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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 > Level 2 Depth Display is Very Thin on WOF
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Post by GaiusOctavius on May 20, 2014 8:39am

Level 2 Depth Display is Very Thin on WOF

WOF's price per share could easily go parabolic up to $1.22+ Now's the time to buy CHEAP shares before this explodes. https://www.thecse.com/CNSX/Securities/Mining/Woulfe-Mining-Corp.aspx
Comment by guerreiro on May 20, 2014 2:17pm
GaiusOctavius good point; such disconnect between the price of the shares and the value of WOF. Yes; there appears to be a big picture with a purpose, one would only have to view the long term activity by the market maker believed to be Anonymous constantly on the Bid and Anonymous constantly on the Ask and holding the WOF stock at, .09 .10 / .11 cents for a purpose. So fur the big ...more  
Comment by Adrammelech on May 21, 2014 2:40pm
I guess this is more a statement to flush out who would be selling now when they shouldn't. If you guys look at the level 2 from the CSX it is only 18000 shares from flushing out the .12 and .13 and then the gap is to .27. What I recommend is that none of us sell now to see what happens. If there is a little "manipulation" by a bigger party then we will be able to tell by the next ...more  
Comment by guerreiro on May 21, 2014 6:12pm
Good point Adrammetech. Would this mysterious of holding the stock back be a preparation for a Rollback???, to increase their control. For instance, a typical RTO may be an offer to shareholders of a ten-for-one rollback, which means they can get one share for every ten they own. Thus a company with 400 Million shares like  WOF  would end up with 40 Million shares and prices should ...more  
Comment by chizzles on May 21, 2014 6:57pm
Hope you're wrong Guerreiro. Rollbacks never work in our favour. I think that this can eventually go to 2-3 dollars without a rollback. The equivelent at a 10-1 would mean that the SP would have to go to 20-30 dollars per share after the rollback. Very unlikely in my opinion. Chizzles
Comment by Zynfandel on May 21, 2014 7:20pm
I agree with you chizzles. A rollback would be a complete disaster. I don't see any good reason for WOF to go that path... Zyn
Comment by Adrammelech on May 22, 2014 10:11am
I have to state the same.. Rollback is a dirty dirty word and I knew it was a risk even years ago with Woulfe but when the original drill programs came out I thought we might have been out the woods with that. Here is the question which I do not have time to look at right now. What is the new average cost of shares that Dundee owns? I know there were heavy inputs near .20 and some low almost ...more  
Comment by Markidesad on May 22, 2014 12:51pm
You call it Roll Back, I guess it's the same as a Reverse Split. The only R.S. I've actually known  in my port is that of CDE ( CDM ) some years ago. In fact it had a positive impact on the SP afterwards. Of course it could have been an exeption. Just hope the direction of WFEMF doesn't look that way to seem more powerfull, it is just a bookkeeper or accountant's trick.
Comment by Adrammelech on May 22, 2014 1:12pm
In junior stocks a rollback occurs quite often and I have been victim to quite a few lately, RRS is the only one where it really hurt me because I tend to get in ultra early. The others have all gone down though and I do not like the idea for WOF. Sinister idea (for dilution) and an easy takeover by Dundee using RIN as an example: ie: RIN has 30million shares approx Rollback 100:1 means RIN owns ...more