Post by
StockExpertPro on Jan 24, 2014 12:01pm
Woulfe could become a MAJOR over the next decade
Quote: "If played right, Woulfe could become a MAJOR over the next decade and beyond, but they've got to get this Sangdong Mine running first! Advice (if you are willing to take it): 'Be like Warren Buffett or Ned Goodman', build a large position, then sit for a long time." I think this is sound advice.
Comment by
JCMO2013 on Jan 24, 2014 12:06pm
I would ignore any quotes from SEPro.
Comment by
gamethrones on Jan 24, 2014 12:18pm
NTC biggest tungsten producer, lost +$30million..good luck with this
Comment by
StockExpertPro on Jan 24, 2014 12:29pm
If NTC goes bankrupt then Woulfe Mining will become the main tungsten producer outside of China. The reason North America Tungsten lost $30 million is because of the high costs of Canadian labor and high expenses when running a mining operation in Canada. That is not the case in South Korea because labor is cheap. South Korea is a technologically advanced country with low taxes.
Comment by
steamerlane on Jan 24, 2014 12:53pm
It is obvious that if NTC fails,then WOF benefits.