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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 > There I was happily accumulating . . .
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Post by GaiusGermanicus on Oct 24, 2013 4:50pm

There I was happily accumulating . . .

Trying to make up for the  dilution under my average when BAM someone slammed the door in the face of my pathetic bids  . . . with, as far as I can tell, no news . . . 

Did something substantiative happen over the last five or six days and I just blinked and missed it?

Or did ONE person decided to buy a few hundred thousand shares and set the entire price balance on its head for awhile?  So what happens if someone wades into the wishing well and tries to pull a few hundred thousand shares OUT?
Comment by Profit79 on Oct 24, 2013 5:41pm
Ive been in this a looooong time. Ive seen the price go up and down for no reason at all. Im frustrated, although still holding, but feel that management is doing an INCREDIBLY POOR JOB AT KEEPING SHAREHOLDERS IN THE LOOP. We went from cheering about a potential berkshire hathaway takeover agreement to no news, no timeline, no perceivable end in sight. I believe in the fundamentals of ...more  
Comment by Adrammelech on Oct 24, 2013 6:03pm
Has anyone else read the MD&A? The firm date is Feb 26th next year for action. A couple of interesting things that explain what is going to go down here. Reason for holdup: When Brian left, the new bosses went and had the mine design layout re-evaluated to confirm that the strategy of mining was correct (means Wesson had issues..) and this is just about finished which is the reason holding up ...more  
Comment by ark88 on Oct 25, 2013 9:56am
Couple items of note from the MD&A. The Company workforce at site increased to over 40 with the majority being residents of the nearby Sangdong village. The Company is now the major employer in the region and has recently received an award for community contribution. Going forward, there are two key objectives:   1. With the feasibility study and initial detail design complete,  ...more  
Comment by ark88 on Oct 25, 2013 10:04am
Yes, Feb 26th, the maturity date for the loans from IMC is the critical date. On a lesser note, almost one half of the total warrants outstanding (13 mil. @$0.30) expires on August 31, 2014. Aren't these warrants held by Insiders? Dundee, KZ et al and the terms of these warrants were set by themselves. If they let this slide by, they would be leaving potentially a lot of money on the table.
Comment by ABCD123 on Oct 25, 2013 2:01pm
This post has been removed in accordance with Community Policy
Comment by chizzles on Oct 24, 2013 7:01pm
Gaius, I think the "news" the last few days was the fourth insider, David Constable (along with Dundee, Korea Zinc and John Icke), all buying huge amounts of Woulfe stock. They are getting a great deal on their shares, but still spending huge amounts of money on purchasing Woulfe shares. Their hasn't been any insider buying since April and now about 30 mil shares, just in the past ...more  
Comment by tradercarib2 on Oct 29, 2013 11:49am
As you were Gaius.
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