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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 > Woulfe Mining Share Structure
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Post by StockExpertPro on Sep 16, 2013 8:19pm

Woulfe Mining Share Structure

Expecting a Korea Zinc update next week concerning Korea Zinc's right to exercise a participation in relation to the Offering.
 I bet Korea Zinc raised hell with the WOF board of directors over this latest offering. Now Korea Zinc wants a piece of the pie. 
It's good to see that other major shareholders are watching this closely like Korea Zinc to make sure WOF management is on the up and up.

The WOF board of directors will need to get a grip on the share structure in the near future.
They should keep the share structure under 400 million outstanding shares to ensure shareholder value remains strong. Everyone invested expects high returns due to the amount of risk they have been exposed to on this. 
 
"The Company expects to provide an update concerning the exercise of Korea Zinc
Co Ltd.'s right to exercise a participation right in relation to the Offering,
as announced on September 9, 2013, mid-late next week."
Comment by guerreiro on Sep 16, 2013 10:16pm
Thanks StockExpertPro for your contribution to this board, indeed you always bring out some excellent logic points and I agree. Such move by Korea Zinc implies that they see a great opportunity for profit and they also see the Mine re-opening being on target and profitable. In terms of IMC's financing being so slow. If you recall, how long did it  take for Warren Buffett Berkshire ...more  
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