Post by
abc111 on Oct 08, 2014 2:14pm
To all looong suffering Woulfe longs......
note: This was written last night.
Okay folks, can imagine how most of you are as disappointed and disgusted as I am.
I'm sorry that we as shareholders have been sooo mistreated. As you noticed I've not been posting much but have been following this board very closely.
I'm about to tell you what I learned when I called the mine in September.
I withheld this info till today to give the management a chance to inform us, but as we know now they didn't, so now it's fair for me to share this info with you folks.
Was hoping they report the change in the MPR.
Nothing earth shattering, but, Mr. Sang Bum Lee is no longer overseeing the mine at the site and he's been resigned (was told when asked).
Mr. Sang Chul Sohn has been replaced and has been managing the mine since ???.....don't know when.....my guess is early Sep. but could be much before that.
Hence my question to Marcus a few days ago when he shared his findings on this board.
Marcus, if you are reading this, are you sure the one you talked to was Mr. Lee and not the assistant manager Mr. Choi or indeed Mr. Sohn?
When I first learned, "what??? this is not good" and was quite baffled as to why and why haven't we heard from the management........
And today, after reading what HAWK posted a little while ago about Mr. Lee's quotes, maybe there was some sort of conflicts between them........that's jmo.
So disappointed in the management of transparency and communication to the shareholders.
GL to all of us that are sticking with this project (not the management) despite all the ill attempts made and prob more to come by current upper management!
Comment by
MarcusAurelius on Oct 08, 2014 3:13pm
Perhaps the CEO Michel Gaucher fired Sang Bum Lee and made an example out of him because he was not getting the job done at the Sangdong tungsten mine. If that's the case then I applaud Woulfe's CEO for staying on top of the situation at the tungsten mine.