Post by
StockExpertPro on May 18, 2014 12:40pm
Woulfe Mining Company Update
Based on the most recent company update. I'm trying to figure out why management continues to hand out shares of Woulfe stock like pieces of candy at a measly .10 cents per share. Based on the recent company update the company is paying off some debt with shares but that seems really ignorant to pay off debt with shares when the stock price is only .10 cents per share currently. Why didn't the new CEO wait until after the drill results came back to pay off company debt with shares of Woulfe stock? If decent drill results come back that could easily boost the stock price to over .20+ cents per share again. The majority of directors at this company seem to have dog sh*t for brains. I'm just calling it like it is. They took the website down for many months then finally put it back up and it's almost 100% identical to the previous website. There's nothing new on the company website. No new pictures of the tungsten project and no new company presentations. Why are the majority of Woulfe directors so lazy? Apparently the only Woulfe director who is doing his job correctly is Mr. Sang Bum Lee who's responsible for the oversight of work done at the tungsten mine and drilling program. Everyone else at the company is NOT pulling their weight and doing their jobs. They need to either resign or be fired. It's as simple as that.
Comment by
Adrammelech on May 18, 2014 3:38pm
And how should the drill teams and assayers get paid? Monopoly money? I guess we will see if they were smart enough to go for highgrade locations in the first set of results... GLTA Longs Adrammelech