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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 > Time for Justice!
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Post by metalguy1010 on Mar 04, 2014 12:36pm

Time for Justice!

Ned's resignation was not his choice. He had to resign to free him from encumbrance associated with his fiduciary duty as Woulfe director. Had he truly acted in the best interest of Woulfe by putting best efforts in soliciting better financing deal thru other investors or IMC, he wouldn't have to resign. Have you all forgotten the funny incident of him resigning right before 1 mil. financing (solely underwritten by Dundee) and rushing back after the closing last year? The same reason!!! What a joke!!! Come on, shareholders. It is time for justice! Pick up the phone to your broker and give instruction to vote "against" on the Mar. 7 EGM agenda!!! It's time to tell them we won't be screwed any more.
Comment by GaiusGermanicus on Mar 04, 2014 12:47pm
Already did that myself through the proxy website.  There is no reason for preferred stock at all, and no reason to give Dundee extraordinary powers.  For that matter changing what exchange we're listed on should have been on that ballot as well.
Comment by metalguy1010 on Mar 04, 2014 1:06pm
Gaius, Totally agree! Switch to other exchange is such a material issue to all shareholders and must be asked for approval. It is particularly the case when the new exchage is Ned's backyard with 1/3 ownership and an executive position. Another case of complete ignorance of minority shareholders!!!
Comment by steamerlane on Mar 04, 2014 12:48pm
Who is screwed?Please explain how this has or is happening,oh wait,I know,Ned is getting free shares,so he is a bad guy.I shouldn't forget to add that,dilution is here also,except I know better than to believe the same old"pinksheet" company inference,that has been harped on for numerous years,by those with some personal agenda in mind.
Comment by GaiusOctavius on Mar 04, 2014 1:00pm
Dear Uncle Ned, You did a bad bad thing!
Comment by patient101 on Mar 04, 2014 2:20pm
I own 100,000 (not much i know), but i voted no to both choices.  As you guys say, maybe our voice might make a difference.  I just hope that we get some forward movement at some point.  If Ned Goodman and Warren Buffet's company still are in, then i will stick around, but i hate to see us selling ourselves too cheap.
Comment by kilgor on Mar 04, 2014 2:09pm
Well metalguy, in my opinion, Ned resigned because he doesn't have to focus on Wof anymore because he already has all his duck lined up in a row and his minions in place on the board. Thus his presence is no longer required.  This frees his time up to focus on other things or targets.
Comment by chizzles on Mar 04, 2014 5:24pm
I agree 100% with you Kilgor..
Comment by Adrammelech on Mar 04, 2014 5:56pm
Ned resigned from like 10 boards, it was in a Dundee news release 1 day before the transition. I think Ned is slowing down from everything now so Mark is really the real Goodman now for little plays. The thing is for this to go through the majority of shareholders would need to approve which must already be the case. Ned obviously told them what is going down because how could someone with such a ...more  
Comment by Import1 on Mar 05, 2014 12:13am
It has been a loooong time since I have posted on any bullboard. I'm still around and still recovering from the uranium sector meltdown. Anyways, I hope all remaining shareholders get Justice with WOF! I felt the need to chime in here and give my views as previously I had/have been an avid supporter of WOF as I believe the company has the goods! Unfortunately the past 1.5 years have reeked ...more  
Comment by ahrg on Mar 05, 2014 3:39am
Great post. Unfortunately you have some very valid points. I'm surprised being a long term holder like myself for several long years you are choosing to bail out right at this good/bad precipice of change in the company.. I have so much investment fatigue with WOF I’ve turned belligerent -in that I’d rather see my shares sink to 0 value than sell at this price.
Comment by $HAWK on Mar 05, 2014 5:31am
On a positive note: ;IMC are giving WOF BOD till the 2014 year end to achieve a leval of success or get lost, I have posted before in the past that WOF's problem is Marleau/Constable who continue to have no skin in this stock but have resposible positions, I thought that with the addition of NG that situation would improve, so we now have Mark Goodman and that would not have happened if there ...more  
Comment by chizzles on Mar 05, 2014 10:18am
Sorry to hear that you are gone Import. After all these years of waiting and at these cheap prices, I'm kind of surprised that you are leaving now but I also understand. The good that I take from you selling 316k is that one of my concerns over the last while was that insiders could be "secretly" selling but a few of you lately have mentioned that you have sold and 316k is a large ...more  
Comment by tradercarib2 on Mar 05, 2014 10:43am
Import 1: Thank you for sharing your closure with us. Rewards could be huge here, but that unfortunatly has to be coupled with burdening the equivalent 'risk' associated with it. We are all gambling here in light of the limited information available to the shareholders as of date and is why the share price is so low now; it's what the 'street' thinks its worth, and I am ...more