Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 > Be careful what we wish for?
View:
Post by chrisp6712 on Feb 11, 2015 5:40pm

Be careful what we wish for?

Most stockholders are pissed off about the low-ball offer for woulfe. What happens if the deal doesn't go through and IMC won't give woulfe a loan? Bancruptcy? I figure woulfe is worth at least .18 US right now but we are in a tough spot and will have to take we we can get. If the deal doesn't go through, the share price will probably go down to .02-.03.
It sucks.
Comment by chizzles on Feb 11, 2015 6:12pm
I have posted the same thing in the past, I am afraid that the alternative is worse. Chizzles
Comment by cult_of_frank on Feb 11, 2015 6:13pm
On the strength of the FS alone we went jumping up to 10 cents and may well have gone higher had the next day not started with the merger announcement. Due diligence on the management's part should not simply be investigating Almonty but also: 1) Talking with banks about debt financing of mine development based on feasibility 2) Talking with IMC about their commitment 3) Looking at all other ...more