *China’s estimated economy by the year 2040. Be warned.   https://www.foreignpolicy.com/articles/2010/01/04/123000000000000 World GDP is rapidly climbing. Besides a slight dip around 2008-2009. Tungsten demand continues to grow. According to the statistics the World GDP remains strong and is