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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 > Tungsten Carbide Drill Bits Contaminated Drilling Results?
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Post by GaiusOctavius on Jun 26, 2014 2:47pm

Tungsten Carbide Drill Bits Contaminated Drilling Results?

Think about this for a minute folks. Ask yourselves why on Earth would Woulfe need to redo their drilling program with diamond tipped drill bits. Things could get really ugly if that's the case. The tungsten mine was open for over 40 years before it closed. For all we know the Sangdong mine was depleted of high grade tungsten reserves. It's pretty obvious that the first drilling program results were contaminated from tungsten carbide drill bits. The previous CEO Brian Wesson was known for trying to take short cuts. Rumor has it that the lower half of the mine is completely flooded. Plus the mine could be getting dangerously close to the center of that mountain. Underground mining has many risks associated with it.
Comment by GaiusOctavius on Jun 26, 2014 2:50pm
Comment by groommuchoma on Jun 26, 2014 2:55pm
This post has been removed in accordance with Community Policy
Comment by Adrammelech on Jun 26, 2014 2:56pm
Ok Stockexpertpro, I think you should stick with business school or whatever you do (stocks aren't your thing). The bottom half of the mine has been flooded for years and that is where the bulk of the moly is but that is about 15 years away. the rest you speak is weak and senseless. The point of the drilling is to make sure the Korean block model is correct so the proper mining method and ...more  
Comment by StockExpertPro on Jun 26, 2014 3:10pm
The Woulfe Mining update mentioned diamond tipped drill bits several times in order to better define the resource. Perhaps the previous CEO Brian Wesson was sloppy. I think the original drilling program results were contaminated from tungsten carbide drill bits. If that's the reason the company is completing a new drilling program. Why would the previous Woulfe management team use tungsten ...more