Woulfe Mining Corp WFEMF

Insider

[TELEMARKER]

Apr 26/13	Apr 22/13	Dundee Corporation	Direct Ownership	Common Shares	10 - Acquisition in the public market	3,528,000	$0.280
Jan 3/13	Jan 1/13	Dundee Corporation	Indirect Ownership	Warrants	46 - Compensation for services	1,057,500

[wealthy123]

Please can someone explain how Dundee bought 3.5 million shares in the public market at 28 cents when the share price on that day did not go above 21 cents!!!!!!

[Flow23]

An Insider is buying million of share  for more than 30% over market price, please find me a play with a better risk-reward ratio. Would buy more but anti-diversification is at the limited for my portfolio...

[Hopfenschlingel]

Crosstrade>

[wealthy123]

NO I DO NOT THINK SO. NORMALLY A CROSSTRADE IS NOT AT A 33%+ PREMIUM TO MARKET PRICE AND IS DONE ON THE OPEN MARKET. I CANNOT SEE THIS TRADE ON ANY EXCHANGE.

[ark88]

Yes,s this is highly unusual. A cross at a premium to the trading range of the day is not only unusal, but could be considered 'manipulation' particularly in the states. The SEC considers such things as a major no no.

[Raptor7]

Gotta be a mistake. Before a cross can be executed on the open markets, it seems all bids or asks that stand in the way of this cross taking place at the agreed to price have to be cleaned out before completing the cross. This clearly never occurredon April 22 so I conclude that either the date is wrong or this was not executed on the open markets as the declared trade suggests.

[Segusmundo]

Earlier, Telemarker kindly posted the following record of Dundee's recent acquisition of more than 3.5 shares of Woulfe at .28 cents a share, and an additional million in warrants for future stock purchases:  Apr 26/13 Apr 22/13 Dundee Corporation Direct Ownership Common Shares 10 - Acquisition in the public market 3

[kilgor]

Well said Seg.

[easybuxx]

thanks for your opinion seg, much appreciated! have a nice weekend and greetings from Belgium.