Woulfe Mining Corp WFEMF

Woulfe Mining - Lack of Backbone and Leadership

[GaiusOctavius]

I'm a little concerned about the lack of backbone from other major shareholders such as Korea Zinc, Colonial First State and Resinco/ John Icke. Seems "EXTREMELY FOOLISH" of them to allow Dundee to continue to these lowball private placements. They could have bought a few million shares of Woulfe Mining on the open market for pocket change. That would have bumped the stock price back up to around .20 cents per share. They must enjoy being ripped off or have poor management similar to Woulfe. Goodman and the Woulfe Mining Board of Directors seem to lack backbone when dealing with IMC and the bank. This could also become a major problem once the work program is finally completed. IMC should have been required to provide the $6 million for the work program. A good example to compare Woulfe to is North American Tungsten. NTC recently completed a $9 million private placement with better terms than Woulfe's private placement. The NTC stock price is only around .08 cents per share. Stockwatch North American Tungsten debenture private placement 2014-03-20 20:00 ET - Private Placement - Debenture The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Dec. 31, 2013. Convertible debenture: $9-million (U.S.) Conversion price: Convertible into 79,787,234 common shares at 12 Canadian cents using a fixed conversion rate of $1 (Canadian) to 94 U.S. cents Maturity date: Dec. 31, 2015 Interest rate: 11 per cent per year Number of placees: 10 placees Insiders: Ronald Erickson, $500,000; Kurt Heikkila and Beth Heikkila, $200,000; Dennis Lindahl, $50,000; Queenwood Capital Partners LLC (Ronald Erickson and Kurt Heikkila), $500,000; Queenwood Capital Partners II LLC (Ronald Erickson and Kurt Heikkila), $6.3-million Read more at https://www.stockhouse.com/companies/bullboard/v.ntc/north-american-tungsten-corporation-ltd#fPsF9hce9R82rV9U.99

[steamerlane]

My oh my,these institutional investors,including Dundee,don't have a backbone,and are clueless when dealing with financing/investing....this is according to what I have read on a message board,from someone who apparently has inside information,and knows exactly what the details are surrounding meetings that have occurred behind closed doors,between any parties interested in the future of

[yyzflex]

FYI Steamerlane:  I take EVERYTHING mentioned here to the letter and follow it as closely as possible!!!  How dare you say that our majority shareholders just may know slightly more than the average Joe here on Stockhouse Bull(c r a p)boards!!!! Ahem, good day to you sir, ahem, ahem, nudge, wink, nudge! LOL!!!!

[$HAWK]

Gaius:  Very good blog revealing reality for WOF but the BOD because of weak leadership keep this investment in a wannabee situation.   The promise or mention of a webpage was a positive but as of now ,still not fullfilled, that action alone could have helped the SP by ,02 and stimulated interest for additional investing.    I have been away and now see that we actually have