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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 > New 52 Week Low if Mining Plan is Not Revealed by November
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Post by MarcusAurelius on Nov 11, 2014 4:25pm

New 52 Week Low if Mining Plan is Not Revealed by November

If the mining plan is not revealed next week this could get really ugly. Woulfe's stock price is barely hanging on by a thread. The bottom could drop out from under the stock price if the company does not reveal the long anticipated mining plan by the end of November. Perhaps shareholders & creditors are waiting for the next press release to dump more shares again. This could get ugly either way. The four month hold is almost up for Woulfe's creditors who were given shares in exchange for work completed or funds to pay off company debt and bills. Once the 4 month holding period is over they will be free to dump millions of shares in the open market which could drastically drive down the stock price. I'm expecting .02 or .03 share price in the near future.
Comment by chizzles on Nov 11, 2014 5:32pm
I hate saying this but I agree with you 100% Marcus. Chizzles
Comment by devon on Nov 11, 2014 9:03pm
My worry is that if the mining plan is not revealed .02 may be far too high more likely .002 might be closer to reality,I don't understand why such a a fear should exsist.The woulf story sounds so good why this stock is so low is beyond me.
Comment by GaiusGermanicus on Nov 12, 2014 1:16am
Worse, after December 3rd and to some extent the 13th it'll have been a year since the OTC got a financial report from Woulfe, moving it from the OTC Pink sheets to the Greys, or stocks are that considered essentially worthless. It'll still trade, it's just that until Woulfe makes some sort of formal filing with the OTC they're going to be basically the stock equivilent of " ...more  
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