WOULFE MINING CORP. ("WOF") - News, Fragen, Bewertung uvm. - 500 Beiträge pro Seite (Seite 2)

[Retto]

Zitat von volvocb: Kim Jong Un machte in seiner Ansprache keine Ankündigungen, keine Versprechen, keine neuen Drohungen. Er wiederholte nur, was die Propaganda längst verbreitet hat. Er sagte es bloß etwas milder. Eigentlich war seine Rede gar keine politische Rede. In seiner weichen Stimme las Kim einen Text abgenutzter Propagandafloskeln ab: Friede sei wertvoll für Nordkorea, dass er die Versorgung seiner Bevölkerung verbessern wolle, hieß es darin, 'aber die Würde und Selbständigkeit unserer Nation ist wertvoller'.

Andererseits sagte Kim, es breche ihm das Herz, dass die beiden Koreas immer noch geteilt seien. Sein Regime werde 'mit jedem verhandeln, der ernsthaft die Wiedervereinigung anstrebt'.
Quelle:http://www.sueddeutsche.de/Z5N386/572604/Erste-Rede-des-Dikt…

das klingt zumindest so als wenn er da auf entspannung aus ist und das ist sehr viel wert

[volvocb]

China Tungsten Industry Report, 2012
Dallas, TX -- (SBWIRE) -- 04/16/2012 --

The wide application of touch screen technology in such electronics as smart phones and tablet PCs boosts the demand for tungsten, and the exploitation of tungsten is circumscribed in many countries, as a result, there is acute conflict between tungsten supply and demand, the prices of tungsten products kept rising in 2010-2011 and still remained high in Q1 2012 though fell slightly.

China, the country with the richest tungsten resources in the world, holds 65% of the global tungsten ore reserves and accounts for around 85% of the global tungsten ore supply. In 2011, China’s output of tungsten ore concentrates (WO3 65%) hit all-time record high of 135,700 tons, up 4.60% over 2010. Restricted by the limited new exploited resources and the policies concerning total exploration amount control and export quotas, China’s output of tungsten ores will witness little scope for growth in the coming years and the global tungsten market will present tight supply.

In 2011, Jiangxi Province remained as the largest producer of tungsten ore concentrates in China with an output of 65,830 tons, accounting for 48.5% of national exploration amount, followed by Hunan Province with an output of 31,150 tons, which could be mainly attributed to their abundant tungsten ore resources together making up more than 50% of total tungsten ore reserves in China.

Jiangxi-based Chongyi Zhangyuan Tungsten Co., Ltd., Jiangxi Tungsten Industry Group Co., Ltd., Jiangxi Rare Earth and Rare Metals Tungsten Group Corporation and Jiangxi Xiushui Xianglushan Tungsten Co., Ltd., and Hunan-based Hunan Nonferrous Metals Holding Group Co., Ltd. and Hunan Chenzhou Mining Group Co., Ltd. are the major tungsten production and processing enterprises in China and have relatively complete industrial chain. In 2011, benefiting from the rising prices of tungsten products, these enterprises delivered robust performance. Meanwhile, the desire for profit and the constraints on tungsten ore resources have urged them to expand downwards the industry chain.

For instance, Chongyi Zhangyuan Tungsten began to carry out the technological transformation project of high-performance and high-precision coated tips since August 2011. The Phase I will complete installation and debugging in H2 2012 and start preliminary production in Q4 2012. It is estimated that the project will provide the company with 100 tons of cemented carbide tool capacity and RMB280 million of revenue upon full completion in 2014.

Xianglushan Tungsten possessed 10,000 tons of APT production capacity and added one tungsten oxide production line in 2011 and will establish workshop for cemented carbide micro-drills in 2012.

Hunan Nonferrous Metals has strengthened the R & D of cemented carbide products and invested in the technological transformation projects of high-performance ultra-fine grain cemented carbide production line and of special shaped cemented carbide & deep processing line to increase its market share in Chinese cemented carbide field.

This report covers the following:
- The reserves and distribution of global tungsten resources, and the supply & demand of global tungsten industry;
- The reserves and distribution of Chinese tungsten resources, and the supply & demand of Chinese tungsten industry;
- Annual indexes of China’s total tungsten exploration amount control and export quotas, and indexes allocated to enterprises and regions;
- Competition pattern of Chinese tungsten industry;
- The price changes of global and Chinese tungsten products;
- Import and export of major tungsten products in China;
- Operation of major tungsten production and processing enterprises in China, such as revenue and profit, capacity and output of tungsten ores, main mining resource and production enterprises and their tungsten product business development, etc.

Quelle:http://www.sbwire.com/press-releases/china-tungsten-industry…

[volvocb]

Antwort auf Beitrag Nr.: 43.050.676 von volvocb am 17.04.12 17:59:28

Woulfe Mining to release Sangdong FS on April 24

2012-04-17 09:29 ET - News Release

Mr. Brian Wesson reports

WOULFE MINING CORP. MOVING FORWARD IN SOUTH KOREA

Woulfe Mining Corp. is providing an update to shareholders.


The feasibility study is on schedule for release on Tuesday, April 24, 2012.
Sangdong is in discussion with prospective banks to obtain project financing. The debt financing is intended to provide all the necessary capital through the production with no dilution to existing shareholders.
The detail design drawings for the process plant have been completed and will be submitted to the appropriate Korean government authorities for final construction approval.
Woulfe welcomes Brian Burdett, project manager, on-site in Korea. Mr. Burdett is a metallurgist by training with an extensive 47-year background in tungsten and resources globally.
Sangdong has paid its contribution for the installation of two 10-megawatt power feeds to the minesite from different regional substations to allow for security of supply. The plan released by Korea Electric Power Corp. indicates the installation of the first 10 megawatts by October, 2012, and the second 10 megawatts by December, 2012.
Paste fill disposition and plant design were completed for reaching feasibility. The paste filling is important as it disposes of all tailings into the new and old voids behind mining of virgin blocks and reclamation, and stabilizes the mining areas which will be mined through a cut-and-fill method.
Resource drilling is continuing in the western block of the orebody 1,200 metres on strike from the main mine entrance. The eastern area of the upper section will be mined for the initial 12 years of operations.
Moody's upgraded South Korea from A1 to AA3 credit rating this month.
The ruling party in Korea has been re-elected with a vast majority in the congressional election held on the April 1, 2012. This is important for Woulfe as the government departments have worked with the company to move the project forward, visiting site and understanding all the parameters of mining.

Brian Wesson, chief executive officer of Woulfe, added: "We are now in a development phase and detail design is nearing completion at the Sangdong project. Woulfe is unique as we are completing our construction drawings in parallel with the feasibility study which allows us to move directly to construction. The company is well positioned with physical advantage in a low-risk, OECD country and we believe production from Sangdong in 2013 will bridge the current gap in the tungsten market. Woulfe is poised to move forward having a good asset and a large strategic partner that provides us with a great platform for success in our drive to be the world's largest tungsten producer outside China."

Background

Sangdong is one of the world's largest tungsten deposits with the longest history of supplying high-grade tungsten globally. Woulfe is bringing the project back to life using modern mining and processing technology. The project is unique as it will produce concentrates but also has a refinery to value add the product to be directly used by the tungsten manufacturing industry. The company's strategic partner IMC brings a strong balance sheet, process technology and a fixed market for 90 per cent of concentrate and refined product. It has taken Woulfe two years to bring the plan to final execution for shareholders when tungsten is above $40,000 per tonne.

We seek Safe Harbor.

Quell:http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-19477…

[volvocb]

Antwort auf Beitrag Nr.: 43.050.742 von volvocb am 17.04.12 18:08:16

Charts von Wof.

Der 5 Link (barchart), ist sehr gut für Anfänger und eilige!

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http://www.stockmarketstudio.com/InteractiveCharts.aspx?s=wo…

http://www.barchart.com/opinions/stocks/WOF.VN

http://www.finanzen100.de/aktien/woulfe-mining-wkn-a1cte1_H4…

[volvocb]

In the following brief excerpt from the METALS AND MINING Special Report, expert analysts discuss the outlook for the sector and for investors.

Brian Wesson, President and Chief Executive Officer of Woulfe Mining Corp., has been an Engineer for 30 years and has extensive experience in the operation, design and construction of mines and process plants. He is a Fellow of the Australian Institute of Mining and Metallurgy and the Australian Institute of Company Directors. Mr. Wesson holds an MBA.

TWST: What is Woulfe Mining Corp.?

Mr. Wesson: Woulfe is a TSX.V-listed company, trading as WOF. We, Westech, looked around the world for opportunities and we found significant assets in South Korea, which is a good, low-cost mining destination that is low risk with good fiscal policy. There are no royalties, no export tax, and obviously, being in Asia, there are many other advantages in inputs to production such as low power costs, labor efficiency and cost of construction - all far more cost efficient than the West. The two projects we have in South Korea, one is Sangdong tungsten/molybdenum mine that operated for 40 years and was the world's largest tungsten mine and remains one of the largest. The TSX.V-listed company went through a change in management and board after a refinance two years ago. A PEA was carried out for Sangdong in April 2010, which showed that the project had substantial value of $462 million at a tungsten price of $25,000 per ton. Given the value, Woulfe decided to move as quickly as possible to production. A mine development license was acquired in June 2010, which allows Woulfe to mine and produce metals at Sangdong. The license further allowed the company to reopen the old mine to drill the ore bodies from underground and assess the nature of the mineralization. The PEA determined that there was 103 million tons at 0.35% WO3 in resource. Two drilling campaigns have been completed that have confirmed an indicated resource of 16.5 million tons at 0.45% tungsten and an inferred resource of 19.6 million tons at 0.45% WO3 above the valley floor in the top 25% of the ore body. As we are mining above the valley floor, it makes for cost-effective bulk mining of the three 10 meter-high veins with a strike of 1.2 km. Current modeling indicates that the breakeven operating cost will be about $170 per MTU - $17,000 per ton tungsten - and today, the price is $440 per MTU - $44,000 per toe. This gives good margins and strong economics, reinforcing the need to develop the mine as quick as possible.

TWST: Would you give us an idea of what the background markets are in terms of pricing and demand?

Mr. Wesson: We just came out of gold two years ago. We went into gold when gold price was $300 per ounce and reopened and developed the Vatukoula mine over 18 months, which saw a doubling in gold price. Considering various commodities, we liked tungsten as it had been resilient during the financial crisis, but fundamentals were good for future growth to around $30,000 per ton. We took control in late 2009, when the price was $180 per MTU, which is $18,000 per ton. Most of the market is controlled by China. They supply around 80% of all tungsten into the market. So the price of the commodity is controlled by China, and it is high, and that's very advantageous to China. It is not in China's interest to allow the price to fall and China is reducing export quotas by 15% per annum, banning new mines in China, and tungsten export is taxed. China is focused on value adding all there raw materials, especially tungsten after it was made a strategic metal. The tightening of the non-Chinese market is putting pressure on the toolmakers to seek supply in the coming years.

The Wall Street Transcript is a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs and research analysts. This special issue is available by calling [phone] or via The Wall Street Transcript Online.

The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock

Quelle:http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…

[volvocb]

Tungsten APT European $ per mtu
Add to Portfolio.
MBWOEUFM:IND
387.50000
-45.00000 -10.40%

Wolram fällt stark!

Quelle:http://www.bloomberg.com/quote/MBWOEUFM:IND

[volvocb]

Corporate Presentation von April, ganz neu!

Quelle: http://www.woulfemining.com/s/Presentations.asp

Sangdong

Feasibility Study April 2012
•
Closing by end-June 2012 of CDM$35,000,000
•
Subsequent closing of Debt Financing
•
Commencement of Mining in Q2 2012
•
Completion of Concentrate Processing Plant by Q1 2013
•
Completion of APT Production Plant in Q2 2013

Muguk-Korea’s Largest Historical Gold Mine

Preliminary Economic Assessment due April 2012
•
January 2012 AMC prepared an NI43-101 report showing an Inferred Resource of 510,000 tonnes at 11.g/t (5 g/t cut off) with an average vein width of 1.2m (approximately 180,000 ounces).
•
The exploration target (historical face sampling that does not comply with NI43-101) for the gold is estimated to be 1.3-1.6Mt at 9-12 G/t Gold (target 376,000-617,000 ounces) cut off grade 5 g/t.
•
This report did not model any of the silver
•
The exploration target silver is estimated to be from 1.3 - 1.6 Mt at 55-65 g/t Ag (target 2.2Moz – 3.3Moz)
•
The focus of current work is the Three Brothers Vein which is one of nine known veins at the project
•
Potential to return to production within 18 months

[volvocb]

Antwort auf Beitrag Nr.: 43.062.482 von volvocb am 19.04.12 19:28:10

Woulfe estimates Sangdong NPV at $400.3-million (U.S.)

2012-04-23 09:08 ET - News Release
Mr. Brian Wesson reports

WOULFE MINING REPORTS NPV US$400M WITH 46% IRR SANGDONG FEASIBILITY

Woulfe Mining Corp. has released the results of a National Instrument 43-101-compliant feasibility study for its 100-per-cent-owned Sangdong mining project, located in South Korea.

Brian Wesson, CEO/President, commented, "This robust feasibility study marks a significant milestone in the development of the Sangdong tungsten project and sets in motion our strategic partnership with IMC and the finalising of the funding for the entire project, moving to production 2013."

Preface

TetraTech WEI Inc. (Tetra Tech) an independent engineering company with extensive experience in mining and tungsten conducted feasibility and have concluded as follows:-



-- NPV 8% US$400.3 Million
-- IRR 46%
-- Breakeven 2.2 years
-- Initial Capital US$151.3 Million (includes 7.5% contingency and capital
associated with stockpiling 200 Kt of pre-production ore)

......

Quelle:http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-19492…

[volvocb]

Antwort auf Beitrag Nr.: 43.076.672 von volvocb am 23.04.12 17:43:15

Tungsten APT European $ per mtu

380.00000 +2.50000 +++++++0.66%

[volvocb]

Antwort auf Beitrag Nr.: 43.088.125 von volvocb am 25.04.12 19:53:03

Warren Buffett invests $70.1 mn to reopen S. Korea’s tungsten mine
2012.04.24 14:06:17


The Sangdong Mines, located in Yeongwol-gun, Gangwon Province of South Korea, will be reopening 18 years since its closure in 1994 as Warren Buffett decides to invest in the strategic metal.

Gangwon Province, Yeongwol-gun, and Iscar Metalworking Companies (IMC) will be signing a memorandum of understanding (MOU) Wednesday for a C$70 million (Canadian dollars, 80 billion Korean won) investment, people familiar with the matter disclosed Tuesday.

Through this agreement, IMC will be acquiring shares of Sangdong Mining to obtain mining rights for the Sangdong Mines. The mined products will be used to produce tungsten powder and other related industrial products.

Tungsten is a core industrial metal used to make a wide variety of products including light bulb filaments, auto parts, weaponry, electronics, and golf clubs. Tungsten prices had taken a heavy blow in the past when China’s overproduction and exports resulted in global oversupply. As China starts conserving its strategic resources and switching to imports, however, tungsten values have floated up and it is now classified a key strategic metal alongside other rare earth metals.

The global market price of tungsten had dropped to $38 per 10 kilograms (kg) in 1994, but has since grown more than 12-folds to reach $450. This price recovery also greatly improved the economic feasibility of tungsten mining and production of other tungsten products.

The Sangdong Mines are estimated to hold a tungsten reserve of 103 million tons (t), which can sustain mining activities for the next 100 to 200 years.

Gangwon Province believes IMC’s investment will directly create eight million jobs and indirectly help settle 120 new local manufacturers as existing manufacturers relocate and new businesses sprout.


[Written by Hong-gu Jee - Samji Chung / edited by Soyoung Chung]

Quelle:http://news.mk.co.kr/newsRead.php?rss=Y&sc=30800006&year=201…

[volvocb]

Antwort auf Beitrag Nr.: 43.088.145 von volvocb am 25.04.12 19:56:09

24 Apr 2012

Woulfe sticks with molybdenum, bismuth mining plan at South Korea mine

SÃO PAULO (Metal-Pages) 24-Apr-12. Woulfe Mining says it will push ahead with plans to mine molybdenum and bismuth, despite cost figures not appearing in a feasibility study published on Monday for the Sandong tungsten mine.

Incomplete testwork on molybdenum and bismuth samples led executives to push on with publication of the already delayed study, said Woulfe CEO Brian Wesson, who expects them to be published in an update in the next three months.

“The thing makes good money the way it is and to get the numbers into the market was important,” Wesson told Metal-Pages.

As part of the ore body annual molybdenum production at Sandong is estimated at 600,000 lbs in addition to a 'few thousand tonnes' of bismuth, Wesson added.

Using Canadian costs the feasibility study put capital expenditure -- including contingencies -- at $151.3 million, though Wesson says the figure should fall when taking to account South Korean costs.

Production over an initial 11.5 year mine life was expected to start in the first quarter of 2013, but that could now slip back to the middle of next year, depending on the delivery of mill processing equipment, Wesson said.

Wesson previously said the mine could contain another 30 years worth of tungsten reserves, but that will now only be confirmed in a future update as drilling continues.

Sandong, previously hailed as the world’s largest tungsten mine, was closed in 1992 after 40 years when the bottom fell out prices of prices in the face of Chinese competition.

Once up and running at full capacity in June next year Sandong the site is expected to annually produce 4,000 tonnes of APT.

Tungsten APT is currently fetching $430-440/mtu in Europe, having reached $460-500/mtu in May 2011.

At the end of February Woulfe announced a deal with IMC International Metalworking Companies under which IMC will provide a C$5 million in loans Sangdong.

IMC -- 80% owned by US billionaire Warren Buffet’s Berkshire Hathaway -- has also agreed to acquire a 25% stake in Sangdong for C$35 million in cash.

At the same time, Woulfe and IMC have agreed to establish a Korean joint venture company owned 45% by Woulfe and 55% by IMC.

Woulfe will invest up to C$15.75 million and IMC C$19.25 million into the joint venture to build a tungsten processing plant buying concentrate from Sangdong to be turned into tungsten APT.

Bismuth min 99.99% price for 19 Apr 2012


Market


Price
10.20 - 11.00

Previous
10.10 - 11.00

Change
+0.47%


Metal prices


IMC agreed to make available to Woulfe a loan for Woulfe’s portion of the joint venture.

The APT joint venture has agreed to acquire no less than 90%, and up to 100%, of Sangdong’s tungsten concentrate production in relation to an off-take agreement guaranteed by IMC.

IMC has agreed to acquire between 90-100%, of the joint venture’s production under to a separate off-take deal.


Most, if not all of the material, will go mainly to South Korean toolmaking companies.

The Canadian dollar is close to parity with the US currency.

-By John Evans in São Paulo ([e-mail])

Quelle: http://www.metal-pages.com/news/story/61899/woulfe-sticks-wi…

[volvocb]

Antwort auf Beitrag Nr.: 43.088.156 von volvocb am 25.04.12 19:58:35

Media Coverage
April 24, 2012
Warren Buffett invests $70.1 mn to reopen S. Korea's tungsten mine
Publisher: Maeil Business Newspaper
Author: Hong-gu Jee - Samji Chung

mit Foto!

Quelle: http://www.woulfemining.com/s/MediaCoverage.asp

[volvocb]

Woulfe partner IMC to acquire 25% of Sangdong

2012-05-01 08:59 ET - News Release

Mr. Brian Wesson reports

WOULFE MINING STRATEGIC PARTNER IMC, SIGNED MOU WITH KOREAN GOVERNMENT ON DEVELOPMENT OF SANGDONG MINE

Woulfe Mining Corp. has provided an update to shareholders regarding developments within Korea that affect its 100-per-cent-owned Sangdong project.

As an extension of its agreements signed with Woulfe Mining on Feb. 29, 2012, IMC, a Warren Buffett company, entered into a memorandum of understanding with municipal governments in charge. The MOU executed on Wednesday, April 25, among the representative of IMC, the governor of Gangwon province and the mayor of Yeongwol county stipulates "close co-operation between IMC and relevant government authorities for the successful development of the Sangdong mine project."

According to the MOU, IMC will invest $70-million to acquire a 25-per-cent stake in the Sangdong mine and to build an APT (ammonium paratungstate) plant.

Gangwon and Yeongwol stated in the MOU, "In order for earlier recognition of IMC's investment effect, government authorities will fully support the project in the areas of permits, designation of foreign direct investment zone, building of roads and other infrastructure, as well as tax exemption, and will continue to attract corporations related to the project."

Brian Wesson, chief executive officer of Woulfe, commented: "This MOU between IMC and the relevant government authorities is of significant importance to us. It was following the definitive feasibility study released by Tetra Tech Co. a few days ago in which the NPV [net present value] of Sangdong mine for the first 11.5 years was assessed to be $400.5-million or 46-per-cent IRR [internal rate of return]. In addition to the IMC's investment, undivided support from relevant governments will assure the successful completion of the Sangdong project, and will help us achieve the targeted production of tungsten concentrate and APTs in mid-2013."

Quelle:http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-19535…

[volvocb]

Antwort auf Beitrag Nr.: 43.112.719 von volvocb am 02.05.12 20:55:42

Woulfe's Three Brothers resource at 289,000 ounces inf

2012-05-02 09:17 ET - News Release

Mr. Brian Wesson reports

WOULFE MINING'S' GOLD PROJECT RESOURCE INCREASE AND PROJECT ECONOMIC FOR DEVELOPMENT

Woulfe Mining Corp.'s Three Brothers vein (one of nine mineralized veins within the project area) inferred resource has increased to 900,000 tonnes grading 10 grams per tonne (g/t) gold at a cut-off of four g/t gold with a minimum mining width of 1.2 metres (approximately 289,000 ounces). The mineralization also contains silver, but silver has been excluded from the mineral resource estimate due to a lack of data, and was not modelled as part of the preliminary economic assessment (PEA).

Some areas of the vein that were previously considered not to have reasonable prospects of economic extraction are now considered to be potentially minable due to a revised access strategy that AMC Consultants has developed as part of the PEA. These additional areas have sufficient sample support to be included in the inferred resource. Additional production data from the period 1992 to 1996, demonstrate that the mined ore bulk density was generally 2.7 tonnes per cubic metre and this has been used in the current mineral resource estimate. This differs from the 3.5 tonnes per cubic metre originally stated by Woulfe, and the three tonnes per cubic metre used by AMC in the Jan. 10, 2012, release. AMC has also increased the cut-off grade from three g/t gold to four g/t gold to make it consistent with the PEA.

The main reasons for the difference to the inferred resource released on Jan. 10, 2012 are:


The proposed decline access strategy allows smaller and more dispersed packages of the resource to potentially be mined, relative to the original shaft access strategy. Addition of the smaller packages of the resource has increased the tonnage by 475,000 tonnes and decreased the grade by one g/t gold.
The bulk density has been changed from three tonnes per cubic metre to 2.7 tonnes per cubic metre. Decreasing the bulk density has decreased the tonnage by 90,000 tonnes, with no change in the gold grade.
The change in cut-off grade from three to four g/t gold. Increasing the cut-off grade has decreased the tonnage by 5,000 tonnes, with no significant change in the gold grade.

The net effect of these changes is to increase the tonnage and lower the grade of the inferred mineral resource relative to the Jan. 10, 2012, release, from 520,000 tonnes at 11 g/t gold to 900,000 tonnes at 10 g/t gold.

NB: AMC considered the economics of only one vein in the field of nine veins in the PEA. On this basis alone, the assessment indicated it is economic to reopen the field. The update of the inferred resource is principally a result of the PEA access method, and the increased inferred resource does not imply that the PEA requires updating.

The financial metrics of the project are summarized below:


Net present value (8 per cent discount rate): $31.8-million (U.S.)



Internal rate of return: 22 per cent



Gold price: $1,600 (U.S.)



Mine life: Seven years



Production rate: 145,000 tonnes per year



Average gold recovered per year: 26,000 ounces



Operating cost: $676 (U.S.) per ounce


Woulfe cautions that the PEA is preliminary in nature. It is based on an inferred mineral resource. Inferred resources are based on limited information, and grade continuity has been assumed, but not verified. Mineral resources are not mineral reserves and do not have demonstrated economic viability. There is no certainty that all or any part of the mineral resource that is the subject of the PEA will be converted into mineral reserve. No mineral reserves were estimated as part of the PEA.

Brian Wesson, chief executive officer of Woulfe, comments that AMC has assessed the economics of one vein of nine at Muguk and have shown that it is economic to open Muguk to unlock the upside potential in the Three Brothers vein on strike and downdip and in the other veins in the field. The company's recent focus has been the Sangdong project, which is moving forward into construction. Muguk will now be moved forward as the company's exploration staff is freed up from Sangdong and the permanent staff takes control. Sangdong now has 65 staff.

The AMC resource estimate has been reviewed and approved in the form and context in which it appears by Woulfe's geological adviser, Dr. Andrew Fowler, MAIG, MAusIMM, PhD, BSc, of AMC Consultants Pty. Ltd., and Woulfe's mining engineering adviser, Edward Gleeson, MAusIMM (CP), BEng (mining). Dr. Fowler and Mr. Gleeson have appropriate qualifications and sufficient relevant experience to qualify as qualified persons for the reporting of a mineral resource for the Three Brothers vein of the Muguk gold mine.

Quelle:http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-19541…

[volvocb]

Antwort auf Beitrag Nr.: 43.112.726 von volvocb am 02.05.12 20:57:14

BEIJING (Metal-Pages) 30-Apr-12. Chinese production of tungsten concentrates rose 25.0% to 30,737 tonnes in the first three months of 2012 compared with same period last year, according to the China Non-Ferrous Metals Industry Association (CNIA).

The main production areas in the January to March period were Jiangxi province with 15,646 tonnes, up 32.2%, and Hunan province where output rose 13.5% year-on-year to 7,234 tonnes.

Output in Henan province rose 26.5% to 3,495 tonnes between January and March, while Inner Mongolia province produced 1,372 tonnes of tungsten concentrates in the period, up 199.6%.

In March, China's tungsten concentrates production totalled 13,176 tonnes.

Quelle:http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…

Jetzt wissen wir u.a. warum der Tungsten Preis gefallen ist, China hat mehr geliefert.

[volvocb]

Woulfe Mining drills 13.1 m of 0.6% WO3 at Sangdong

2012-05-03 09:10 ET - News Release
Mr. Brian Wesson reports

WOULFE MINING REPORTS CONTINUED STRONG DRILL RESULTS FROM THE ONGOING SANGDONG DRILLING PROGRAM

Woulfe Mining Corp. has released assay results for samples associated with the drilling program at Sangdong. Drilling from underground locations at Sangdong is continuing, and the results will be used to progressively update the resource estimate.

This batch of assay results comprises 16 holes, of which nine were drilled from the Sangdong level and seven were drilled from raises between the Sangdong and 1 levels. Most were short holes of 30 to 50 metres length targeting the Footwall zones between the 1 level and the Taebaek level. Two were longer holes to test all three zones; however, both terminated at the Main zone after intersecting stoped-out areas.

Significant Footwall zone intersections include 13.1 metres true width at 0.6 per cent tungsten trioxide (WO3) (WSDD0096), including 4.5 metres true width at 0.85 per cent WO3, and 6.9 metres true width at 0.52 per cent WO3 (WSDD0105). One hole intersected the Hangingwall zone with an intersection of 7.3 metres true width at 0.35 per cent WO3 (WSDD0100).

The significant drilling results are summarized in the accompanying table.


FOOTWALL ZONES

Interval Length True width Grade Grade
Hole (m) (m) (m) (% WO3) (% MoS2)

WSDD0096
Intersection 12.0-29.5 17.5 13.1 0.60 0.12
Includes 12.5-18.5 6.0 4.5 0.85 0.08
Includes 27.0-29.5 2.5 1.9 1.46 0.01
WSDD0104
Intersection 9.0-13.5 4.5 4.2 0.68 0.04
WSDD0114
Intersection 2.0-6.5 4.5 4.2 0.58 0.08
WSDD0105
Intersection 15.0-23.5 8.5 6.9 0.52 0.28
WSDD0106
Intersection 14.5-21.0 6.5 4.7 0.48 0.10
Includes 14.5-17.5 3.0 2.2 0.74 0.01
Intersection 29.5-35.0 5.5 4.0 0.75 0.08


Significant drill intercepts, defined as any mineralization of one-metre lengths or longer, are presented in the table. A cut-off of 0.15 per cent WO3 was used for the intersection calculations.

The drilling program is targeting the unmined mineralization in the upper section of the mine above the current water level for mine planning and feasibility reserve estimation purposes. The resource for this section of the mine was re-estimated following the completion of 90 holes in the current drilling program, resulting in an indicated resource of 16.4 million tonnes at 0.45 per cent WO3 and 0.04 per cent molybdenum disulphide (MoS2) and an inferred resource of 19.4 million tonnes at 0.44 per cent WO3 and 0.05 per cent MoS2, at a cut-off of 0.15 per cent WO3. The resource below the valley floor is 34,519,000 tonnes at 0.47 per cent WO3 and 0.07 per cent MoS2 at a cut-off of 0.15 per cent WO3.

The samples are prepared on site in Korea to appropriate industry standards and sent to SGS Perth, Australia, for analysis. Samples are analyzed by inductively coupled plasma mass spectrometry (ICP) and for ore-grade quantities of specific elements by aqua regia or four-acid digestion followed by ICP analysis. Molybdenum is analyzed by X-ray fluorescence. The quality assurance/quality control protocol comprises the insertion of one standard, one blank (crushed glass) and one pulp duplicate in every batch of 20 samples. No quality assurance/quality control results are available as yet.

This news release has been reviewed and approved in the form and context in which it appears by Paul Gribble, FIMMM, CEng, of Tetra Tech Wardrop, who is working with Woulfe on the Sangdong studies. Mr. Gribble has appropriate qualifications and sufficient relevant experience to qualify as a qualified person for the reporting of exploration results and mineral resources for the Sangdong deposit.

We seek Safe Harbor.

Quelle:http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-19545…

[volvocb]

Antwort auf Beitrag Nr.: 43.124.727 von volvocb am 05.05.12 15:04:35

Tungsten Outside of ChinaThu, May 3, 2012


China’s grip on the tungsten market makes many people uneasy and there is a healthy appetite for supply from other sources. Given the positive demand and pricing for the metal in recent years, a number of companies have stepped up to answer the call for supply diversity. As investors increasingly catch wind of interest there are some things they should remember when adding these equities to their portfolios.


Before the new millennium, tungsten prices were depressed for a long period of time. Many place blame largely on China’s flooding of the market with metal that was so cheap it stamped out competition. However, after decades of a gloomy market environment, conditions began to look up. As prices have risen so has interest in the tungsten business.

Converting undeveloped tungsten projects into production sites is still a major challenge for reasons such as low grades and financing difficulties. Many miners have instead focused on redeveloping or expanding previous tungsten projects.

For example, EMC Metals (TSX:EMC) plans to restart operations at the Springer mine in the US. The company has said it spent over $20 million partially reconditioning the property between 2006 and 2008 and plans to do more work in Q2 2012, including developing detailed multi-year mining plans.

In Q1 2012, King Island Scheelite (ASX:KIS) completed the feasibility study and the purchase of key mine-related land for its Dolphin project in Australia.

Malaga (TSX:MLG,OTCQX:MLGAF), which successfully restarted the Pasto Bueno mine in Peru in 2006, has long said that demand substantially exceeds its ability to supply tungsten. As a source of additional production, the company recently announced plans to construct a pilot plant to process its tailings.

Where should investors focus their investments?

Wolf Minerals (ASX:WLF,LSE:WLFE) has a high-grade tungsten project, Hemerdon, in the UK that was mined and explored during the 20th century. The company has an offtake agreement with Traxys for the tin produced from the project and has signed offtake agreements with Global Tungsten & Powders (GTP) and Wolfram Bergbau und Hutten (WBH) for 80 percent of its tungsten. GTP and WBH are also set to provide the company with a £20 million loan facility.

Offtake agreements and other significant investments in tungsten projects outside of China are expected to continue. As tungsten creeps further toward mainstream awareness and miners continue to display optimism about the prospects in this space, investors may also consider scaling up their positions in the metal.

But just as the WBH and GTP loan deal is subject to due diligence, equity investments in miners engaged in tungsten projects outside of China are moves that should be thoughtfully made.

Below $250 investment dries up and some miners become uneconomic, according to Christopher Ecclestone, Principal and mining strategist at Hallgarten & Company.

Though international projects are set to increase the shares of tungsten produced outside of China, that nation will still be by far the predominant producer for quite some time. And therein lies the risk that the Chinese could manipulate prices to make projects or production elsewhere uneconomic.

Given that threat, investors should focus on costs, perhaps more closely than is necessary in other industries. At current prices some miners may appear far out of harm’s way. Still, investors should consider which companies could tough it out the longest if there was a sharp decline in prices.

Investors would also be wise to give preference to companies that have offtake agreements securing the sale of some or all of their production. Such agreements help to insulate miners and their investors against the risks of price declines.

Another reason to give special consideration to companies with offtake agreements is that these contracts may help them to overcome an important hurdle: obtaining financing. Advance sales can make miners appear more creditworthy.

Woulfe Mining (TSXV:WOF,OTCQX:WFEMF,FWB:OZ4) is in the the process of advancing its Sangdong tungsten-molybdenum project in South Korea, a mine with a production history of over 40 years prior to its closure in 1992. The company has entered into an attractive partnership with IMC, which is 80 percent owned by Berkshire Hathaway, and the deal includes an offtake agreement.

Woulfe believes this helps make it a more attractive candidate not only for investors, but also for financing.

“You reach a point in the project and you have to fund the big cash piece, which is providing the money to build the mine,” said Nick Smith, Manager of Investor Relations. “When you go to a bank and you say, ‘okay, this is how much it’s going to cost us to build’ and they say, ‘what is your projected income,’ there’s obviously a concern that you will not sell your product.”

A company with an offtake agreement has a much brighter outlook because as Smith points out, it can say its product is already sold.
Other companies outside of China

There are several other companies with projects outside of China including: Largo Resources (TSXV:LGO) with the Currias Novos tungsten project in Brazil; Happy Creek Minerals (TSXV:HPY) with the Fox tungsten-molybdenum property in British Columbia; Almonty Industries (TSXV:AII) with a focus on mining, processing and shipping tungsten concentrate from its Los Santos mine in Spain; Colt Resources (TSXV:GTP) with an advanced staged tungsten project, Armamar-Meda in north central Portugal; Playfair Mining (TSXV:PLY) with several tungsten projects in Canada and North American Tungsten (TSXV:NTC) with a producing CanTung tungsten mine, as well as the feasibility-stage MacTung mine located in the Yukon.

Quelle:http://tungsteninvestingnews.com/2366-tungsten-outside-of-ch…

[volvocb]

Antwort auf Beitrag Nr.: 43.124.729 von volvocb am 05.05.12 15:07:40

First tungsten from S Korea in 2013 - Woulfe
1st May 2012

PERTH (miningweekly.com) - South Korea-focused Woulfe Mining would likely start production at its Sangdong tungsten/molybdenum project by mid-2013, president and CEO Brian Wesson told Mining Weekly Online on Tuesday.

A recently completed feasibility study found that a $151.3-million capital investment would support a 1.2-million-ton-a-year operation, over a life-of-mine of 11.5 years.

“This robust feasibility study marks a significant milestone in the development of the Sangdong tungsten project and sets in motion our strategic partnership with International Metalworking Companies (IMC) and the finalising of the funding for the entire project, moving to production in 2013,” said Wesson.

In February this year, the TSX-listed Woulfe signed a strategic agreement with IMC and its affiliates that would see the company investing some C$35-million for a 25% interest in the Sangdong mine.

The parties also agreed to jointly establish a Korean company to build a processing facility in Korea, which would acquire up to 90% of the Sangdong tungsten concentrate, with IMC agreeing to acquire 90% of the joint venture company’s production.

IMC’s investment under the strategic agreement would total C$70-million.

“We have signed all the agreements with IMC, and the only thing outstanding for their due diligence was the completed feasibility study, which they were handed last week. So we are now moving towards closing the deal,” said Wesson.

He noted that the remainder of the capital expenditure required for the development of the Sangdong project would be sourced from commercial banks, a number of which were currently conducting financial due diligence on the project.

Wesson said that construction at Sangdong was expected to start in June this year, and would last for around 12 months.

The project was estimated to have a net present value of $400-million and an initial rate of return of 46%.

Quelle:http://www.miningweekly.com/article/first-tungsten-from-s-ko…

[volvocb]

Antwort auf Beitrag Nr.: 43.124.736 von volvocb am 05.05.12 15:14:36

GTSO: Could Tungsten be the Next Gold?

May 03, 2012 05:03 AM Eastern Daylight Time


SAN JOSE, Calif.--(EON: Enhanced Online News)--The most precious metal of the 21st century isn’t gold or silver—it’s the second hardest element found on earth: tungsten. GTSO Resources (OTCQB: GTSO), an emerging mining company, announced today that it is exploring promising new opportunities in the discovery and development of this precious mineral, an element critical to the manufacture of everything from iPads to ballistic missiles.

Best known as the filament used in conventional light bulbs, tungsten’s unique hardness and high melting point make it critical for a multitude of manufacturing uses, including the automobile and aerospace sector. The world’s second-hardest substance after diamonds, tungsten is essential to the composition of modern wear-resistant parts.

Tungsten prices have been rising rapidly in recent years as demand from emerging economies explodes. Concerned about its own supplies of the critical metal, China, the world’s dominant tungsten producer, has slashed both output and exports. That has left the U.S. and its economic allies scrambling to secure enough tungsten supplies to meet domestic and global demand.

GTSO Resources is prepared to capitalize on these unprecedented market conditions by exploring and developing new sources of tungsten around the globe. As demand for tungsten continues to rise while supplies remain largely flat, the company expects mining and development opportunities to potentially grow increasingly more lucrative by the day.

GTSO is currently preparing a list of promising targets for acquisition and joint venture in the tungsten sector that could help the company achieve rapid growth in market share. For more information on GTSO Resources’ aggressive mineral development plans, please visit www.gtsoresources.com/investors.html.

GTSO plans to service a fast-growing global appetite for rare and precious metals to compete in an exciting sector that includes Goldcorp Inc. (NYSE: GG), Newmont Mining Corp. (NYSE: NEM), Royal Gold, Inc. (NASDAQ: RGLD) and Barrick Gold Corp. (NYSE: ABX).

About Green Technology Solutions, Inc.

Green Technology Solutions, Inc. [www.GTSOresources.com] is a growth-oriented company exploring rare earth minerals and precious metals production around the world. To learn more, please visit our website at www.GTSOresources.com/investors.html.

Notice Regarding Forward-Looking Statements

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

Contacts

Green Technology Solutions, Inc.
Paul Watson, 408-432-7285
President and CEO
[e-mail]

Quelle:http://eon.businesswire.com/news/eon/20120503005612/en/gold/…

[volvocb]

Antwort auf Beitrag Nr.: 43.124.849 von volvocb am 05.05.12 16:03:26

Warum Tugsten?
Warren Buffett
Infos
usw.

Quelle: http://www.gtsoresources.com/investors.html

Keine Werbung.

[RiscTec]

Antwort auf Beitrag Nr.: 43.124.856 von volvocb am 05.05.12 16:06:33

Hey Volvo, wenn das keine Werbung ist dann weiß ich nicht mehr...
Wenn GTSO mehr hat als eine Idee und 200 k$ zum Ausgeben in einem Jahr kannst Du dich ja wieder melden.


...was für eine Klitsche.

[Pyromorphit]

Antwort auf Beitrag Nr.: 43.124.959 von RiscTec am 05.05.12 16:56:55

... oh, ein Kenner der Materie und dieser Firma im Speziellen.

Und sicher auch mit einer eigenen noch größeren Firma -

um diese als Klitsche zu bezeichnen.

Wahnsinn...

[RiscTec]

Antwort auf Beitrag Nr.: 43.126.123 von Pyromorphit am 06.05.12 09:48:23

Ja, bin signifikant in WOF investiert...

Einfach mal den SEDAR Financial Report lesen !

[Pyromorphit]

Antwort auf Beitrag Nr.: 43.126.160 von RiscTec am 06.05.12 10:21:49

... das ändert nichts an Deinem Auftreten.

In WOF sind viele investiert - ich auch - trotzdem erschließt es sich mir nicht, warum Du so ein "lustiger Mensch" bist.

[physik]

Zitat von RiscTec: Ja, bin signifikant in WOF investiert...

Einfach mal den SEDAR Financial Report lesen !

So? Was steht denn da so schlimmes drin in dem Report? Hm?

[volvocb]

BTV Update on Woulfe Mining

http://www.b-tv.com/features/watch-now.html?clip=WoulfeMinin…

langes Video in Eng.

[volvocb]

Antwort auf Beitrag Nr.: 43.202.958 von volvocb am 23.05.12 19:00:56

Sangdong Jan-April (15 Fotos)neu

Quelle:http://www.facebook.com/woulfemining

[volvocb]

Tungsten APT European $ per mtu

400.00000 +10.00000 +2.56%

Es geht wieder aufwärts.

In ca. 4 Wochen kommt hoffentlich die Finazierung zu stande.

[volvocb]

MD&A - English

MANAGEMENT DISCUSSION AND ANALYSIS
FOR THE THREE AND NINE MONTHS ENDED MARCH 31, 2012

Quelle: http://sedar.com/CheckCode.do;jsessionid=0000RMMquDjUjvPXlUP…

Interim financial statements/report - English

Condensed Consolidated Interim Financial Statements of
WOULFE MINING CORP.
For the three and nine months ended March 31, 2012 and 2011

Quelle:http://sedar.com/GetFile.do?lang=EN&docClass=5&issuerNo=0000…

[volvocb]

Antwort auf Beitrag Nr.: 43.250.601 von volvocb am 05.06.12 13:16:44

Quell: http://video.cnbc.com/gallery/?video=3000093922&play=1#eyJ2a…

Video 4 min
Tungsten Is Tracking Gold's Price
Mon 04 Jun 12 | 08:45 PM ET
Brian Wesson, CEO, Woulfe Mining says tungsten is driven mostly by global economic expansion and the metal's price is tracking gold's price.

[physik]

Woulfe Signs Memorandum of Understanding (MoU) for KRW120 Billion (US$104 million) Debt Financing With Korea's Largest Bank
VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 12, 2012) - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF)(OTCQX:WFEMF)(FRANKFURT:OZ4) is pleased to announce Sangdong Project financing is moving forward with an offer from Shinhan bank, the largest commercial bank in Korea. On July 11, 2012, Woulfe and its wholly owned subsidiary, Sangdong Mining Corporation, executed a MoU with Shinhan Bank (lodged on SEDAR) for a 12-year term loan amounting to 120 Billion Korean Won (approx. US$104 Million at the prevailing exchange rate of US$1.00 = KRW1,145) for the development of the Sangdong Tungsten/Molybdenum Project.

Summary terms of the debt facilities are:

12-year KRW110 Billion Senior Debt Facility(KRW55 Billion Tranche A at 5.80% p.a. fixed rate and KRW55 Billion Tranche B at a 3-month "AAA" Bank Bond rate, currently 3.40% p.a., plus 2.30% p.a.) and 5-year KRW10 Billion Working Capital Credit Facility at a 3-month CD currently 3.54% p.a., plus 2.50% p.a.

Brian Wesson, CEO of Woulfe, stated: "The terms offered by Shinhan bank are very competitive at less than 6.0% p.a. inclusive of all costs. The KRW120 Billion debt financing will complement the $70 Million equity (US$35 million for Sangdong and US$35 million for APT refinery) put in place through the strategic deal signed earlier this year. The debt and equity at a subsidiary level will be adequate to develop the Sangdong Project through to production. Additionally, this competitive financing will contribute substantially to the value of the project. The Tetra Tech Inc. Feasibility Report dated 23rd April 2012 assessed the Project NPV and IRR to be US$400.3 million and 46% respectively and this 6% debt will have a substantial positive impact on project NPV and IRR."

The extensive time spent by management over the past year in marketing the company and raising financing is now in its final stages, allowing Woulfe to focus on bringing the mine into production. New mine access development will begin in August 2012. Exploratory production mining is under way having produced over 2,000 tonnes of ore, stockpiled on surface. Production of tungsten metal is scheduled for 2013.

On Behalf of the Board of Directors

Woulfe Mining Corp.

Brian Wesson (FAusIMM), President, CEO and Director

[rotie1]

Geeeeeiiiiiiil ...
... Entschuldigung!

[volvocb]

"Ich bin wieder hier
In meinem Revier
War nie wirklich weg
Hab mich nur versteckt
...."
M. M. Westernhagen, Musiker

Somerpause vorbei und es geht nach den laaaaangen 60 Tagen endlich aufwärts.

[volvocb]

Antwort auf Beitrag Nr.: 43.633.774 von volvocb am 22.09.12 09:43:37

Woulfe Mining Announces $20 million Convertible Debt Offering

June 6, 2012 – Vancouver, Canada – Woulfe Mining Corp. ("Woulfe” or the “Company”) (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) has arranged a brokered public offering on a commercially reasonable “best-efforts” basis of $20 million in principal amount of convertible unsecured senior debentures (the “Offering”) at a price of $1,000 per debenture and having an interest rate of 10% per year, with interest payable quarterly in arrears on the last day of March, June, September and December. The debentures will mature and be repayable on June 30, 2017.
Each $1,000 principal amount of the debentures will be convertible at the option of the holder into 3,509 common shares of Woulfe, representing a conversion price of $0.285 per share.
Each $1,000 debenture shall also include 714 common share purchase warrants of the Company. Each warrant shall entitle the holder thereof to acquire one common share of the Company at a price of $0.35 per common share for a period of 24 months from the closing of the Offering.
The Offering is being made through a syndicate of agents led by Euro Pacific Canada Inc. as sole book-runner and co-led with Byron Capital Markets Ltd. (the “Agents”)
The Company shall have the option to redeem up to an aggregate of $7.5 million of the debentures, on a pro-rata basis, by paying 110% of the face value plus accrued interest of the debentures redeemed.
The Company has also granted the Agents an option to distribute up to $3 million principal amount of additional debentures at a price of $1,000 per debenture to cover overallotments, exercisable in whole or in part any time up to 30 days following closing of the Offering.
The Company intends to use the net proceeds of the Offering for the ordering of long lead time capital equipment items and advancement of its mineral properties, including the Sangdong tungsten project, and for general corporate purposes. The closure of the Offering will enable the Company to maintain its momentum toward opening the Sangdong tungsten mine in South Korea as scheduled in 2013.
The Offering is subject to normal regulatory approvals, including approval of the TSX Venture Exchange.
Brian Wesson, President and CEO of the Company, commented “Securing this Offering enables the Company to maintain, if not accelerate, its aggressive business development program. Over the course of the remainder of 2012, there will be many objectives we have to deliver in order to open the Sangdong tungsten mine, and having funds available on the balance sheet ready to be deployed is a positive endorsement of our plan”.
On Behalf of the Board of Directors
Woulfe Mining Corp.
“Brian Wesson”

Quelle: http://sedar.com/CheckCode.do;jsessionid=0000zHuLVvgMUDv5ocv…

[volvocb]

Antwort auf Beitrag Nr.: 43.633.775 von volvocb am 22.09.12 09:44:25

Woulfe Mining Funding on Track

June 7, 2012 – Vancouver, Canada – Woulfe Mining Corp. ("Woulfe” or the “Company”) (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) is pleased to announce that it is on track to bring the Sangdong mine into production in 2013. As reported the company suffered delays in delivering the feasibility study by moving metallurgical test work to China. This delay in completing the feasibility resulted in a late start for International Metalworking Companies B.V. (“IMC”) to work through the due diligence. The IMC definitive agreements require 60 days from feasibility report to complete due diligence, followed by 60 days to finalize and funds to flow. The delays mean that the CND$35 million equity investment could come into the Sangdong Mining Corporation Korea as late as the end of August 2012.
The Company is working to make up the time lost by changing the design of the mine access, expanding the existing access to 5x5 will save money and time to get to production. The access tunnel will begin in early July 2013. At the same time we will purchase the land from the county which will enable the construction to commence.
As announced on June 6, 2012, Woulfe has arranged a brokered offering of CDN$20million in principal amount of convertible unsecured senior debentures with a syndicate of agents led by Euro Pacific Canada Inc. as sole book-runner and co-led with Byron Capital Markets Ltd.
Brian Wesson CEO and President of Woulfe Mining said “This funding was required to keep the project on track for production in 2013 and allow the time for the strategic and debt funding in the subsidiary to be concluded. The convertible debt strengthens the treasury and allows the Company to move forward on Sangdong maintaining the momentum and getting to cash flow as quick as possible which is the most important objective of the Company. We have provision to buy back 30% of the notes and once the company is in production with strong cash flow we could buy back stock. As funds become available to secure against the volatile world and move to production we remove a huge amount of risk for our shareholders.”
The Company is in advanced discussions with international and domestic Korean banks for a project debt facility of US$80 to US$110 million dollars. Indicative term sheets have been received for debt suggesting very competitive interest rates. Indications are that the banks are comfortable with the Sangdong project and it is expected that the debt package will be closed about the same time as the strategic deal is finalised. Woulfe anticipates banks moving to complete due diligence in the next 60 days.
On Behalf of the Board of Directors
Woulfe Mining Corp.

“Brian Wesson"

Quelle:http://sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=0000…

[volvocb]

Antwort auf Beitrag Nr.: 43.633.777 von volvocb am 22.09.12 09:46:24

WOULFE MINING CORP.
Sangdong Project Feasibility Study
6.Juni.2012

233 Seiten.

Quelle: http://sedar.com/GetFile.do?lang=EN&docClass=24&issuerNo=000…

[volvocb]

Antwort auf Beitrag Nr.: 43.633.787 von volvocb am 22.09.12 09:52:08

Woulfe Mining Correction to Funding on Track

June 8th, 2012 – Vancouver, Canada – Woulfe Mining Corp. ("Woulfe” or the “Company”) (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) would like to correct an error in yesterday’s press release.
The correct paragraph is –
The Company is working to make up the time lost by changing the design of the mine access, expanding the existing access to 5x5 will save money and time to get to production. The access tunnel will begin in early July 2012. At the same time we will purchase the land from the county which will enable the construction to commence.
Brian Wesson CEO and President of Woulfe Mining added “We appreciate the understanding and support we have received from our shareholders as we move to de-risk the Company and build, what will be the world’s largest producing tungsten mine. We will be able to push forward with the Sangdong access tunnel and land purchase next month after we receive the funds from the convertible debenture.’
On Behalf of the Board of Directors
Woulfe Mining Corp.
“Brian Wesson”

Quelle:http://sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=0000…

[volvocb]

Antwort auf Beitrag Nr.: 43.633.790 von volvocb am 22.09.12 09:53:13

Woulfe, Completing Buffett Deal, to Start Tungsten Mine in July

By Firat Kayakiran - Jun 19, 2012


Woulfe Mining Corp. (WOF), preparing to close an investment agreement with a unit of Warren Buffett’s Berkshire Hathaway Inc. (BRK/A), will start up a tungsten mine next month that it projects will become the biggest in the world.

Woulfe will raise $20 million in convertible notes in June to begin digging rock ready to be processed at the South Korean Sangdong mine, Chief Executive Officer Brian Wesson said in an interview in London. The company is waiting for Berkshire Hathaway’s IMC International Metalworking Companies BV unit to commit to $70 million of investment in the project.

“It took us six months to negotiate,” Wesson said. “They are a huge company, they don’t do things for the hell of it.”

Woulfe, based in Vancouver, is in talks with South Korean banks over $120 million in funds for its part of the investment, Wesson said. “We have final term sheets with some big banks in Korea,” he said. “They are moving into final due diligence.”

Tungsten prices have risen as China imposed export curbs on raw materials including the rare earth, causing world supplies to plummet and threatening strategic stockpiles. China is the largest supplier of 28 of the 52 elements on the Geological Survey’s risk list. Tungsten was also one of the metals cited when U.S. President Barack Obama filed a complaint to the World Trade Organization on March 13 against the Chinese restrictions.

IMC, 80 percent-controlled by Berkshire Hathaway, signed an agreement with Woulfe to invest $35 million to develop the $115 million mine and the same to build a refinery, Wesson said. It will decide on closing the deal by the end of the month -- after reviewing a feasibility study Woulfe prepared -- in exchange for a quarter stake in the mine and 55 percent of the refinery.

Bringing Technology

“They will build the refiner,” Wesson said. “They’ll design it, they’ll build it and they’ll ensure quality. They came with technology, with size and with market and branding.”

Woulfe plans to ship 400,000 metric ton units of tungsten, equivalent to 4,000 tons of the metal, from the mine, which closed in 1992 on a flood of cheap Chinese concentrate, he said. The company will begin output of the metal in August 2013.

China, source of about 60 percent of the world’s tungsten, has pushed prices higher by imposing the limits on exports of concentrate, Wesson said. The price of ammonium paratungstate, the traded form of the metal, rose 32 percent in 2011 to more than $440 a ton unit, according to European price data from Metal Bulletin. The material traded at less than $65 in 2003.

IMC doesn’t list a phone number or e-mail address for the parent company on its website. Subsidiary companies listed on the site were unable to provide contact details.

To contact the reporter on this story: Firat Kayakiran in London at [e-mail]

To contact the editor responsible for this story: John Viljoen at [e-mail]

Quelle: http://www.bloomberg.com/news/2012-06-19/woulfe-completing-b…

[volvocb]

Antwort auf Beitrag Nr.: 43.633.797 von volvocb am 22.09.12 09:55:28

Tungsten: Metal that's quietly running the world

6/25/2012 12:11:11 AM | Mike Kapsch, Investment U


Warren Buffet is leading the charge as a number of junior mining stocks could skyrocket as supplies continue constricting

At Investment U, we’re not in the business of showing people how to make a quick buck.

Actually, I’d say we’re on the opposite end of the spectrum, as we relentlessly advise growing and protecting your wealth at a steady and safe rate.

But that doesn’t mean you shouldn’t take advantage of a hot opportunity when you see one.

In fact, a little-discussed metal called tungsten is set to become one of the most sought-after commodities on Wall Street.

And a handful of junior mining stocks are poised to skyrocket as a result. This is because, as demand for tungsten is ramping higher around the world, supplies are dwindling even faster.

Warren Buffet is leading the charge

Now before we go any further, you should fully understand that junior mining stocks are risky investments.

Legendary investor Doug Casey calls them “the most volatile stocks on earth.”

But where there’s risk, there’s also potential reward. And junior miners can return some of the biggest profits known to man.

For example, since 2009, Detour Gold Corporation (TSX: T.DGC, Stock Forum) has soared as much as 1,025%. And some companies, like ATAC Resources (TSX: V.ATC, Stock Forum), have exploded well over 10,000% in the past.

Junior miners that mine and process tungsten may very well find themselves in a similar situation today.

And Warren Buffett agrees.

In February, Woulfe Mining (TSX: V.WOF, Stock Forum) inked a deal with International Metalworking Companies, a Berkshire Hathaway (NYSE: BRK.A, Stock Forum) owned holding company for metalworking products.

For a total of about $80 million, IMC agreed to buy a 25% stake in Woulfe’s Sandong mining project in South Korea, which was once the biggest tungsten-producing mine worldwide. By early 2013, once again, the mine is set to become the biggest producer when it reopens.

It’s estimated Sandong will account for 7% to 10% of total tungsten production at that time.

Buffett is seeing an enormous opportunity here.

As Woulfe Mining’s Nick Smith told Tungsten Investing News, “Without tungsten, Western manufacturing comes to an end.”

Today the metal is used in anything from light bulbs, to drill bits for oil and gas exploration, to solar panels, to smartphones, tablets and much more.

And what makes it unique is that it’s practically immune from corrosion and can withstand unbelievably high temperatures.

Nick Smith adds, “You are not working with steel without tungsten. There’s no global mining unless you have tungsten-tipped drills.”

In other words, even though supply of tungsten is tightening worldwide, there’s no material that can currently replace demand for it no matter how high prices go.

China currently hoards 80% of the world’s tungsten supply and expects to use all of it to support its own manufacturing industry.

This leaves little options for any company that’s dependent on tungsten for their own goods and services.

How to play the trend

While there’s really no “safe” pure play on tungsten right now, there are a number of junior mining stocks that could skyrocket as supplies continue constricting.

Among the top five I’m interested in are Playfair Mining (TSX: T.PLY, Stock Forum), Malaga Inc. (TSX: T.MLG, Stock Forum), Woulfe Mining, Happy Creek Minerals (TSX: V.HPY, Stock Forum), and Largo Resources (TSX: V. LGO, Stock Forum).

Just keep in mind, these companies are very small and subject to big price swings. So be sure to give your trailing stops enough room to handle a bumpy, yet potentially lucrative, ride.

Read more at http://www.stockhouse.com/columnists/2012/jun/25/tungsten--m…#AdopqCecyitmFWCD.99" target="_blank" rel="nofollow ugc noopener">http://www.stockhouse.com/columnists/2012/jun/25/tungsten--m…#AdopqCecyitmFWCD.99

Quelle:http://www.stockhouse.com/columnists/2012/jun/25/tungsten--m…

[volvocb]

Antwort auf Beitrag Nr.: 43.633.811 von volvocb am 22.09.12 10:01:10

What ist next ... (aus der PPP Seite 18)

June

Closing $20 million convertible at 120% price (28.5 c).
MoUfor project debt financing ($110M @6%).

July

IMC confirm due diligence 60 days closing strategic deal ($70M, eq55c ).
Reserves update–5 months extra drilling
Start mining, production haul way
Purchase land
Process plant tenders
Order long lead time items

Aug

Update feasibility to include molybdenum, Korean mining cost and longer mine life
Close Bank debt
Construction of plant

Quelle: Presentation von Woulfe Mining von ende Juni.

[volvocb]

Antwort auf Beitrag Nr.: 43.633.816 von volvocb am 22.09.12 10:04:02

Woulfe Mining and IMC Strategic Agreement Update

June 28, 2012 – Vancouver, Canada – Woulfe Mining Corp. ("Woulfe” or the “Company”) (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) Woulfe Mining Corp today announced that IMC has received a report from its independent consultants appointed to assist in IMC’s due diligence of the Sangdong Mine project. The parties will continue to work together and discuss the report and the next steps in connection with IMC’s ongoing due diligence and the project. Upon satisfactory completion of due diligence by IMC, and subject to the other terms and conditions of the definitive agreements in respect of the transaction, the parties will have a further 60 days to complete the transaction, unless further extended by mutual agreement.
As previously announced, subject to the terms and conditions of the definitive agreements in respect of the transaction, IMC will acquire a 25% interest in the Company’s Korean subsidiary (“Sangdong”) holding the Sangdong project for cash consideration totaling C$35 million, which funds will be utilized by Sangdong for the development of the mine and processing plant necessary to mine and process tungsten and Molybdenum ores in 2013.
Also as previously announced, subject to the terms and conditions of the definitive agreements in respect of the transaction, Woulfe and IMC will jointly establish a Korean joint venture company which will build a tungsten refining plant to produce Ammonia Para Tungstate (APT), which joint venture company will be owned 55% by IMC and 45% by Woulfe. IMC has agreed to subscribe for C$19.25 million in equity in the joint venture company and lend to Woulfe C$15.75 million, all of which will be contributed by Woulfe to pay for Woulfe’s 45% interest in the joint venture company, and which may be repaid in tungsten concentrate produced by Sangdong. Please see the Company’s press release dated February 28, 2012 for additional information regarding the strategic arrangements entered into with IMC.
Brian Wesson CEO and President of Woulfe Mining commented “we have been working closely with IMC’s team during this process and look forward to finalizing the arrangements in Korea.”
On Behalf of the Board of Directors Woulfe Mining Corp.
“Brian Wesson”

Quell:http://sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=0000…

[volvocb]

Antwort auf Beitrag Nr.: 43.633.819 von volvocb am 22.09.12 10:06:06

Woulfe Mining Strategic Agreement Update

June 29, 2012 – Vancouver, Canada – Woulfe Mining Corp. ("Woulfe” or the “Company”) (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) Woulfe Mining would like to clarify that there is no extra 60 days in the deal with our strategic partner and it is on track, moving forward under the terms outlined in the agreement announced on February 28th, 2012.
Brian Wesson CEO and President commented “Woulfe has a very strong project and the strategic partner makes it a world leader"
On Behalf of the Board of Directors Woulfe Mining Corp.
“Brian Wesson”

Quelle:http://sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=0000…

[volvocb]

Antwort auf Beitrag Nr.: 43.633.827 von volvocb am 22.09.12 10:08:39

Woulfe signs Memorandum of Understanding (MoU) for KRW120 Billion (US$104 million) Debt Financing with Korea’s Largest Bank

July 12th, 2012 – Vancouver, Canada – Woulfe Mining Corp. ("Woulfe” or the “Company”) (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) is pleased to announce Sangdong Project financing is moving forward with an offer from Shinhan bank, the largest commercial bank in Korea. On July 11, 2012, Woulfe and its wholly owned subsidiary, Sangdong Mining Corporation, executed a MoU with Shinhan Bank ( lodged on SEDAR) for a 12-year term loan amounting to 120 Billion Korean Won (approx. US$104 Million at the prevailing exchange rate of US$1.00 = KRW1,145) for the development of the Sangdong Tungsten/Molybdenum Project.
Summary terms of the debt facilities are:
12-year KRW110 Billion Senior Debt Facility(KRW55 Billion Tranche A at 5.80% p.a. fixed rate and KRW55 Billion Tranche B at a 3-month “AAA” Bank Bond rate, currently 3.40% p.a., plus 2.30% p.a.) and
5-year KRW10 Billion Working Capital Credit Facility at a 3-month CD currently 3.54% p.a., plus 2.50% p.a.
Brian Wesson, CEO of Woulfe stated: “The terms offered by Shinhan bank are very competitive at less than 6.0% p.a. inclusive of all costs. The KRW120 Billion debt financing will complement the $70 Million equity (US$35 million for Sangdong and US$35 million for APT refinery) put in place through the strategic deal signed earlier this year. The debt and equity at a subsidiary level will be adequate to develop the Sangdong Project through to production. Additionally, this competitive financing will contribute substantially to the value of the project. The Tetra Tech Inc. Feasibility Report dated 23rd April 2012 assessed the Project NPV and IRR to be US$400.3 million and 46% respectively and this 6% debt will have a substantial positive impact on project NPV and IRR.”
The extensive time spent by management over the past year in marketing the company and raising financing is now in its final stages, allowing Woulfe to focus on bringing the mine into production. New mine access development will begin in August 2012. Exploratory production mining is under way having produced over 2,000 tonnes of ore, stockpiled on surface. Production of tungsten metal is scheduled for 2013.
On Behalf of the Board of Directors Woulfe Mining Corp.
“Brian Wesson”

Quelle:http://sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=0000…

[volvocb]

Antwort auf Beitrag Nr.: 43.633.832 von volvocb am 22.09.12 10:14:43

In Deutsch nochmal:

Woulfe unterzeichnet Memorandum of Understanding (MoU) für KRW120 Mrd. (US $ 104 Mio.) Fremdkapitalfinanzierung mit Grösste Bank Koreas

VANCOUVER, BRITISH COLUMBIA, 12. Juli 2012 (Marketwire PRNewswire) - Woulfe Mining Corp ("Woulfe" oder das "Unternehmen") CA: WOF 0,00% (OTCQX: WFEMF) (FRANKFURT: OZ4) freut sich bekannt zu geben Sangdong Die Projektfinanzierung ist in Bewegung mit einem Angebot von Shinhan Bank, die größte Geschäftsbank in Korea. Am 11. Juli 2012, Woulfe und ihre hundertprozentige Tochtergesellschaft, Sangdong Mining Corporation, eine mit der Shinhan Bank (eingereicht bei SEDAR) Absichtserklärung für eine 12-Jahres-Darlehen in Höhe von 120 Mrd. Koreanische Won (ca. 104 Millionen US $ bei der herrschenden ausgeführt Wechselkurs von US $ 1.00 = KRW1, 145) für die Entwicklung des Sangdong Wolfram / ​​Molybdän-Projekt.

Zusammenfassung hinsichtlich der Verschuldung Einrichtungen sind:

12-Jahres-KRW110 Billion Senior Debt Facility (KRW55 Billion Tranche A bei 5,80% pa Festzins und KRW55 Billion Tranche B in einer 3-monatigen "AAA" Bank Rate Bond, derzeit 3,40% pa, zuzüglich 2,30% pa) und 5-Jahres- KRW10 Billion Working Capital Kreditlinie mit einem 3-Monats-CD derzeit 3,54% pa, zuzüglich 2,50% pa

Brian Wesson, CEO von Woulfe, erklärte: "Die Begriffe von der Shinhan Bank angeboten werden, sind sehr wettbewerbsfähig bei weniger als 6,0% pa inklusive aller Kosten Die KRW120 Billion Fremdfinanzierung wird die $ 70 Millionen Eigenkapital ergänzen (US $ 35 Millionen für Sangdong und 35 US-Dollar. Millionen für Raffinerie APT) an Ort und Stelle durch die strategische Vereinbarung unterzeichnet zu Beginn dieses Jahres gelegt. Die Eigen-und Fremdkapital bei einer Tochtergesellschaft Ebene wird ausreichen, um die Sangdong-Projekt bis hin zur Produktion zu entwickeln. Darüber hinaus ist diese wettbewerbsfähige Finanzierung wird wesentlich dazu beitragen, den Wert der Projekt. Die Tetra Tech Inc. Feasibility Report vom 23. April 2012 beurteilt das Projekt NPV und IRR zu US $ 400.300.000 und 46% betragen und dies 6% Verschuldung wird erhebliche positive Auswirkungen auf Projekt NPV und IRR haben. "

Das umfangreiche Zeit-Management im vergangenen Jahr verbrachte in der Vermarktung des Unternehmens und Erhöhung der Finanzierung ist nun in der Endphase, so dass Woulfe um auf der Indienststellung des Mine in Produktion zu konzentrieren. New Mine Zugang Entwicklung wird im August 2012 beginnen. Exploratory Produktion Bergbau im Gange ist mit über 2.000 Tonnen Erz auf Halde produziert Oberfläche. Die Produktion von Wolfram-Metall ist für 2013 geplant.

Im Namen des Board of Directors

Woulfe Mining Corp

Brian Wesson

Quelle:http://www.wallstreet-online.de/diskussion/500-beitraege/109…

[volvocb]

Antwort auf Beitrag Nr.: 43.633.845 von volvocb am 22.09.12 10:21:06

Woulfe Mining Clarifies and Restates Certain Disclosure

August 1, 2012 – Vancouver, Canada – Woulfe Mining Corp. ("Woulfe” or the “Company”) (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) Woulfe Mining Corp reports that as a result of a review by the British Columbia Securities Commission (BCSC), it is issuing the following news release to clarify, retract, restate and update certain of its previously issued technical reports, investor relations presentations, reports and disclosures on its website www.woulfemining.com.
Updated Preliminary Economic Assessment:

......

7 Seiten

Quelle:http://sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=0000…

[volvocb]

Antwort auf Beitrag Nr.: 43.633.853 von volvocb am 22.09.12 10:24:35

Woulfe Mining Announces $5 Million Private Placement

August 14, 2012 – Vancouver, Canada – Woulfe Mining Corp. ("Woulfe” or the “Company”) (TSXV:
WOF, OTCQX: WFEMF, Frankfurt: OZ4) is pleased to announce that it has engaged Dundee
Securities Ltd. as lead agent ("Dundee" or the "Lead Agent") to sell, on a reasonable commercial efforts
basis, up to 20,000,000 units (the "Units") of the Company at a price of $0.20 per Unit for aggregate
gross proceeds of up to $4,000,000 (“the “Brokered Offering”). The Units will be comprised of one
common share of the Company and one-half of one common share purchase warrant (each whole
warrant, a "Warrant"). Each Warrant will be exercisable into one common share of the Company at a
price of $0.30 for a period of 24 months following the date of issue.
The Company has granted Dundee an option to offer up to an additional 15% of the Brokered Offering,
being 3,000,000 Units, at the issue price, exercisable in whole or in part at any time up to 48 hours prior
to the closing date for the Brokered Offering.
The Company has agreed to pay Dundee a commission of 5.0% of the gross proceeds from the sale of
the Units forming the Brokered Offering and to issue warrants ("Agent's Warrants") equal to 5.0% of the
number of Units issued in the Brokered Offering. Each Agent's Warrant will entitle the holder, on
exercise, to purchase one Unit of the Company at a price of $0.20 for a period of 24 months from the
completion of the Brokered Offering.
In addition to the Brokered Offering, the Company has arranged a non-brokered private placement of a
further 5,000,000 Units for aggregate proceeds of $1,000,000 (the “Non-Brokered Offering” and together
with the Brokered Offering, the “Offerings”).
The Offerings are expected to close on or about August 31, 2012. All securities issued in connection with
the Offerings will be subject to a minimum four month hold period. The Offerings are subject to all
required approvals, including the approval of the TSX Venture Exchange.
The gross proceeds of the Offerings will be used for the advancement of the Company’s properties in
South Korea, the repayment of short term debt and for general working capital purposes.
The Company and Euro Pacific Canada Inc. have determined not to proceed with the convertible
debenture offering announced on June 6, 2012.
On Behalf of the Board of Directors
Woulfe Mining Corp.
“Brian Wesson”

Quelle:http://sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=0000…

[volvocb]

Antwort auf Beitrag Nr.: 43.633.857 von volvocb am 22.09.12 10:26:55

al_ocke_bundy
schrieb am 20.08.12 12:13:02

Zumindest findet die Präsentation für die Bevölkerung heute statt, auch wenn ich kein koreanisch beherrsche.

http://news.naver.com/main/read.nhn?mode=LSD&mid=sec&sid1=10…

20.8.12 um 17 Uhr Ortzeit sollte bedeuten, dass sie gerade läuft.

Na mal sehen, ob da etwas Neues verkündet wird und wir es dann auch erfahren.


hansihans
schrieb am 20.08.12 12:43:26
Beitrag Nr.77548


Tip: Google Chrome übersetzt Seiten. Ist zwar nicht supertoll, aber immerhin kann man den Sinn erkennen. Siehe hier:

[Yeongwol = Reporter = Gangwon Yeongwol WIRE hongchunbong sangdongeup homologen Mining Co., 20 Bewohner Briefing um 5:00 Uhr Treffen in den Büros sangdongeup stattfinden wird. Yeongwol 19 Tagen, nach der Sanierung ist seit mehreren Jahren Sangdong homologen Wolfram Bergbau behält sich das inzwischen vorbereitet worden, und Wirtschaftswissenschaften und weitere Bohr-und Explorations gewesen war, und das Timing und Verfahren, etc. wurden neu entwickelt für die Bewohner erwarten unsere Präsentation. Kanadische Wölfe in der globalen Bergbau-und Mineral Development Company mit Hauptsitz in Israel, ist IMC Group (ein börsennotiertes Unternehmen, der weltweit drittgrößte-Metall) Bergbau Mitbegründer der homologen bekannten Mine verfügt derzeit über Niederlassungen in neun homolog. im vergangenen Februar, Weltklasse-Investor Warren Buffetts Investment Sangdong zu Ruhm über Nacht mit dem zuletzt am 25. April im Zusammenhang mit Sanierung und in der Provinz Gangwon Provinz Gangwon, Yeongwol, IMC erschossen Sanierung, die von Beamten besucht wurde Sangdong hat auch eine Vereinbarung Bär. homologen Bergbau im Juni letzten Jahres Materials Management Service, die öffentlichen Sicherheitsdienste rekrutiert zu Beginn dieses Monats, nachdem die Mineralien und Bergbau für die überblicksweise Überwachung Durchsetzung über die Durchsetzung Arbeiter nehmen, und zur Zeit 50 Personen kann die Beschäftigung zu öffnen arbeitete mehr als diese bekannt sind. besonders die homologe Bergbau 20. Wohnsitz Präsentationen im Laufe des nächsten Wolfram Serienfertigung, Rekrutierung, Mitarbeiter Wohnungsbau, meine Entwicklung und Investitionen Situation, und so weiter kann ans Licht bringen, ob sich aufmerksam. homologen Bergbau offiziellen " Inzwischen sind die Wolfram-Reserven, und so weiter Homologie Förderung, Exploration und Bohrungen wurden in Kanada durchgeführt, Wolfe-Mining-Analyse für diese führte ich das wissen "und" Übersicht über Vorträge über Bevölkerung Status und diskutieren zukünftige Pläne, etc. ", sagte er. Inzwischen hat die globale Investor Warren Buffett im Jahr 2008, kaufte Israel 80% der Anteile in TaeguTec Fabrik IMC Dalseong Warren Buffetts mehrmals während des Besuchs TaeguTec im Bergbau interessiert waren fester und stereotyp. längst homologen Bergbauanlagen aus laufender Fonds im Namen der Shinhan Bank yungjadoel von 120 Milliarden Won Fonds wurde als Warren Buffett auf 80 Milliarden im Februar Sangdong klargestellt, dass es in Sanierung zu investieren gewann bekannt. Allerdings homologen Bergbau Förderung und für den internen Situation in Yeongwol bietet keine konkreten Daten äußerst ungern in den Medien, wie zum Beispiel Aufmerksamkeit, zu viel Sicherheit bekannt sein, gibt es Anzeichen. [e-mail]

Quelle:http://www.wallstreet-online.de/diskussion/500-beitraege/109…

[volvocb]

Antwort auf Beitrag Nr.: 43.633.868 von volvocb am 22.09.12 10:31:36

Wolfram: Das sind die wichtigsten Produzenten
Liebe Leser,

auch heute steht mit Wolfram noch einmal ein exotischer Rohstoff im Mittelpunkt.

Nach der Einführung zu diesem speziellen Metall geht es nun um die wichtigsten Produzenten.

Dabei stehen die Produzenten außerhalb Chinas im Fokus, da es für ausländische Anleger kaum möglich ist in chinesische Firmen in diesem Sektor zu investieren.

Grundsätzlich läuft aktuell bei einer Vielzahl an Projekten die Entwicklung. Bis zum Jahr 2015 werden viele dieser Projekte dann auch in Produktion gehen – so sieht es jedenfalls die Planung der beteiligten Unternehmen vor. Doch heute stehen erst einmal die schon aktuell produzierenden Wolfram-Firmen im Fokus. Und eins vorweg: Das sind nicht so viele.

An der Spitze mit einer Jahresproduktion von aktuell rund 380.000 Tonnen Wolfram steht North American Tungsten. Doch das Unternehmen steht vor großen Herausforderungen. So gehen die Reserven bei der aktuellen laufenden Produktion in der Cantung Mine zur Neige. Laut aktueller Prognosen reichen die Reserven nur noch für vier Jahre Minenleben.

Sicherlich hat das Unternehmen noch ein neues Projekt in der Entwicklung. Und die Voraussetzungen bei dem Mactung Projekt sind mit einer Jahresproduktion von bis zu 720.000 Tonnen in den ersten fünf Jahren auch sehr positiv. Das ist ein Ergebnis der schon vorliegenden Vormachbarkeitsstudie.

Doch das Problem ist die Finanzierung: Hier benötigt North American Tungsten mehr als 400 Mio. Dollar. Das ist in dem aktuellen Marktumfeld ein sehr ambitioniertes Ziel. Auf Grund dieses Risikos ist die Aktie derzeit auch sehr niedrig bewertet mit nur rund 40 Mio. Euro.

Wolfram aus den Bergen Österreichs
Die aktuell zweitgrößte Mine außerhalb Chinas ist viel näher an Deutschland als die bisher beschriebenen Vorkommen: Es ist die Mittersil Mine in Österreich. Dort lag die Jahresproduktion zuletzt bei rund 140.000 Tonnen.

Der große Vorteil ist jedoch das noch sehr lange Minenleben von mehr als 20 Jahren. Das ist gut für den Wolframmarkt aber schlecht für Investoren, denn die Wolfram Bergbau und Hütten (WBH) als Betreiber der Mine ist nicht börsennotiert.

Diese Mine hat auf jeden Fall eine lange Tradition: Die Entdeckung des Vorkommens fand im Jahr 1967 statt und seit 1976 läuft die Produktion in der Mittersil Mine. Grundsätzlich wird daran auch deutlich, dass es Wolframvorkommen außerhalb Chinas gibt. Doch die marktbeherrschende Stellung des asiatischen Boomlandes ist derzeit noch das große Thema.

Und hier kommt den neuen Vorkommen außerhalb Chinas eine wichtige Bedeutung zu. Welche spannenden Projekte es da gibt, erfahren Sie in der nächsten Ausgabe zum Thema Wolfram.

Erfolgreiche Investments
wünscht Ihnen
Heiko Böhmer
Redaktion „Rohstoff-Giganten“

Quelle:http://www.gevestor.de/details/wolfram-das-sind-die-wichtigs…

[volvocb]

Antwort auf Beitrag Nr.: 43.633.875 von volvocb am 22.09.12 10:34:41

Woulfe Mining completes $5.23 million private
placement

August 31, 2012 – Vancouver, Canada – Woulfe Mining Corp. ("Woulfe” or
the “Company”) (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) is pleased to
announce that it has completed the brokered private placement with Dundee
Securities Ltd. as lead agent ("Dundee" or the "Lead Agent") announced on
August 14, 2012, placing an aggregate of 21,150,000 units (the "Units") of the
Company at a price of $0.20 per Unit for aggregate gross proceeds of $4,230,000
("the "Brokered Offering"). The Units comprised one common share of the
Company and one-half of one common share purchase warrant (each whole
warrant, a "Warrant"). Each Warrant is exercisable into one common share of
the Company at a price of $0.30 per share until August 31, 2014.
Dundee received a cash commission of $211,500 representing 5.0% of the gross
proceeds from the sale of the Units forming the Brokered Offering and an
aggregate of 1,057,500 warrants ("Agent's Warrants") equal to 5.0% of the
number of Units issued in the Brokered Offering. Each Agent's Warrant will
entitle the holder, on exercise, to purchase one Unit of the Company at a price of
$0.20 per Unit until August 31, 2014.
In addition to the Brokered Offering, the Company completed a non-brokered
private placement of a further 5,000,000 Units for aggregate proceeds of
$1,000,000 (the "Non-Brokered Offering" and together with the Brokered
Offering, the "Offerings").
All securities issued in connection with the Offerings will be subject to a four
month hold period expiring on January 1, 2013.
The gross proceeds of the Offerings will be used for the advancement of the
Company's properties in South Korea, the repayment of short term debt and for
general working capital purposes.
On Behalf of the Board of Directors
Woulfe Mining Corp.
Brian Wesson

Quelle: http://sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=0000…

[volvocb]

Antwort auf Beitrag Nr.: 43.633.879 von volvocb am 22.09.12 10:37:05

grauemuetze
schrieb am 31.08.12 19:47:49
Beitrag Nr.77662


http://www.visualcapitalist.com/portfolio/tungsten-an-indust…

Coole Grafik, nicht sicher ob bereits hier gepostet. Und nein, bin nicht in Largo involviert...

Quelle:http://www.visualcapitalist.com/portfolio/tungsten-an-indust…

[volvocb]

Antwort auf Beitrag Nr.: 43.633.883 von volvocb am 22.09.12 10:39:30

Woulfe 26.15-million-share private placement

2012-09-07 21:05 ET - Private Placement


This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.
Here is a sample of this item:
The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement for Woulfe Mining Corp. announced Aug. 14, 2012:


Number of shares: 26.15 million shares (of which five million are non-brokered)

Purchase price: 20 cents per share


Warrants: 13,075,000 share purchase warrants to purchase 13,075,000 shares


Insiders: First State Investments U.K. FSGR Fund 330,190; First State Investments U.K. GLRS Fund 1,718,004; Colonial First State Asset Management (Australia) Ltd. (portfolio managed) 2,951,806

Quelle:http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-19947…

[volvocb]

Antwort auf Beitrag Nr.: 43.633.890 von volvocb am 22.09.12 10:42:01

IMC completes due diligence and moves toward closing strategic transaction with Woulfe.

September 20th, 2012 – Vancouver, Canada – Woulfe Mining Corp. ("Woulfe” or the “Company”) (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) Today, Woulfe Mining received confirmation from IMC International Metal Working Company (“IMC”) that IMC is satisfied with the results of its due diligence of the Sangdong project, as required by the transaction agreements executed on February 26, 2012 (the “Transaction Agreements”), and will be working toward closing its investment in the Sangdong project, subject to the remaining conditions to the transaction.
Brian Wesson CEO and President commented; “The successful completion of due diligence marks an important milestone in the development of the Sangdong project. We look forward to working with IMC towards the completion of the transactions contemplated by the Transaction Agreements.”
On Behalf of the Board of Directors Woulfe Mining Corp.
“Brian Wesson”

Quelle:http://sedar.com/CheckCode.do;jsessionid=0000-u3htq1KO2fHNZF…

[volvocb]

Antwort auf Beitrag Nr.: 43.633.901 von volvocb am 22.09.12 10:47:41

Nochmal in Deutsch:

Woulfe Mining Corp.: IMC beendet Due Diligence und bereitet Abschluss der strategischen Vereinbarung mit Woulfe vor

Vancouver, Kanada - 20. September 2012 - Woulfe Mining Corp ("Woulfe" oder "das Unternehmen") (TSX VENTURE:WOF) (OTCQX:WFEMF) (FRANKFURT:OZ4) gab heute bekannt, die Bestätigung von International Metal Working Company ("IMC") erhalten zu haben, dass IMC mit dem Ergebnis der Due Diligence des Sangdong-Projektes zufrieden ist. Diese Bestätigung war eine Voraussetzung für die am 26.2.2012 unterzeichnete Vereinbarung. Somit kann IMC jetzt an seinem Investment in das Projekt weiterarbeiten, alle weiteren Abmachungen der Transaktion bestehen fort.

Brian Wesson, CEO und Präsident, kommentierte: “Der erfolgreiche Abschluss der Due Diligence stellt das Erreichen eines sehr wichtigen Meilensteins in der Entwicklung des Sangdong-Projektes dar. Wir sehen der Zusammenarbeit mit IMC zum Abschluss der gesamten Transaktion erfreut entgegen.“

Im Namen des Vorstandes
Woulfe Mining Corp.

Brian Wesson,
Präsident und CEO

Über Woulfe Mining Corp. „Freilegung globaler Ressourcen“

Die Woulfe Mining Corp. konzentriert sich auf die „Freilegung globaler Ressourcen“, indem es Projekte unterbewerteter natürlicher Ressourcen entdeckt und entwickelt. Das Unternehmen zeichnet sich zum einen durch seine bedeutende und umfassende technische Expertise im Bereich Design, zum anderen durch die Entwicklung und Durchführung von Minenprojekten aus.

Unser Leuchtturmprojekt ist die Sangdong Wolfram Mine in Süd-Korea, geschichtlich betrachtet, die größte Wolfram Mine seit mehr als 40 Jahren. Es wird erwartet, dass Sangdong die Produktion im vierten Quartal 2013 wieder aufnehmen wird. Woulfe ist strategische Vereinbarungen mit IMC eingegangen. Diese Kooperation bringt dem Unternehmen einen strategischen Vorteil hinsichtlich seines Abbaus, seiner technischen Verarbeitungsmöglichkeiten, den IMC nachgelagerten Fertigungskenntnissen sowie eines hohen Levels an Innovation und Qualität der für den globalen Wolframmarkt bestimmten Produkte. Woulfe ist ein an der TSX-V gelistetes Unternehmen. Weitere Informationen finden Sie auf der Webseite von Woulfe www.woulfemining.com oder durch E-Mail an [e-mail].

Für mehr Informationen wenden Sie sich bitte an:

Nicola Street Capital
Herrn Nick Smith
...

Quell:http://www.wallstreet-online.de/nachricht/5008116-irw-press-…

[volvocb]

Antwort auf Beitrag Nr.: 43.633.906 von volvocb am 22.09.12 10:50:27

August Presentation von Woulfe Mining

Quelle: http://www.woulfemining.com/i/pdf/presentations/presentation…

[volvocb]

Antwort auf Beitrag Nr.: 43.633.915 von volvocb am 22.09.12 10:54:12

ab 0,375 cad gehts aufwärts!
Ich hoffe wir halten die 0,32 cad nächste Woche.

[volvocb]

Antwort auf Beitrag Nr.: 43.633.943 von volvocb am 22.09.12 11:06:29

http://www.barchart.com/opinions/stocks/WOF.VN

Buy 88%

[volvocb]

Antwort auf Beitrag Nr.: 43.634.000 von volvocb am 22.09.12 11:26:09

What is next..


Sequence of Events
Sangdong Project

 IMC confirm due diligence moves to closing strategic alliance
($70M, eq 55c ).
 Start mining, production haul way
 Purchase land
 Process plant tenders
 Order long lead time items
 Update feasibility to include molybdenum, Korean mining cost
and updated resources
 Shinhan bank completes due diligence
 Shinhan closes US$110 M
 Production 12 to 15 months from funding

Seite 13 der August Presentation.


Quelle:http://www.woulfemining.com/i/pdf/presentations/presentation…


mit Goggle übersetzt:
 IMC bestätigen Due Diligence bewegt sich schließen strategische Allianz
($ 70M, eq 55c).
 Starten Bergbau, Produktion haul Weg
 Kauf Land
 Prozessanlagenbau Ausschreibungen
 Bestellen lange Vorlaufzeit Artikel
 aktualisieren Machbarkeit Molybdän, Korean Abbaukosten sind
und aktualisierten Ressourcen
 Shinhan Bank schließt Due Diligence
 Shinhan schließt US $ 110 M
 Produktion 12 bis 15 Monaten von der Finanzierung

[volvocb]

Antwort auf Beitrag Nr.: 43.634.028 von volvocb am 22.09.12 11:41:32

Wolfram
WOLFRAMERZ ($/T) NY
Rohstoffart: Rohstoffe

360,00 USD 0,0000%


Ich hoffe er geht bald wieder über die 400 USD rüber!

[volvocb]

Antwort auf Beitrag Nr.: 43.634.041 von volvocb am 22.09.12 11:46:30

Wolfram-Aktien Top 5 21.9.2012

VITAL METALS LTD
+9,09% 0,012 € 21.09.

WOULFE MINING CORP.
+4,85% 0,216 € 21.09. 19.50 Uhr Frankfurt

GALWAY RES LTD
+3,62% 0,945 € 21.09.

KING ISLAND SCHEELITE
+0,00% 0,052 € 21.09.

NORTH AMERICAN TUNGSTEN
+0,00% 0,14 € 21.09.

Wolfram-AktienFlop 5

NORTHCLIFF RESOURCES LTD
-26,14% 0,243 € 21.09.

PLAYFAIR MNG
-21,05% 0,015 € 21.09.

THOR MINING PLC LS-,003
-11,11% 0,008 € 21.09.

SULTAN MINERALS
-3,85% 0,025 € 21.09.

LARGO RES LTD
-1,71% 0,172 € 21.09.

Quelle:http://www.rohstoff-welt.de//aktien/chart.php?isin=CA98212A1…

[volvocb]

Antwort auf Beitrag Nr.: 43.634.059 von volvocb am 22.09.12 11:50:51

Analyst Research ReportsReport Title Price
Woulfe Mining

Provider: Standard & Poor's Factual Report $ 127,00 20.9.12
Buy
Woulfe Mining Corp: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile $ 20,00
Buy
Woulfe Mining Corp. (WOF) - Financial and Strategic SWOT Analysis Review
Provider: GlobalData $ 311,00
Buy
CEO INTERVIEW: Woulfe Mining Corp. - Brian Wesson
Provider: Wall Street Transcript ,The $ 200,00
Buy
Woulfe Mining Corp. (WOF) - Financial and Strategic SWOT Analysis Review
Provider: GlobalData $ 276,00
Buy


Quelle:http://www.reuters.com/finance/stocks/overview?symbol=WOF.V

[volvocb]

Antwort auf Beitrag Nr.: 43.634.062 von volvocb am 22.09.12 11:52:39

Widerstände bei 0,325 und 0,405 cad.
Up to the Sky.

[volvocb]

Antwort auf Beitrag Nr.: 43.634.095 von volvocb am 22.09.12 12:03:23

Ich hoffe, ich habe keine Nachrichten vergessen, viel Spaß beim lesen.

[Retto]

Besten dank

[GR11]

@Volvocb:

Wie immer bekommst Du meine volle Hochachtung für deine Verdienste/ Arbeit. Mach bitte weiter so!

Gruß, GR11

[volvocb]

Ist zwar von August 2011, aber trotzdem interessant:

Update by Objective Capital , Aug 24, 2011. Our revised valuation is adjusted upward, to C .69 per share. Based on these developments, our base-case valuation of Woulfe increases from C .46 per share to C .69 per share. Our more optimistic assessment, based on higher confidences of exploration and development success, increase modestly from C$1.20 to C$1.33 per share. Assuming success at all stages through feasibility and permitting, our base-case and optimistic assessments increase to C$1.50 and C$2.92 per share respectively.

Quelle:http://www.wallstreet-online.de/diskussion/1090248-77921-779…

[volvocb]

Antwort auf Beitrag Nr.: 43.643.335 von volvocb am 25.09.12 16:08:24

Woulfe Mining Announces Shinhan Bank Moves Forward With Due Diligence for Sangdong Project Financing


VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 25, 2012) - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF)(OTCQX:WFEMF)(FRANKFURT:OZ4) is pleased to announce that further to its press release dated September 20, 2012 confirming that International Metal Working Companies B.V. ("IMC") have confirmed their satisfaction with due diligence results on the Sangdong project, Woulfe is now moving forward with its proposed KRW 168 Billion (US$150 million) debt financing with Shinhan Bank, as announced on July 11, 2012. Shinhan Bank is one of the largest commercial banks in Korea. On completion of formal due diligence over the next 4-6 weeks, the parties are expected to move to binding debt financing agreement.

The Sangdong mine and process plant will be funded with $35 million in equity from IMC and US$150 million in debt from Shinhan bank. The APT refinery joint venture company will be funded with US$35 million invested by IMC and by Woulfe through debt and equity.

Brian Wesson, CEO and President, commented; "Woulfe is now focused on moving the project development forward and finalizing the financing as quick as possible."

On Behalf of the Board of Directors

Woulfe Mining Corp.

Brian Wesson (FAusIMM), President, CEO and Director


Quelle:http://www.marketwire.com/press-release/woulfe-mining-announ…

[volvocb]

Update by Objective Capital , Aug 24, 2011 (login for full report)
Click for previous reports on this company
Questions? Contact our analyst

Key Points:
■Continued drilling at Sangdong has allowed the preparation of a mineral resource estimate
Woulfe Mining has wrapped up a Phase 1 drilling programme at Sangdong that has produced assays exceeding expectations of both grade and width across the three mineralised zones. The drilling programme targeted the remaining mineralisation in the upper section of the mine above the second level, for mine planning and feasibility reserve estimation purposes.
The Main zone yielded 0.64% tungsten oxide (WO3) over a true width of 10.2 metres. The Footwall zone yielded 0.43% WO3 over 10.4 metres, while the Hangingwall zone yielded 0.49% WO3 over 7.5 metres.

In July, Woulfe received an NI 43-101-compliant mineral resource estimate prepared by Wardrop for the upper portion of Sangdong, accounting for approximately 25 percent of the mineralisation. The estimate, which is based on modern drilling only, included an indicated resource of 5.968 million tonnes averaging 0.42% WO3 and 0.04% molybdenum disulfide (MoS2). This resource is based on drilling at 25-metre centres and has a high degree of confidence. A further inferred resource of 18.57 million tonnes averaged 0.45% WO3 and 0.05% MoS2.

In 2010, Wardrop prepared a mineral resource estimate for the entire Sangdong deposit. This included a 45.8 million-tonne inferred resource in the Hangingwall zone, which averaged 0.32% WO3 and 0.05% MoS2, and a 57.4 million-tonne inferred resource in the Footwall zone, which averaged 0.37% WO3 and 0.04% MoS2. This resource was based on extensive historical drilling data, but which did not meet current NI 43-101 quality standards, resulting in an inferred classification.

■Woulfe has obtained a US$300m valuation opinion for Sangdong
The company commissioned Ross Glanville and Associates to prepare a valuation opinion of the fair market value of Sangdong. This work arrived at a net present value, discounted at 8 percent, of US$300m, within a range of US$200m to US$400m. Some of the key assumptions used by Glanville were a US$375 per metric tonne unit price for WO3, a mine operating at 1.2 million tonnes per year for 21 years, and an average grade of 0.41% WO3.
■Woulfe has refined its proposed mine plan, reducing costs and shrinking timelines
The company has prepared a new capital cost estimate for a Sangdong mine, based on construction of a 1.2-million-tonne-per-year operation. Woulfe commissioned Contromation Indonesia, an independent company with extensive experience in design and construction of projects in Asia, to design and cost the processing plant for Sangdong. Based on the crushing and milling portion of the design, the company now expects the capital cost for development at US$135m, approximately 10 percent less than our earlier assumption of US$150m for a comparable operation. The company’s scoping study had projected a capital cost of US$289m for a 2.4-million-tonne-peryear mine.
The revised estimate carries a level of accuracy of approximately 20 percent. As a result, we have decreased our capital cost estimate to US$145m, whilst retaining our more conservative view.

Woulfe’s current plan calls for an underground drift-and-fill mining operation focused on the top 25 percent of the deposit, which lies primarily above the valley floor on the eastern side of the deposit. This area, which hosts the recently calculated resource estimate, has sufficient indicated resource to support a five-year mine life, and probably in excess of 10 years, assuming a substantial portion of the inferred resource can be upgraded.

We continue to hypothesise that Sangdong will eventually yield a significantly larger resource, allowing for further expansion of the mine plan in future years. As a result, we continue to hypothesise expansion in future years at Sangdong, reaching a rate of 2.4 million tonnes per year at a cost of US$105m before inflation.

■Woulfe is maintaining its aggressive timelines with no discernible slippage
The company has an aggressive development plan for the next year at Sangdong. Woulfe continues with its prefeasibility study of Sangdong, and anticipates publication of the report by the end of September. This would immediately be followed by a full feasibility study, expected to be complete early next year. Final permitting and construction would follow, and Woulfe’s management anticipates placing Sangdong into production by the end of 2012.
■Higher tungsten prices have a positive impact on our valuation
Since our initiation note of April 2011, the price of ammonium paratungstate has increased significantly, in excess of 15 percent. This short-term variation has a significant impact on our model, given tungsten’s lengthy time to revert to the longterm mean, some 12 years, and the relatively short timeline to commencement of production. Lower interest rates also have a positive impact on our valuation.
■An agreement with Korea Zinc remains an uncertainty for valuation purposes
Korea Zinc, a large Woulfe shareholder, had a 60-day option to take up 51 percent of the project for an investment of C$38m into Sangdong Mining Corp, a joint venture company. This option expired in February 2011. Woulfe subsequently agreed to provide Korea Zinc an exclusivity period during which Woulfe would not finance the project until the drilling programme was completed and KZ had an opportunity to make a revised offer.
Woulfe remains in discussions with Korea Zinc and with other parties to secure non-dilutive equity financing, followed by debt financing to cover the majority of the capital costs. Woulfe’s management believes the company has several options to obtain required financing.

As a result, we continue to value Woulfe based on a 100-percent interest in Sangdong. Should the remaining terms of the agreement close as originally negotiated, Woulfe’s interest in the project would decrease to 49 percent, reducing the value flowing through to Woulfe by approximately one-half. This would be mitigated, at least in part, by a concurrent cash contribution to Woulfe, or more likely, to a joint venture company.

■Our revised valuation is adjusted upward, to C
.69 per share
Based on these developments, our base-case valuation of Woulfe increases from C
.46 per share to C
.69 per share. Our more optimistic assessment, based on higher confidences of exploration and development success, increase modestly from C$1.20 to C$1.33 per share. Assuming success at all stages through feasibility and permitting, our base-case and optimistic assessments increase to C$1.50 and C$2.92 per share respectively.

Quelle:http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&…

[volvocb]

Woulfe Mining to start Sangdong construction Oct. 8

2012-09-26 08:45 ET
Mr. Brian Wesson reports

WOULFE MINING'S SANGDONG PROJECT ENGAGES A MINING CONTRACTOR; INITIAL BLAST OF MAIN PORTAL SCHEDULED ON OCTOBER 8, 2012

Woulfe Mining Corp.'s 100-per-cent-owned subsidiary, Sangdong Mining Corp., has signed a contract for the development of the main access portal and a commercial-scale mine on the Sangdong property.

Brian Wesson, chief executive officer and president, commented, "This is a significant milestone for Sangdong as it is the official start of mine construction and it comes at a substantially lower cost than we budgeted, suggesting much escalated project economics and corporate value."

The mining contractor, appointed through a competitive bid among six qualified mining contractors in Korea, will supply all the mining equipment, labour and consumables at a cost of 14,130 won (or $12.63 (U.S.) at the prevailing exchange rate) per tonne of ore delivered to the crusher. Tetra Tech, in the feasibility report released on April 20, 2012, estimated the mining cost at $33.32 (U.S.) per tonne of ore.

This significant reduction in the mining cost should have a very positive impact on project economics. Notable benefits include substantial saving in operating cost as the mining cost constitutes 53.9 per cent of the total operating costs estimated in the feasibility report and the lowered cut-off grade resulting in more minable resources. The initial blast of the main access portal is scheduled to take place on Oct. 8, 2012.

The mining contractor appointed has strong technical experience gained in underground mines as well as construction of numerous road and railway tunnels in Korea. The contractor possesses large underground mine vehicle fleets, and qualified mining and civil engineers that will be deployed to the Sangdong project.

Woulfe has commissioned TetraTech (Wardrop) to assess the new mining contract and its impact on feasibility, project economics and resources for the Sangdong property. This will be done in conjunction with the update of the Sangdong resources which will take into account the additional drilling (7.195 metres) carried out since February, 2012, the previous cut-off date for the feasibility drilling.

Quelle:http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-19991…

[volvocb]

Antwort auf Beitrag Nr.: 43.653.173 von volvocb am 27.09.12 16:19:45

nochmal in Deutsch:

Woulfe Mining Sangdong Projekt greift einen Bergbau-Auftragnehmer; Anfängliche Blast of Main Portal am 8. Oktober 2012 geplant


27. September ^th, 2012--Vancouver, Kanada--Woulfe Mining Corp. ("Woulfe" oder das "Unternehmen") (TSX-v: WOF, OTCQX: WFEMF, Frankfurt: OZ4) gibt bekannt, dass seine 100 % ige, Tochtergesellschaft, Sangdong Mining Corp., hat einen Vertrag für die Entwicklung des Portals Hauptzugang und ein kommerziellen Maßstab mir auf der Sangdong-Eigenschaft.

Brian Wesson CEO und Präsident kommentiert; "Dies ist ein bedeutender Meilenstein für Sangdong, wie es der offizielle Start des Bergwerk-Bau ist und es zu wesentlich geringeren Kosten kommt als wir budgetiert, was darauf hindeutet, dass viel Projekt Wirtschaft und Unternehmenswert eskaliert."

Der Bergbau-Auftragnehmer, ernannt durch eine wettbewerbsfähige Gebot unter sechs qualifizierten Bergbau Bauunternehmer in Korea, wird alle Bergbaumaschinen, Arbeit und Verbrauchsmaterialien zu einem Preis von KRW14, 130 (oder US$ 12.63 zum vorherrschenden Wechselkurs) pro Tonne Erz geliefert an den Brecher liefern. Tetra Tech, in der Durchführbarkeitsstudie, veröffentlicht am 20. April 2012, schätzungsweise die Bergbau-Kosten US$ 33,32 pro Tonne Erz.

Diese deutliche Verringerung der Bergbau-Kosten sollten sich sehr positiv auf Projekt Wirtschaft haben. Bemerkenswerte Vorteile sind erhebliche Einsparung in Betriebskosten als die Bergbau-Kosten eine 53,9 % der gesamten Betriebskosten geschätzt in der Durchführbarkeitsstudie und der gesenkten Cut-Off-Grad, was in mehr abbaubare Ressourcen darstellt. Die erste Explosion des Portals Hauptzugang wird voraussichtlich am 8. Oktober 2012 stattfinden.

Die Bergbau-Beauftragte ernannt hat starke technische Erfahrungen in untertägigen Bergwerken sowie Bau von zahlreichen Straßen- und Eisenbahn-Tunnel in Korea. Der Auftragnehmer verfügt über große unterirdische Grube Fahrzeugflotten und qualifizierte Bergbau und Bauingenieure, die das Projekt Sangdong bereitgestellt wird.

Woulfe hat TetraTech (Wardrop), um die neuen Bergbau-Vertrag und seine Auswirkungen zu bewerten auf Machbarkeit, Projekt Wirtschaft und Ressourcen für die Eigenschaft Sangdong in Auftrag gegeben. Dies erfolgt in Verbindung mit dem Update der Sangdong Ressourcen die zusätzliche Bohrungen (7.195metres) seit Februar 2012, die früheren Stichtag für die Durchführbarkeit Bohren durchgeführten berücksichtigen wird.

Im Namen des Verwaltungsrates

Woulfe Mining Corp.

"Brian Wesson"

Quelle:http://www.wallstreet-online.de/diskussion/1090248-77981-779…

[volvocb]

Antwort auf Beitrag Nr.: 43.653.218 von volvocb am 27.09.12 16:25:52

September 27, 2012 08:30 ET

Woulfe Mining Reports Drill Results for the Sangdong Drilling Program


VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 27, 2012) - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF)(OTCQX:WFEMF)(FRANKFURT:OZ4) is pleased to announce assay results for samples associated with the drilling program at Sangdong. Drilling from underground locations at Sangdong is continuing and the results will be used to progressively update the Resource estimate.

This batch of assay results comprises 14 holes, of which four were drilled from Sangdong Level, three were drilled from -1 Level, and seven were drilled from raises and ladderways between Sangdong and 1 Levels. Most were short holes of 30-50 metres length targeting the Footwall Zones between 1 Level and Taebaek Level. The Sangdong Level holes were located towards the western end of the orebody and were designed to test all three lodes. Three holes terminated in Main Zone voids and the fourth located at the western extremity encountered thin mineralisation in both the Main and Hangingwall Zones.

Significant Footwall Zone intersections include 4.7 metres true width at 1.13% WO3 (WSDD0119) and 8.4 metres true width at 0.56% WO3 including 5.5 metres true width at 1.02% WO3, (WSDD0121).

.......
Tabelle!

Significant drill intercepts, defined as any mineralisation of 1 metre lengths or longer, are presented in the tables above. A cut-off of 0.15% WO3 was used for the intersection calculations.

The drilling program is targeting the unmined mineralisation in the upper section of the mine above the current water level for mine planning and feasibility reserve estimation purposes. The resource for this section of the mine was re-estimated following the completion of 90 holes in the current drilling program, resulting in an Indicated Resource of 16.4 million tonnes at 0.45% WO3, 0.04% MoS2 and an Inferred Resource of 19.4 million tonnes at 0.44% WO3, 0.05% MoS2 at a cut-off of 0.15% WO3. The resource below the valley floor is 34.519 million tonnes at 0.47% WO3, 0.07% MoS2 cut off 0.15% WO3.

The samples are prepared on-site in Korea to appropriate industry standards and sent to SGS Perth, Australia for analysis. Samples are analysed by Inductively Coupled Plasma Mass Spectrometry (ICP) and for ore-grade quantities of specific elements by aqua regia or 4-acid digestion followed by ICP analysis. Molybdenum is analysed by X-ray fluorescence. The QA/QC protocol comprises insertion of one standard, one blank (crushed glass) and one pulp duplicate in every batch of 20 samples. No QA/QC results are available as yet.

This news release has been reviewed and approved in the form and context in which it appears by Mr Paul Gribble FIMMM, C.Eng, of Tetra Tech Wardrop, who is working with Woulfe on the Sangdong studies. Mr Gribble has appropriate qualifications and sufficient relevant experience to qualify as a Qualified Person for the reporting of exploration results and Mineral Resources for the Sangdong deposit.

On Behalf of the Board of Directors

Woulfe Mining Corp.

Brian Wesson (FAusIMM), President, CEO and Director


Quelle:http://www.marketwire.com/press-release/woulfe-mining-report…

[volvocb]

Antwort auf Beitrag Nr.: 43.653.228 von volvocb am 27.09.12 16:28:14

nochmal in Deutsch: September 27, 2012 08:30 ET

Woulfe MINING MELDET BOHRERGEBNISSE FÜR DIE Sangdong Bohrprogramms

Woulfe Mining Corp hat Assay-Ergebnisse für Proben mit dem Bohrprogramm auf Sangdong assoziiert veröffentlicht. Bohren von unterirdischen Räumen auf Sangdong wird fortgesetzt und die Ergebnisse werden verwendet, um schrittweise Aktualisierung der Ressourcenschätzung werden.

Dieser Ansatz der Testergebnisse umfasst 14 Löcher, von denen vier aus Sangdong Ebene drei gebohrt wurden von -1 Ebene gebohrt wurden, und sieben wurden aus Erhöhungen und ladderways zwischen Sangdong und 1 Ebenen gebohrt. Die meisten waren kurze Löcher von 30 bis 50 Metern Länge gezielt die Footwall Zonen zwischen 1 Ebene und Taebaek Ebene. Die Sangdong Ebene Löcher wurden in Richtung der westlichen Ende der Erzkörper gelegen und wurden entwickelt, um alle drei Adern zu testen. Drei Löcher in Main Zone Hohlräume beendet und die vierte am westlichen Ende befindet begegnet dünne Mineralisierung sowohl in den Haupt-und Hangingwall Zonen.

Signifikante Footwall Zone Abschnitte beinhalten 4,7 m wahre Breite mit 1,13 Prozent WO3 (WSDD0119) und 8,4 m wahre Breite von 0,56 Prozent WO3, einschließlich 5,5 m wahre Breite bei 1,02 Prozent WO3 (WSDD0121).

Tabelle ....

Signifikante Bohrabschnitte, wie jeder Mineralisierung von einem Meter Länge oder mehr definiert ist, werden in der Tabelle dargestellt. Ein Cut-off von 0,15 Prozent WO3 wurde für die Schnittpunkte Berechnungen verwendet.

Das Bohrprogramm zielt auf den nicht abgebauten Mineralisierung im oberen Teil der Mine über dem aktuellen Wasserstand für Minenplanung und Machbarkeit Reserve Schätzung Zwecke. Die Ressource für diesen Abschnitt der Mine wurde neu geschätzt nach Abschluss der 90 Löcher in der aktuellen Bohrprogramms, was zu einer angezeigten Ressource von 16,4 Mio. Tonnen mit 0,45 Prozent WO3 und 0,04 Prozent MoS2, sowie eine abgeleitete Ressource von 19,4 Millionen Tonnen mit 0,44 Prozent WO3 und 0,05 Prozent MoS2, bei einem Cut-off von 0,15 Prozent WO3. Die Ressource unter dem Talboden ist 34.519.000 Tonnen mit 0,47 Prozent WO3 und 0,07 Prozent MoS2 cut-off 0,15 Prozent WO3.

Die Proben werden vor Ort in Korea entsprechende Industrie-Standards vorbereitet und an SGS Perth, Australien, zur Analyse. Die Proben werden durch induktiv gekoppelte Plasma-Massenspektrometrie und erzhaltigen Mengen bestimmter Elemente mit Königswasser oder vier Säureaufschluss durch ICP-Analyse analysiert. Molybdän wird durch Röntgen-Fluoreszenz analysiert. Die Qualitätssicherung / Qualitätskontrolle Protokoll umfasst Insertion einer Standardprobe, eine Blindprobe (Glasscherben) und ein Zellstoff in jeder Charge von 20 Proben zu duplizieren. Keine QA / QC-Ergebnisse stehen noch.

Diese Pressemitteilung wurde überprüft und in Form und Kontext, in dem es scheint, von Paul Gribble, FIMMM, CEng von Tetra Tech Wardrop, der mit Woulfe arbeitet auf der Sangdong Studien zugelassen. Mr. Gribble verfügt über entsprechende Qualifikationen und ausreichend relevante Erfahrung, um als qualifizierte Person für die Berichterstattung über Explorationsergebnisse und Mineralressourcen für die Sangdong Lagerstätte zu qualifizieren.

Quell:http://www.wallstreet-online.de/diskussion/1156185-561-570/w…

[volvocb]

Woulfe drills 11.7 m of 0.52% WO3 at Sangdong

2012-10-02 08:41 ET - News Release
Mr. Brian Wesson reports

WOULFE MINING REPORTS DRILL RESULTS FOR THE SANGDONG DRILLING PROGRAM

Woulfe Mining Corp. has released assay results for samples associated with the drilling program at Sangdong. Drilling from underground locations at Sangdong is continuing and the results will be used to progressively update the resource estimate.

This batch of assay results consists of 16 holes, consisting of three holes drilled from Sangdong level and 13 holes drilled from minus-1 level. Most of the minus-1 level holes were 20 metres to 50 metres in length and targeted the Footwall zones. The Sangdong level holes were located toward the western end of the orebody and were 50 m to 80 m in length. Two of the holes targeted the Hangingwall zone and two were collared within the Main zone.

..... (Tabelle)

Significant Footwall zone intersections include 11.7 metres true width at 0.52 per cent WO3 (WSDD0122), 3.7 metres true width at 0.74 per cent WO3 (WSDD0126) and 4.2 m true width at 0.59 per cent WO3 including 1.1 m true width at 1.00 per cent WO3 (WSDD0136).

The significant drilling results are summarized as below:


A cut-off of 0.15 per cent WO3 was used for the intersection calculations.


The drilling program is targeting the unmined mineralization in the upper section of the mine above the current water level for mine planning and feasibility reserve estimation purposes. The resource for this section of the mine was re-estimated following the completion of 90 holes in the current drilling program, resulting in an indicated resource of 16.4 million tonnes at 0.45 per cent WO3, 0.04 per cent MoS2 and an inferred resource of 19.4 million tonnes at 0.44 per cent WO3, 0.05 per cent MoS2 at a cut-off of 0.15 per cent WO3. The resource below the valley floor is 34,519,000 tonnes at 0.47 per cent WO3, 0.07 per cent MoS2 at a cut-off of 0.15 per cent WO3.

The samples are prepared on site in Korea to appropriate industry standards and sent to SGS Perth, Australia, for analysis. Samples are analyzed by inductively coupled plasma mass spectrometry and for ore-grade quantities of specific elements by aqua regia or four-acid digestion followed by ICP analysis. Molybdenum is analyzed by X-ray fluorescence. The quality assurance/quality control protocol consists of insertion of one standard, one blank (crushed glass) and one pulp duplicate in every batch of 20 samples. No QA/QC results are available as yet.

This news release has been reviewed and approved in the form and context in which it appears by Paul Gribble, FIMMM, CEng, of Tetra Tech Wardrop, who is working with Woulfe on the Sangdong studies. Mr. Gribble has appropriate qualifications and sufficient relevant experience to qualify as a qualified person for the reporting of exploration results and mineral resources for the Sangdong deposit.

Quelle:http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-20010…

[volvocb]

Woulfe begins blasting at Sangdong production portal

2012-10-09 09:12 ET - News Release


Mr. Brian Wesson reports

WOULFE MINING ANNOUNCES FIRST BLAST OF PRODUCTION PORTAL AT SANGDONG PROJECT

The first blast took place as scheduled on Oct. 8, 2012, at Woulfe Mining Corp.'s Sangdong tungsten/molybdenum project in South Korea. The new portal has been named the Woulfe drive, after the parent company.

The initial production area is only 50 metres from the current portal position. The development of the six-metre-square access drive will take 60 days to reach the initial mining area.

Having all mining permits in place, Woulfe is able to focus on mining the high-grade eastern section of the main and footwall mineralization, over the next 12 months. Run-of-mine ore will be stockpiled on surface pending the completion of the crushing plant in the middle of next year. The ore will then be crushed to passing 10 millimetres, and then stockpiled until the mill and flotation plant are completed in the latter part of 2013.

Woulfe currently has 68 staff on site, mining and preparing the site for construction. Trial mining and exploration have yielded over 10,000 tonnes currently stockpiled on surface.

Brian Wesson, chief executive officer and president, commented, "Having lost time completing Woulfe's strategic agreements with IMC, we are now completely focused on bringing Sangdong to production and achieving positive cash flow."

Quelle:http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-20023…

[volvocb]

Antwort auf Beitrag Nr.: 43.700.090 von volvocb am 10.10.12 22:03:06

Woulfe Mining completes first blast at South Korea project

10th October 2012

TORONTO (miningweekly.com) – TSX-V-listed Woulfe Mining, which is developing the Sangdong tungsten/molybdenum project, in South Korea, on Tuesday said the first blast to create the new production portal to the mine was successfully completed.

The new portal, which had been named the ‘Woulfe drive’, would provide access to the first production zone that lies only 50 m from the portal entrance.

Woulfe said construction of the 6 m2 access drive would take about 60 days to reach the initial production area. All the permits were in place to start production from the high-grade eastern section of the main and footwall mineralisation, over the next 12 months.

Run-of-mine ore would be stockpiled on the surface pending the completion of the crushing plant by mid-2013. Trial mining and exploration had already resulted in about 10 000 t of ore being stockpiled on the surface.

The ore would then be crushed to 10 mm grid size, and then stockpiled until the mill and flotation plant were completed in the second half of 2013. 



A feasibility report completed in April put the project's net present value (NPV) at $400.3-million and the internal rate of return (IRR) at 46%, resulting in the 6% debt having a significantly positive impact on the NPV and IRR.

The company’s Toronto-traded stock closed at 28.5 Canadian cents apiece on Tuesday.

Edited by: Creamer Media Reporter

Quell:http://www.miningweekly.com/article/woulfe-mining-completes-…

[volvocb]

Antwort auf Beitrag Nr.: 43.700.101 von volvocb am 10.10.12 22:05:30

http://www.woulfemining.com/s/PhotoGallery.asp 3 neue Fotos!

http://www.woulfemining.com/s/VideoGallery.asp 1 neues Video!

[volvocb]

Antwort auf Beitrag Nr.: 43.700.124 von volvocb am 10.10.12 22:11:58

Am 31.10.2012 findet die 6. Deutsche Rohstoffmesse in Frankfurt/M. statt.

Mit dabei: Rocktech und Woulfe Mining; 16.45 Uhr Podiumsdiskussion

Hier der Link: http://www.deutsche-rohstoffmesse.de/

Quelle:
http://www.wallstreet-online.de/diskussion/1090248-78121-781…

[volvocb]

Antwort auf Beitrag Nr.: 43.718.090 von volvocb am 16.10.12 17:13:16

Oct. 11, 2012

Tungsten: Markets, Competitors and Opportunities 2012 - 2022 Analysis and Forecasts

Tungsten's unique properties make it essential to the manufacture of everything from drill bits to cruise missiles; there are no known substitutes. China currently dominates the supply of tungsten and is expected to do so for the next decade. However, the Chinese government has adopted restrictive policies including implementing quota systems, increasing tax rates and pushing for industry consolidation, etc. to reorganize its tungsten industry, the same as in its rare earth industry. Chinese primary tungsten production will be curbed to half its historical growth rate going forward. Further, very few tungsten mines outside of China are expected to be in production, or close to beginning production, during the next few years.

This report provides an in-depth look at the global tungsten industry including: tungsten production, demand, prices, world trade and market outlook; China's role in tungsten supply, consumption, industry consolidation, pricing and shortages; detailed analysis of the global tungsten market by segment from 2012 to 2022; key strategic issues; regional trends; new technologies; competitive landscape; top players in the market; and more.

An Executive Summary for this report and free sample pages from the full document are available at http://www.giiresearch.com/report/ambe252362-tungsten-market…

Molybdenum: Market outlook to 2016, 11th edition 2012

Global demand for molybdenum-bearing stainless and alloy steels rose sharply in 2010 and 2011, and the new molybdenum market forecast provided by Roskill projects the market will continue its rise through at least 2016, despite the prevailing economic uncertainty arising from the Eurozone debt crisis. The main industrial stimuli for this will come from the continuing transformation of the economies in China, India, Brazil and other smaller, mainly Asian, countries where the need for steels and other alloys able to operate in extreme conditions is expanding.

The long term price prospects for molybdenum, however, are uncertain. There appears to be sufficient existing mine capacity in 2012 and there is an additional 140ktpy under review of relatively low cost by-product molybdenum in new copper-molybdenum mining projects. On top of this, there is another100ktpy of potential supply in molybdenum-driven projects. The counter balance to this potential oversupply is that the global market for molybdenum is expected to grow by some 60ktpy by 2016. It is also highly probable that many projects on the drawing board will be delayed or postponed. Furthermore, production costs at a minimum of $12/lb in the large Chinese molybdenum-only mining industry should provide an effective floor price going forward.

The greater use of molybdenum steels, high performance alloys and catalysts, combined with robust growth in the economies of the 'BRIC' countries and other countries in Asia and South America, will ensure growing future demand for molybdenum. Return to higher growth in the developed economies of North America, Europe and Japan from 2013 onwards should also stimulate the molybdenum market.

An Executive Summary for this report and free sample pages from the full document are available at http://www.giiresearch.com/report/ros243526-molybdenum-marke…

More rare metals market research…

PR Newswire (http://s.tt/1pQih)

Quelle:http://www.prnewswire.com/news-releases/rising-demand-for-tu…

[volvocb]

Antwort auf Beitrag Nr.: 43.718.129 von volvocb am 16.10.12 17:18:06

WOLFRAMERZ ($/T) NY

Rohstoffart: Rohstoffe

von 360 auf
350,00 USD gefallen!

[volvocb]

26.10.12
Letter to Shareholders

The Board of Directors of Woulfe Mining Corp. (“Woulfe” or the “Company”) would like to take this
opportunity to update our shareholders on the progress made by Woulfe since early 2010.
Notwithstanding the difficult market conditions, particularly for junior resource companies, your
Company’s market capitalization has increased from approximately C$5 million to approximately C$100
million.
To recap, in late 2009, Westech International (a company controlled by Brian Wesson) was one of many
entities approached by Oriental Minerals (Woulfe’s previous name) to invest, at a time when the
Company’s prospects were at an all‐time low due to poor management, pressing creditors and
disillusionment by the local authorities. Westech recognized the quality of the Company’s assets in
South Korea, notably the world‐class Sangdong Tungsten/molybdenum Project and, with the backing of
Colonial First State Bank of Australia, assisted with refinancing the Company. By early 2010, the
Company was rebranded as Woulfe Mining Corp. and the Board of Directors was replaced, except for
John Icke, the CEO of major shareholder Resinco Capital Partners.
The new Board of Directors comprises Westech nominees Brian Wesson (CEO and President) and Amelia
Wesson (VP Admin), plus three independent directors, including David Constable and Hubert Marleau
who were both recommended by institutional shareholders. For the first time, the Company had an
experienced mining man at the top in Brian Wesson, a mining engineer with extensive underground
mining and development experience in South Africa, Fiji and Australia. Prior to taking the helm of
Woulfe, Brian and Amelia Wesson were instrumental in the re‐commissioning of the Vatakoula Gold
Mine in Fiji. Amelia Wesson’s skills relate to the ‘soft’ issues which often present major challenges to a
company, such as the Company’s relationship with the community and government authorities,
environmental issues and personnel management.
The original Sangdong scoping study, initiated by the Company in 2007 and based on large‐scale 7
million tonnes per annum open pit mining, effectively on hold during the Global Financial Crisis, was
reworked on the basis of underground mining with significantly reduced environmental and permitting
requirements. The study was completed by Tetra Tech (Wardop) UK (“Tetra Tech”) in March 2010 and
demonstrated robust project economics at a tungsten price of US$250 per metric tonne unit (“mtu”) of
ammonium paratungstate (“APT”). At a mining rate of 2.5 million tonnes per annum and an initial capital
expenditure of US$289 million, the study generated a pre‐tax net present value of US$462 million at an
8% discount rate, with an internal rate of return of 26%. As a result, Woulfe moved to 70% ownership of
Sangdong with the completion of this study.
Mining approval was subsequently granted in June 2010 by the Gangwon provincial government in
South Korea and the old workings in the upper section of the mine above the natural water level were
opened up and rehabilitated for drilling access and bulk sampling. Tetra Tech commenced work on the
feasibility study in mid‐2010 and feasibility drilling was carried out on the upper levels. The objective of
the drilling was to upgrade sufficient Inferred resource to Measured/Indicated status to complete the
feasibility study by a cut‐off date in late 2011.
In January 2011, the Company entered into a Heads of Agreement with Korea Zinc Co Ltd who invested
C$10 million in Woulfe at C$0.30 per share. Korea Zinc had an option to acquire a 51% interest in
Sangdong, however this option lapsed as Korea Zinc had not completed due diligence by the end of the
three month option period. Over the following 12 months, work continued on the feasibility study with
three drill rigs operating underground and bulk samples sent to laboratories in Australia and China for
definitive metallurgical testwork. Approximately 90 holes for 7,960 metres were completed by the
November 2011 cut‐off date, in addition to the 90 holes for 22,800 metres completed in 2008.
In December 2011, the Company acquired the 2% net smelter royalty payable to the vendor of
Sangdong and moved to 100% ownership of the project by paying US$3.5 million. In early 2012, Tetra
Tech completed the updated resource estimate for the feasibility study, with the estimate broadly split
into two deposits defined by the old 2 Level, to reflect the greater confidence in the upper resource
targeted by the Woulfe drilling. The estimate at a lower cut‐off grade of 0.15% WO3 was 16.4 million
tonnes at 0.45% WO3 and 0.04% MoS2 (Indicated) and 19.4 million tonnes at 0.44% WO3 and 0.05%
MoS2 (Inferred) above 2 Level, and 34.5 million tonnes at 0.57% WO3 and 0.07% MoS2 (Inferred) below
2 Level, totalling 70.3Mt at 0.51% WO3 and 0.06% MoS2 (under NI43‐101 we cannot add inferred and
measured/indicated – maybe we provide the total contained tungsten in lbs or mtus). This compares
with the scoping study estimate of 103.2 million tonnes at 0.35% WO3 and 0.04% MoS2 (Inferred) and
reflects the tighter geological control and improved understanding gained from the underground access
and drilling.
With the redevelopment of the historic Sangdong Mine now firmly back on track after two years of
competent management, Hanmi Global Co. Ltd. of South Korea was appointed as construction manager.
As the largest construction and project management company in South Korea, Hanmi Global is a
prominent global firm currently engaged in more than 100 projects in approximately 40 countries. The
engagement of the experienced construction management company will allow Woulfe to accelerate the
tendering and appointment of contractors, and will contribute to building the mine and processing
plants in a cost‐competitive and time‐efficient manner.
This also coincided with Woulfe entering into a strategic arrangement with IMC International
Metalworking Companies BV (“IMC”), a subsidiary of Berkshire Hathaway, to invest in the Sangdong
Project which, subject to the satisfactory completion of due diligence, would involve:
IMC immediately advancing C$5 million to the Woulfe subsidiary, Sangdong Mining Corp (“SMC”);
IMC acquiring a 25% interest in SMC for cash consideration totalling C$35 million;
Woulfe and IMC establishing a Korean company ("APT JV"), 45% owned by Woulfe and 55% by IMC, to
build an APT plant to be funded to C$35 million by IMC, with Woulfe to repay its investment portion
from future cash flows; and
The APT JV will acquire no less than 90%, and up to 100%, of Sangdong's annual tungsten concentrate
production, and IMC will acquire no less than 90%, and up to 100%, %, of the APT JV's annual
production, pursuant to off‐take agreements.
IMC owns the Korean company TaeguTec, a leading global tungsten products manufacturer. After
exhaustive due diligence involving international technical consultants and one of the top Korean law
firms, IMC confirmed that they were satisfied with the results of their due diligence of the Sangdong
Project and were working toward closing its investment, subject to the remaining conditions precedent
to the transaction.
The feasibility study was finalized in April 2012. The study is based on mining the Main and Footwall
Orebodies above the valley floor over a 11.5 year mine life at a production rate of 1.2 million tonnes per
annum. The Probable Reserve derived from the 16.4 million tonnes Indicated Resource was 13.3 million
tonnes at 0.425% WO3 using a cut‐off of 0.24% WO3. Using a tungsten price of US$398 per mtu, the
study generated a pre‐tax net present value of US$400 million at an 8% discount rate, with an internal
rate of return of 46% and a break‐even of 2.2 years, assuming an initial capital expenditure of US$151.3
million.
Plant construction was expected to commence as soon as possible after the release of the feasibility
study, however progress has been delayed by IMC‘s due diligence which is now complete. This delay has
been advantageous as the Company has since acquired third‐party land within the immediate project
site which has allowed the design of the project to be simplified, with the primary crusher now to be
located underground with a conveyor feeding the crushed ore to existing concrete bins. Also, project
financing is well advanced, with the Company announcing in September 2012 that it is moving forward
with a 168‐billion‐won (US$150‐million) debt financing with Shinhan Bank, one of the largest
commercial banks in South Korea.
Mine development commenced in October 2012, following the appointment of a South Korean mining
contractor. The tender process was very competitive with six qualified mining contractors bidding. The
contractor will supply all the mining equipment, labour and consumables at a cost of 14,130 won (or
US$12.63) per tonne of ore delivered to the crusher. The contractor is now mobilized on site and is
advancing the new 6 metre by 6 metre portal and decline, using modern equipment and experienced
personnel. As the feasibility mining cost estimate was US$33.32 per tonne, Tetra Tech are revising the
feasibility study to reflect the lower operating and capital costs.
In parallel with the redevelopment of Sangdong, Woulfe is progressing the evaluation of its 100% owned
Muguk gold mine, the largest historic gold producer in South Korea. Mineralisation at Muguk is hosted
within a series of steeply dipping, narrow quartz veins, two of which were extensively mined up to 1996.
In 2011, the Company commissioned a leading international consulting group to review the historic
geologic data and develop a 3D model of the most prominent Three Brothers Vein, with the intention of
producing a NI 43‐101 compliant resource estimate and scoping study. Both objectives were
accomplished, with an Inferred resource estimate of 900,000 tonnes grading 10 per tonne of gold in
unmined blocks within the Three Brothers Vein underpinning the scoping study. While preliminary, this
work demonstrates that the Three Brothers Vein could host a viable mining operation, which would
allow the systematic evaluation of the many smaller veins within the field, some of which have had little
or no mining at all.
Woulfe has shown its ability to progress the Sangdong Tungsten/molybdenum Project and increase the
value of the Company by a strong focus on mine evaluation, sustainable practices and the efficient
management of its assets. Beyond this year, Woulfe remains focused on advancing the development of
its projects through to production to the benefit of all shareholders. The Company continues to focus on
being the premier global tungsten producer and developer of choice.

Quelle:http://sedar.com/CheckCode.do;jsessionid=0000XV5Gk8wXzQgxk6c…

[volvocb]

Antwort auf Beitrag Nr.: 43.779.633 von volvocb am 02.11.12 15:09:36

WOULFE MINING CORP.
FINANCIAL STATEMENTS REQUEST FORM
26.10.12

Registered holders and beneficial owners of a company’s securities may elect annually to receive a copy of a
company’s annual and interim financial statements and the corresponding management discussion and analysis
(“MD&A”) to those statements.
If you wish to receive printed copies of the annual and quarterly interim financial statements and corresponding
MD&A to those statements for Woulfe Mining Corp. (the “Company”), please complete this form and return it to:
Computershare Trust Company
3rd Floor, 510 Burrard Street
Vancouver, BC, V6C 3B9

Please send me ONLY the audited financial statements and the annual MD&A.
Please send me ONLY the quarterly interim financial statements and corresponding interim MD&A to
those statements.
Please send me BOTH the audited financial statements and quarterly interim financial statements and the
corresponding MD&A to those statements.
You will not receive copies of any financial statements from the Company for the ensuing year if you do not
complete and return this form.
Copies of the Company’s previously issued and current annual and quarterly financial statements and related
MD&A are available to shareholders and to the public on the SEDAR website at www.sedar.com.
I confirm that I am a shareholder of the Company.

......

Quelle:http://sedar.com/GetFile.do?lang=EN&docClass=13&issuerNo=000…

[volvocb]

Antwort auf Beitrag Nr.: 43.779.650 von volvocb am 02.11.12 15:11:41

26.10.12
Suite 408, 837 West Hastings Street, Vancouver, BC, V6C 3N6
T. [phone] F. [phone]

NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS
NOTICE IS HEREBY GIVEN that the 2012 annual general meeting (the “Meeting”) of members of
Woulfe Mining Corp. (the "Corporation") will be held at Armstrong Simpson, 777 Hornby Street, Suite
2080, Vancouver, BC, on November 21, 2012 at 10:00 a.m., local time, for the following purposes:
(a) To receive and consider the report of the directors, the audited financial statements of the
Corporation for the period ended June 30, 2012, and the report of the auditor thereon;
(b) To appoint an auditor for the ensuing year at a remuneration to be fixed by the directors;
(c) To fix the number of persons to be elected to the Board of Directors at five (5);
(d) To elect directors for the ensuing year;
(e) to approve, by an ordinary resolution, the Corporation’s 10% Rolling Stock Option Plan more
particularly described in the accompanying Information Circular;
(f) to approve, by an ordinary resolution, the Corporation’s proposed advance notice policy;
(g) To transact such other business as may be properly transacted at the Meeting or at any
adjournment thereof.
Accompanying this Notice of Meeting are: (1) the Information Circular; (2) a form of proxy, which
includes a reply card for use by shareholders who wish to receive the Corporation's interim and/or annual
financial statements.
Shareholders who are unable to attend the Meeting in person and who wish to ensure that their
shares will be voted at the Meeting, must complete, date and execute the enclosed form of proxy, or
another suitable form of proxy, and deliver it in accordance with the instructions set out in the
form of proxy and in the Information Circular.
Unregistered shareholders who plan to attend the Meeting must follow the instructions set out in
the form of proxy and in the Information Circular to ensure that their shares will be voted at the
Meeting. If you hold your shares in a brokerage account you are not a registered shareholder.
DATED at the City of Vancouver, in the Province of British Columbia, as of the 22nd day of October,
2012.
By Order Of The Board Of Directors
/s/ “Brian Wesson”
Brian Wesson,
President & CEO

Quelle:http://sedar.com/GetFile.do?lang=EN&docClass=16&issuerNo=000…

[volvocb]

Antwort auf Beitrag Nr.: 43.779.656 von volvocb am 02.11.12 15:13:21

INFORMATION CIRCULAR 26.1.12
as at October 17, 2012
This Information Circular is furnished in connection with the solicitation of proxies by the management of Woulfe
Mining Corp. (the “Corporation”) for use at the annual general meeting (the “Meeting”) of its shareholders to be held on
November 21, 2012 at the time and place and for the purposes set forth in the accompanying notice of the Meeting.
In this Information Circular, references to the “Corporation”, “we” and “our” refer to Woulfe Mining Corp. “Common Shares”
means common shares without par value in the capital of the Corporation. “Beneficial Shareholders” means shareholders who do
not hold Common Shares in their own name and “intermediaries” refers to brokers, investment firms, clearing houses and similar
entities that own securities on behalf of Beneficial Shareholders.
GENERAL PROXY INFORMATION
......
18 Seiten!!!

Quelle:http://sedar.com/GetFile.do?lang=EN&docClass=10&issuerNo=000…

[volvocb]

Antwort auf Beitrag Nr.: 43.779.670 von volvocb am 02.11.12 15:15:07

26.1.12
Form of Proxy - Annual General Meeting to be held on November 21, 2012
This Form of Proxy is solicited by and on behalf of Management.
Notes to proxy

....
2 Seten!!!!

Quelle:http://sedar.com/GetFile.do?lang=EN&docClass=13&issuerNo=000…

[volvocb]

Antwort auf Beitrag Nr.: 43.779.675 von volvocb am 02.11.12 15:16:43

29.10.12
MANAGEMENT DISCUSSION AND ANALYSIS
FOR THE YEAR ENDED JUNE 30, 2012
OVERVIEW
The following discussion and analysis of financial position and results of operations (“MD&A”) is prepared as at October 26 2012 and should be read in conjunction with the June 30, 2012 audited consolidated financial statements and related notes for the years ended June 30, 2012 and 2011 of Woulfe Mining Corp. (“Woulfe” or the “Company”). All dollar amounts included therein and in the following MD&A, unless otherwise indicated, are expressed in Canadian dollars.
Additional information related to the Company is available for viewing on SEDAR at www.sedar.com or by contacting the Company’s head office at Suite 408 - 837 West Hastings Street, Vancouver BC, Canada V6C 3N6, or by emailing the Company at [e-mail]. The Company’s web site is www.woulfemining.com.


.....
18 Seiten!!!

Quelle:http://sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=0000…

[volvocb]

Antwort auf Beitrag Nr.: 43.779.683 von volvocb am 02.11.12 15:18:14

29.10.12
Consolidated Financial Statements of
WOULFE MINING CORP.
For the years ended June 30, 2012 and June 30, 2011
(Expressed in Canadian dollars)

.....
39 Siten!!!

Quelle:http://sedar.com/GetFile.do?lang=EN&docClass=5&issuerNo=0000…

[volvocb]

Antwort auf Beitrag Nr.: 43.779.696 von volvocb am 02.11.12 15:20:09

Dundee acquires 6.2 million more Woulfe Mining shares

2012-10-30 19:37 ET - News Release

See News Release (C-DC) Dundee Corp

30.10.12

Mr. Ned Goodman reports

DUNDEE CORPORATION ACQUIRES FURTHER INTEREST IN WOULFE MINING CORP.

In accordance with regulatory requirements, Dundee Corp. has acquired 6,207,000 common shares of Woulfe Mining Corp. through the facilities of the TSX Venture Exchange. Dundee now owns 29,929,500 common shares and 10 million warrants, representing an approximate 8.92-per-cent interest in Woulfe Mining on an undiluted basis or 11.56 per cent assuming the exercise of all warrants.

The position in Woulfe Mining was acquired for investment purposes and may be increased or decreased in the future as considered appropriate in light of investment criteria, market conditions and other factors and in accordance with the provisions of applicable securities legislation.

Quelle:http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-20084…

[volvocb]

Antwort auf Beitrag Nr.: 43.779.710 von volvocb am 02.11.12 15:21:46

EARLY WARNING REPORT
FILED PURSUANT TO NATIONAL INSTRUMENT 62-103
The following information is filed pursuant to the provisions listed above under applicable
securities legislation:

......

On October 29, 2012, Dundee Corporation (“Dundee”) acquired 6,207,000 common
shares of Woulfe Mining Corp. (“Woulfe Mining”) through the facilities of the TSX
Venture Exchange. Dundee now owns 29,929,500 common shares and 10,000,000
warrants, representing an approximate 8.92% interest in Woulfe Mining on an undiluted
basis or 11.56% assuming the exercise of all warrants.

.....
3 Seiten!!!

Quelle:http://sedar.com/GetFile.do?lang=EN&docClass=4&issuerNo=0000…

[volvocb]

Antwort auf Beitrag Nr.: 43.779.728 von volvocb am 02.11.12 15:23:42

Firmenportrait: Wolframproduzent Woulfe Mining Corp

Die Woulfe Mining Corp. konzentriert sich auf die Freilegung globaler Ressourcen, indem es Projekte unterbewerteter natürlicher Ressourcen entdeckt und entwickelt. Ihr Spezialgebiet ist Wolfram.

Herr Nick Smith (Investor Relations) im Gespräch mit Peter Heinrich
Veröffentlicht am 31.10.2012 um 17:23


Quelle: http://www.brn-ag.de/beitrag.php?bid=23177

[volvocb]

Antwort auf Beitrag Nr.: 43.779.740 von volvocb am 02.11.12 15:25:33

Woulfe Mining ~ Institutional buying says it all.

Woulfe Mining Institutional Ownership.
1. Colonial First State Common Wealth Bank of Australia (Global Resources Fund) Under 33,552,358 which would be 10%
2. Korea Zinc Co Ltd 33,333,333 shares (9.94%)
3. Dundee Securities Ltd 29,929,500 (8.92%) (plus 10M warrants = (so when fully diluted 11.56%)
4. Resinco Capital Partners Inc 27,042,353 (8.06%)

Quelle:http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&…

[volvocb]

Antwort auf Beitrag Nr.: 43.779.753 von volvocb am 02.11.12 15:27:11

Just putting some of the figures in the interview in relation to SP and laymans terms.

Current Value of 25% of the mine = $400 mill = around $1.27

So if you take the full value we would be around $5

This I assume is not taking into affect:
• Production
• Off shoot products ie Moly
• Muguk gold mine

Please correct me if any of my numbers are wrong.

IMC is in closing stages and the bank financing is nearing the end of their DD.

Once this is finalized and the larger firms jump in, we may be sitting above a dollar or close to it. (I think I'm being conservative) I believe Dundee may have a small hand in determining this too.

SP moved up a little. (hmmm...it seems to do this everytime I am able to free up some cash)

Quelle:http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&…

[volvocb]

Antwort auf Beitrag Nr.: 43.779.771 von volvocb am 02.11.12 15:29:54

Quell: http://www.barchart.com/opinions/stocks/WOF.VN

100% Buy

Detailed Opinion as of Friday, Nov 2nd, 2012

[Ingold]

Schöne Entwicklung, bis jetzt keine Gewinnmitnahmen, gutes Zeichen. Auf eine gute neue Woche

[volvocb]

WOF management

Brian Wesson, CEO and President

Mr. Brian Wesson has been an engineer for 30 years and has extensive experience in the operation, design and construction of mines and process plants. He holds an MBA and is a Fellow of the Australian Institute of Mining and Metallurgy and the Australian Institute of Company Directors.

Mark N. Gelmon, CFO, CA Canada

Mr. Mark N. Gelmon, based in Vancouver, British Columbia, is a consulting chartered accountant. He has provided his expertise to several TSX Venture Exchange-listed companies in the capacity of director, chief financial officer and consultant. Mr. Gelmon’s background as a C.A. provides him with the necessary knowledge and skills for financial management, reporting operating results to the Board of Directors, serving as a liaison with financial institutions, and maintaining compliance with today’s complex regulatory reporting requirements.

Amelia Wesson, VP Admin and Corporate

Ms. Amelia Wesson has more than 20 years of experience providing administration services to large mining operations including managing and training personnel. She manages all administration, human resources and community development for Woulfe.

Bill Kable, VP Technical

Mr. Bill Kable is an economic geologist with 35 years’ experience in the industry. He is managing the redevelopment of Woulfe’s projects including feasibility studies conducted by Wardrop Engineers UK.

John Icke, Director

Mr. John Icke has been the president and CEO of Resinco, formerly Longview Capital Partners, since January of 2008. He has more than 25 years’ global management experience in both the private and public sectors. Prior to Resinco, Mr. Icke was the principal of JRI Strategy Consultants Inc. His other previous positions include serving as president of Accenture Business Services for Utilities, president and CEO of Lily Cups Inc., founding director and chairman of the Canadian Polystyrene Recycling Association, corporate vice-president and general manager of Indigo N.V.’s worldwide packaging business as well as CEO and executive vice-president of Sweetheart Cup, a subsidiary of Fort Howard.

Hubert Marleau, Director

Mr. Hubert Marleau is chairman, co-founder and director of Palos Capital Corporation. With over 30 years of experience in the business and financial community, Hubert has been Governor of the Toronto, Montreal and Vancouver Stock Exchanges, and a director of the Investment Dealer Association of Canada.

David Constable, Director

Mr. David Constable is a geologist with more than 40 years of exploration and development experience in Canada and internationally. He holds a BSc (Hons) and an MBA. Mr. Constable is a chartered director specializing in investor relations for large and small companies and has worked with such companies as Normandy Mining Limited and FNX Mining Company Inc. He is a director of Canadian and dual-listed resource companies and is currently chairman of U308 Corp. and Rockcliff Resources Inc.

Tiger Kim, CEO/ President Korean Subsidary

The Chief Executive Officer of Sangdong Mining Corp. and Muguk Gold Corp., the largest tungsten mine in the world and the largest gold mine in Korea, respectively. Sangdong Mining (Korea Tungsten), which has been closed since 1993, is now in the process of preparing its re-opening and commencement of production in Q1 2013.

Through his 30 years of investment banking and corporate finance at Citicorp, Morgan Stanley, Salomon Brothers and Peregrine, a particular thrust has been placed on natural resources sector by consummating numerous transactions in non-ferrous metal and energy sectors. Advisory and mergers and acquisition transactions of non-ferrous metal and energy companies had been his primary focus. Representative clients include but not limited to Korea Zinc, LG Copper (currently LS Nikko), Aluminum of Korea, Korea Electric Power Corp.etc.

Yun Choi, Director

Mr. Yun Choi holds a juris doctorate degree from the US and is an executive director of Korea Zinc. He is also serving as CEO of ICM Pachapaqui S.A.C. in Peru and vice-president of Pan Pacific Metal Mining Corporation in Canada, both of which are wholly-owned subsidiaries of Korea Zinc.

Bog-Gon Kim, Technical Advisor

Mr. Bog-Gon Kim was formerly the general manager of mining for the Sangdong Mine prior to its closing, and worked for Korea Tungsten a total of 25 years. He is qualified in mining and metallurgy with extensive experience in mine workings, production and ore processing at Sangdong.

Kun Joo Moon, Technical Advisor

Dr. Kun Joo Moon holds a doctorate in geology from the University of Tasmania and his dissertation focused on the Sangdong Tungsten Project. He has an extensive career history with Korea Tungsten.

Kwan-Yi Jeong, Technical Advisor

Mr. Kwan-Yi Jeong was formerly the general manager of Muguk Gold and Yeonwha Base Metals before their closing. He is a highly respected mining engineer in Korea and an advisor to several large companies.

Marion McGrath, Corporate Secretary

Ms. Marion McGrath has been actively engaged in the securities industry for over 25 years. She has served as a director and officer for numerous public companies in a corporate administrative capacity. Ms. McGrath is the owner of IO Corporate Services Limited, a company which provides corporate and accounting services to various publicly-traded Canadian companies. Prior to organizing IO Corporate, she was a senior paralegal with a Vancouver-based securities law firm.

Quelle:http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&…

[volvocb]

Antwort auf Beitrag Nr.: 43.784.077 von volvocb am 04.11.12 14:27:07

Incredible Value! Possibly 20+ BILLION in assets

Based on this german interview with WOF investor relations Nick Smith the Woulfe Mining Sangdong mine has a possible mine life of around 80 years. Tungsten mines are known to have very long mine lives. At 200 million dollars per year for 80 years that would value the tungsten portion of the mine at around 16 billion dollars and this figure doesn't even include the molybdenum or Muguk gold & silver mine.

http://www.brn-ag.de/beitrag.php?bid=23177

The overall value of the Woulfe Mining assets could easily be well over 20 BILLION dollars if the Woulfe mining investor relations numbers are correct.

Quelle:http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&…

[volvocb]

Antwort auf Beitrag Nr.: 43.784.078 von volvocb am 04.11.12 14:28:21

Keine Werbung


D U N D E E__C O R P O R A T I O N__

Dundee Corporation is an asset management company dedicated to private wealth management, real estate and resources that, combined, reflect approximately $65 billion under management and administration. Its domestic wealth management activities are carried out through its 62% controlled subsidiary, DundeeWealth Inc. Dundee Corporation's real estate activities are conducted through its 74% owned subsidiary, Dundee Realty Corporation, which operates as an asset manager of commercial real estate with activities in a land and housing business in Canada and the United States. Resource activities are carried out through its wholly-owned subsidiary, Dundee Resources Limited. Asset management activities are carried out through Ravensden Asset Management Inc. and Dundee Real Estate Asset Management ("DREAM").

M E T H O D O L O G Y

Dundee operates with a disciplined intrinsic value-oriented investment methodology, a proprietary growth-momentum style of investing and focus investing. We stress the importance of anticipating, and responding to, new global investment patterns. Our working environment is characterized by creativity, lateral thinking, a unique collegial atmosphere and long-term loyalty commitments with key personnel.

O B J E C T I V E

Management's objective is to achieve outstanding long-term growth per share value. To meet this objective, we strive to manage our own business well and to invest, on behalf of others and for our own corporate portfolio, in growing businesses which can earn above-average returns on investment capital.

C O D E__O F__E T H I C S

As professional investment managers and independent financial advisors, we abide by three sets of rules. The first set consists of the laws and regulations adopted by governments, securities commissions, The Investment Dealers Association of Canada and the Mutual Fund Dealers Association of Canada. The second set of rules resides in the Code of Ethics and Standards of Professional Conduct of the CFA Institute. The government, regulatory and CFA Institute rules are minimum standards.We go beyond them by observing a third set of rules that includes an approval and monitoring system for personal investments of Dynamic Mutual Funds, and a strict Code of Compliance for independent financial advisors.

C O M M U N I T Y__S U P P O R T

Dundee has an ongoing commitment to provide philanthropic support to charities and community organizations throughout Canada. The Dynamic Fund Foundation relies on locally based, independent financial advisors, who are important Dynamic Mutual Funds clients, to guide the Foundation to deserving causes. In addition to donations made directly by The Dynamic Fund Foundation, Dundee actively encourages employees to support their favourite charities by matching their contributions. During the year 2001, employee donations to The Dynamic Fund Foundation approximated $550,000. The Foundation facilitated the distribution of these donations to over 100 charities selected by the employees. Since its inception in 1992, The Dynamic Fund Foundation has donated over $4.5 million to charities chosen by independent financial advisors and Dundee employees.

L O C A T I O N

21st Floor, 1 Adelaide Street East
Toronto, Ontario
M5C 2V9
Tel: [phone]
Fax: [phone]
contact us by e-mail

Quelle:http://www.dundeecorp.com/aboutus.htm

DUNDEE CORPORATION ACQUIRES
FURTHER INTEREST IN WOULFE MINING CORP.
Toronto, October 30, 2012 – In accordance with regulatory requirements, Dundee Corporation
(TSX: DC.A) (“Dundee”) announces that it has acquired 6,207,000 common shares of Woulfe
Mining Corp. (“Woulfe Mining”) through the facilities of the TSX Venture Exchange. Dundee now
owns 29,929,500 common shares and 10,000,000 warrants, representing an approximate 8.92%
interest in Woulfe Mining on an undiluted basis or 11.56% assuming the exercise of all warrants.
The position in Woulfe Mining was acquired for investment purposes and may be increased or
decreased in the future as considered appropriate in light of investment criteria, market conditions
and other factors and in accordance with the provisions of applicable securities legislation.

Quelle:http://www.dundeecorp.com/pdf/2012-10-30-Woulfe-Mining.pdf

[volvocb]

There are some more. Great road tour. They have to tell something new, so I guess we will see news before.


Nov 26, 2012 - 12:00 PM EST
Woulfe Mining Corp.
TorontoCorporate Presentation


Nov 28, 2012 - 12:00 PM EST
Woulfe Mining Corp.
Ottawa Corporate Presentation


Nov 29, 2012 - 12:00 PM EST
Woulfe Mining Corp.
MontréalCorporate Presentation

Nov 30, 2012 - 12:00 PM EST
Woulfe Mining Corp.
New YorkCorporate Presentation

Quelle: http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&…


Ich hoffe, dass somit im November der IMC Deal sowie der Kredit von der Bank unterschrieben und ein Ressourcenupdate von Sangdong kommen wird.

[volvocb]

WOLFRAMERZ ($/T) NY
Rohstoffart: Rohstoffe

360,00 USD + 5,8824%
von 340 USD gestiegen

[volvocb]

Antwort auf Beitrag Nr.: 43.790.870 von volvocb am 06.11.12 12:46:10

Nov 19, 2012 - 1:00 PM PST
Woulfe Mining Corp.
Victoria Corporate Presentation



Nov 20, 2012 - 1:00 PM PST
Woulfe Mining Corp.
Vancouver Corporate Presentation



Nov 21, 2012 - 10:00 AM PST
Woulfe Mining Corp.
Vancouver Annual General Meetings



Nov 23, 2012 - 12:00 PM MST
Woulfe Mining Corp.
Calgary Corporate Presentation

Quelle:http://www.renmarkfinancial.com/en/Clients/Woulfe-Mining-Cor…

[volvocb]

Antwort auf Beitrag Nr.: 43.791.073 von volvocb am 06.11.12 13:30:37

Maximal 9 Handelstage noch mit heute für die Big News, bevor die Corporate Presentationen beginnen.

Nov 21, 2012 - 10:00 AM PST
Woulfe Mining Corp.
Vancouver Annual General Meetings

[Jackl24]

Antwort auf Beitrag Nr.: 43.791.073 von volvocb am 06.11.12 13:30:37

Hallo,

es geht ja noch weiter.........

26. November 2012 - 12:00 PM EST
Woulfe Mining Corp
Toronto Corporate Presentation

28. November 2012 - 12:00 PM EST
Woulfe Mining Corp
Ottawa Corporate Presentation

29. November 2012 - 12:00 PM EST
Woulfe Mining Corp
Montréal Corporate Presentation

30. November 2012 - 12:00 PM EST
Woulfe Mining Corp
New York Corporate Presentation

Jackl24

[Jackl24]

Antwort auf Beitrag Nr.: 43.791.351 von Jackl24 am 06.11.12 14:36:42

Sorry, hab´s gerade gesehen....,
hattest die letzteren Termin zuerst gepostet.

[volvocb]

Antwort auf Beitrag Nr.: 43.791.351 von Jackl24 am 06.11.12 14:36:42

Steht schon weiter oben, trotzdem Danke

[volvocb]

Antwort auf Beitrag Nr.: 43.791.369 von volvocb am 06.11.12 14:40:32

Woulfe Sangdong Project NPV Increases 34% to US$535.2m


VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 6, 2012) - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF)(OTCQX:WFEMF)(FRANKUFRT:OZ4) is pleased to announce that it has awarded a mining development and production contract to Youngin Industries Corporation ("Youngin") for the underground development and extraction of 1.2 million tonnes per annum from the Sangdong mine. The contract encompasses all mine civil works, mine development and production of Tungsten/Molybdenum ores, to be delivered from underground to the primary crusher. The contract pricing will result in the lowering of mine production costs by 49% and will increase the project NPV8 from US$400.3 million to US$535.2 million, taking IRR from 46.0% to 65.6%.

Woulfe awarded the contract to Youngin after extensive negotiations with six Korean mining, civil and tunneling contractors. The contract was awarded based on Youngin's extensive experience and expertise in underground mining and civil construction.

The Youngin mine production plus pastefill costs totals $25.64 per tonne of ore mined compared with $38.30 per tonne mined estimated in the Feasibility Study. This improvement in costs came as a result of replacing projected Canadian mine costs in the Feasibility to firm Korean costs. Other benefits include reduced capital allocation (US$20 million) for the mine fleet and subsequent reduction in pre-production ore mining and mine development costs.

Tetra Tech is working on updating the mineral resources to include the last five months of drilling. With this update an updated addendum of the feasibility will be released that will include the revenue from byproducts and the benefits resulting from the lower mining cost. Reducing the mining cost will have a significant impact on mine cut-off grade which will be expected to increase the resource base.

The CEO Brian Wesson stated, "The lower mining cost results in a NPV in line with the company's expectations and prior valuation. The project is robust and low risk as Korea is an OECD developed country."

Youngin boasts extensive experience in both mining and civil engineering in Korea. Youngin provides a significant level of experience and brings with it an extensive modern mine fleet. Mr Wesson went on to state, "Woulfe is confident in the highly skilled staff at Youngin. Their management have over 20 years of experience in mining and tunneling and this expertise will be a valuable contribution to the mine."

Youngin began the civil construction of the mine portal in October 2012, after which the mine development will proceed. The six metre square cross section development is expected to hit the main ore zone in November 2012 with trial mechanized mining to begin in December 2012.

The scientific and technical information in this release has been reviewed and approved by Jon Gliddon, C.Eng, General Manager UK for Tetra Tech, and overall manager for the Sangdong feasibility study announced on April 23, 2012. Mr. Gliddon is an Independent Qualified Person within the meaning of NI 43-101.

On Behalf of the Board of Directors

Woulfe Mining Corp.

Quelle:http://www.marketwire.com/press-release/woulfe-sangdong-proj…

[volvocb]

Antwort auf Beitrag Nr.: 43.791.385 von volvocb am 06.11.12 14:43:07

Woulfe Mining signs new contractor to develop Sangdong mine in South Korea

Woulfe Mining Corp. (TSX.V: WOF) announced today that it has significantly reduced costs at its Sangdong mine by outsourcing development and extraction to a mining contractor.

The increased efficiency is believed to reduce production costs by 49%, raising the Internal Rate of Return (IRR) of the project to 65.6% from 46%.

President and CEO Brian Wesson stated, "The lower mining cost results in a NPV in line with the company's expectations and prior valuation. The project is robust and low risk as Korea is an OECD developed country."

The Sangdong mine, which is located in South Korea, was closed in 1992 after being the largest producing mine of Tungsten in the world during the prior 40 years.

Woulfe acquired the project in 2006 and has since completed over 30,000 meters of drilling, metallurgy work and feasibility study in April of this year. The company holds a 70% working interest and has utilized forward-sales type contracts on future production to finance development of the project.

The company’s stock is up 48% over the last 52 weeks and holds a market cap just shy of $100 million. Currently there are 368 million shares outstanding on a fully diluted basis.

Quelle:http://www.juniorminingnetwork.com/mining-news/3063-woulfe-m…

Inkl. Foto der Anlage als Grafik.

[volvocb]

Woulfe to acquire 60,208 square m next to Sangdong mine

2012-11-07 08:39 ET - News Release

Mr. Brian Wesson reports

WOULFE MINING CORP ACQUIRES LAND FOR DEVELOPMENT OF SANGDONG PROCESSING PLANT
Woulfe Mining Corp. has signed a purchase agreement to acquire 60,000 square metres of land adjacent to the Sangdong mine. The acquisition of this land from a local contractor gives Woulfe the option to improve the layout of the process plant and to increase stockpile capacity to around 30,000 tonnes (10 days mine production). The land acquisition is required to allow Woulfe to apply for the final permit to local government for the physical construction of the process plant.

The terms of the acquisition are:


Total land area is 60,208 square metres within six blocks;
Total purchase price is 1.3 billion South Korean won (approximately $1.2-million (U.S.)), equivalent to 21,590 won per square metre (approximately $19.90 (U.S.) per square metre);
Down payment of 10 per cent upon signing (paid on Oct. 23), with the balance to be paid within 30 days of signing;
Transfer of ownership to take place upon the payment of the remaining 90 per cent.

Brian Wesson, chief executive officer and president, commented: "The acquisition of the land provides twice the area for the process plant, which will improve operations and access, reduce costs, and provide increased fine ore storage. The milling and flotation plants will now all be sited next to one another on flat ground."

Quelle: http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-20108…

[volvocb]

Tungsten project pipeline

Quell: http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&…

[volvocb]

Antwort auf Beitrag Nr.: 43.843.012 von volvocb am 20.11.12 14:49:09

Tungsten: hard to beat

Publishing Date 28 Oct 2011 12:26pm

Quelle:http://www.mining-journal.com/reports/tungsten-hard-to-beat?…

[volvocb]

Antwort auf Beitrag Nr.: 43.843.021 von volvocb am 20.11.12 14:50:40

News from Korea

From yesterday in Kangwon News, the governing body of the YeongWal area (which includes Sangdong), the Sangdong Mine will run again starting next year.... among other things for the area.

link: http://www.kwnews.co.kr/nview.asp?s=101&aid=212111800001



And, from about 3 hrs ago today, in The Leader news, the same governing body mentions Posco M-tech and Sangdong Mining working together... and among other things, ... will lead the YeongWal area to its second period of prosperity (second heyday)....

link: http://www.theleader.kr/news/articleView.html?idxno=18194

Read more at http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&…#HQHE5V78e5Tq3RDL.99" target="_blank" rel="nofollow ugc noopener">http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&…#HQHE5V78e5Tq3RDL.99


Quelle: http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&…

[volvocb]

I attended today's presentation..

A good turn out of brokers and the likes but these guys always show up for free lunch.. LOL.. However, there were few people with good questions so I think interest is there and is bound to perk up.. So as things stand, we are at the homestretch..

IMC - Did their DD.. Contracts are drawn and with Lawyers etc.. One of the reasons for delay is/was is due to Shinan Banks DD and the loan facility to be provided which in turn effects the contracts with IMC so both the contracts are inter dependent and as such three sets of Lawyers involved.. IMC is stll investing $70m in total with $35m of equity and rest debt for APT plant that WOF has to earn their % as things move along.. 90% offtake on a take or pay basis..

Shinhan Bank - They finalized their DD so the CEO is heading bank to Korea to nail it down.. Rest of the WOF presentation in other cities will be by Nick and one another person.. Loan facility is still US $150m but may be adjusted depending on how the total cost looks like after the RFP from the potential contractors..

Management hopes to nail everything down before Christmas.. They expect to start in March of next year with construction etc.. but here are the milestones for next 12 months as laid out in presentation.

-Shinhan completes DD, signs definitive agreement

-IMC closes and invests

-Stope production commences

-Underground crushers installed

-Plant construction completed

- Commissioning (late 2013), and then to Production

Management shares share holders' frustration but it is tough environment to raise money so there is only so much they can do to expedite the process but hopefully, we see the financing news by mid December at the latest..

Quelle:http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&…

[volvocb]

Antwort auf Beitrag Nr.: 43.852.609 von volvocb am 22.11.12 16:18:31

Woulfe Announces AGM Results


VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 21, 2012) -

Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF)(OTCQX:WFEMF)(FRANKFURT:OZ4) is pleased to announce the re-election of Brian Wesson, John Icke, David Constable, Amelia Wesson and Hubert Marleau as Directors of the Company at its Annual General Meeting (AGM) held on November 21, 2012. All the resolutions put forward in the Proxy were passed by shareholders, including the ratification of the Company's stock option plan and the advance notice policy adopted by the board on October 22, 2012, both described in the Company's information circular available on SEDAR at www.sedar.com.


On Behalf of the Board of Directors


Woulfe Mining Corp.

Quelle: http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&…

[volvocb]

Antwort auf Beitrag Nr.: 43.852.619 von volvocb am 22.11.12 16:20:11

Neue
Presentation 11.2012


Success - Investment
•
Tungsten – compelling fundamentals
•
Woulfe – experienced team
•
South Korea – stable, low risk country
•
Cost advantage – low cost country with low taxes
•
Strategic partner – IMC (Berkshire Hathaway company) is investing US$70M with 90% offtake on a take-or-pay basis
•
Financing – Shinhan Bank completing DD on US$150M facility
•
Asset – Sangdong is a long life project in low cost quartile
•
Early production – commissioning in late 2013

Quelle:http://www.woulfemining.com/s/Presentations.asp

[Heinzmann]

Trotzdem fällt der Kurs immer sofort wieder,wenn er denn einmal 1 oder 2 cent gestiegen ist. Von dem Mist ist nichts zu erwarten!!!

[physik]

Heinzmann, die Erde ist eine Scheibe, oder?

Performance von Woulfe:

1 Woche +14,78%
1 Monat +32,00%
laufendes Jahr +78,38%
1 Jahr +95,56%
3 Jahre +398,11%
52W Hoch (01.03.2012) 0,31
52W Tief (02.12.2011) 0,11

[volvocb]

Antwort auf Beitrag Nr.: 43.852.632 von volvocb am 22.11.12 16:22:42

MD&A - English

MANAGEMENT DISCUSSION AND ANALYSIS
FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2012

Quelle:http://sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=0000…

[volvocb]

Antwort auf Beitrag Nr.: 43.886.138 von volvocb am 03.12.12 14:01:38

Interim financial statements/report - English


Condensed Consolidated Interim Financial Statements of
WOULFE MINING CORP.
For the three months ended September 30, 2012

Quelle:http://sedar.com/GetFile.do?lang=EN&docClass=5&issuerNo=0000…

[volvocb]

Antwort auf Beitrag Nr.: 43.886.149 von volvocb am 03.12.12 14:03:00

Wolfram

WOLFRAMERZ ($/T) NY

Rohstoffart: Rohstoffe

307,00 USD wieder mal gesunken

[volvocb]

Antwort auf Beitrag Nr.: 43.886.157 von volvocb am 03.12.12 14:04:28

Sieht gut aus
Sollten wir über 0,36 cad bleiben, ist die nächste Hürde die 0,39cad.
Eine gute Unterstützung liegt bei 0,34cad.

Ich hoffe auf News in dieser oder nächster Woche.

Das Ressourcen Update finde ich ist überfällig!

[volvocb]

Frohe Weihnachten und besinnliche Feiertage allen.

[volvocb]

Guten Rutsch ins neue und erfolgreiche Jahr 2013!

[volvocb]

Antwort auf Beitrag Nr.: 44.104.969 von volvocb am 05.02.13 14:21:09

Gesundes neues Jahr 2013 an alle.

[volvocb]

Antwort auf Beitrag Nr.: 44.104.974 von volvocb am 05.02.13 14:22:03

Jan 3 2013 Alternative monthly report


Quelle:http://sedar.com/CheckCode.do;jsessionid=0000TvlU8QeLgvPlk7o…

[volvocb]

Antwort auf Beitrag Nr.: 44.104.982 von volvocb am 05.02.13 14:25:06

Early Warning Reports 17 Seiten

Jan 23 2013 Press release - English

Quelle:http://sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=0000…

[volvocb]

Antwort auf Beitrag Nr.: 44.104.999 von volvocb am 05.02.13 14:28:32

Woulfe investor Colonial First holds 10.04% of shares

2013-01-23 18:30 ET - News Release


Mr. John Greenhalgh reports

COLONIAL FIRST STATE COMPLETES HISTORICAL EARLY WARNING REPORTING DISCLOSURE FILINGS RESPECTING SHARES AND WARRANTS OF WOULFE MINING CORP. WITH BRITISH COLUMBIA AND ALBERTA SECURITIES COMMISSIONS

Control and direction have been exercised over the ordinary shares and share purchase warrants of Woulfe Mining Corp. by Colonial First State Asset Management (Australia) Ltd. and Colonial First State Investments Ltd. during the period that began on Dec. 19, 2009, and ended on Dec. 31, 2012. As at Jan. 21, 2013, Colonial First State exercised control and direction over 31,457,911 shares and 2.5 million warrants of Woulfe representing approximately 10.04 per cent of the issued and outstanding shares of Woulfe on a partially diluted basis, assuming exercise of the warrants by Colonial First State.

The shares and warrants of Woulfe acquired by Colonial First State during the reporting period were acquired in the ordinary course of businesses as portfolio managers on behalf of investment funds in respect of which Colonial First State has been granted discretionary investment management authority. The shares and warrants were not acquired for the purpose of acquiring, changing or influencing the control of Woulfe. Colonial First State may acquire or dispose of additional shares or warrants from time to time.

A copy of each of the early warning reports may also be found on Woulfe's continuous disclosure record at SEDAR.

About Colonial First State

Colonial First State and Colonial First State Global Asset Management comprise the main fund management entities forming part of the Commonwealth bank group of companies. Colonial First State is one of Australia's largest fund managers, with $149-billion (Australian) in funds under administration as at Aug. 31, 2012. Colonial First State provides investment, superannuation and retirement products to individuals, as well as to corporate and superannuation fund investors. Colonial First State is a leader in providing value for money and has investment management expertise spanning Australian and global shares, property securities, direct property, infrastructure, cash, fixed interest and credit.

Quelle:
http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-20341…

[volvocb]

Antwort auf Beitrag Nr.: 44.105.008 von volvocb am 05.02.13 14:30:31

Woulfe holder CFS Wholesale holds 5.77% of shares

2013-01-23 18:53 ET - News Release


Mr. John Greenhalgh of Colonial First State Asset Management (Australia) Ltd. reports

CFS WHOLESALE GLOBAL RESOURCES FUND COMPLETES HISTORICAL EARLY WARNING REPORTING DISCLOSURE FILINGS RESPECTING SHARES AND WARRANTS OF WOULFE MINING CORP. WITH BRITISH COLUMBIA AND ALBERTA SECURITIES COMMISSIONS

This press release is being disseminated as required by National Instrument 62-103, the early warning system and related takeover bids and insider reporting issues, in connection with the filing of historical early warning reports regarding the ordinary shares and share purchase warrants of Woulfe Mining Corp. that were beneficially owned by CFS Wholesale Global Resources Fund, an Australian registered fund, during the period that began on Dec. 19, 2009, and ended on Dec. 31, 2012. As at Jan. 21, 2013, the fund beneficially owned 17,970,581 shares and 1,475,903 warrants of Woulfe, representing approximately 5.77 per cent of the issued and outstanding shares of Woulfe on a partially diluted basis, assuming exercise of the warrants by, or on behalf of, the fund.

The shares and warrants of Woulfe were acquired by the fund in the ordinary course of its business as an investment fund. The shares and warrants were not acquired for the purpose of acquiring, changing or influencing the control of Woulfe. The fund may acquire or dispose of additional shares or warrants from time to time.

A copy of each of the early warning reports may be found on Woulfe's continuous disclosure record on SEDAR.

Quelle:http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-20341…

[volvocb]

Antwort auf Beitrag Nr.: 44.105.019 von volvocb am 05.02.13 14:31:28

Woulfe names Goodman as director, arranges financing

2013-02-04 08:49 ET - News Release


Mr. Brian Wesson reports

WOULFE ANNOUNCES $10 MILLION CONVERTIBLE DEBT OFFERING; APPOINTS NED GOODMAN TO BOARD OF DIRECTORS

Woulfe Mining Corp. has appointed Ned Goodman to the board of directors.

Mr. Goodman is president and chief executive officer of Dundee Corp. and president and chief executive officer of Goodman Investment Counsel Inc. He is a geologist, a chartered financial analyst, a member of the Canadian Mining Hall of Fame, and is widely recognized as one of Canada's most prominent and successful mining sector financiers.

The company is also pleased to announce it has engaged Dundee Securities Ltd. as agent to sell on a reasonable commercial-efforts basis up to $10-million in principal amount of convertible unsecured subordinated debentures at a price of $1,000 per debenture. The debentures will have an interest rate of 10 per cent per year, payable semi-annually in arrears on the last day of June and December. The company will have the option to satisfy its interest payment obligations to pay interest by delivering sufficient common shares of the company to the trustee for the debentures at the market price at the time of settlement. The debentures will mature and be repayable on Dec. 31, 2017.

Each $1,000 principal amount of the debentures will be convertible at the option of the holder into 3,448.2759 units of Woulfe, representing a conversion price of 29 cents per unit. Each unit will comprise one common share and one-half of one share purchase warrant. Each whole warrant will entitle the holder to acquire one common share of the company at a price of 29 cents per share for a period of 24 months following the closing of the offering.

The company has granted to Dundee an option to offer up to an additional 15 per cent of the offering, being $1.5-million in principal amount of debentures, at the issue price, exercisable in whole or in part at any time up to 48 hours prior to the closing date for the offering.

The company has agreed to pay Dundee a commission of 6.0 per cent of the gross proceeds from the sale of the debentures forming the offering and to issue warrants equal to 6.0 per cent of the principal amount of debentures issued in the offering. The agent's warrants will entitle the holder, on exercise, to acquire 6.0 per cent of the principal amount of the debentures sold at the issue price for a period of 24 months following the closing of the offering.

The company shall have the option to redeem the debentures after Dec. 31, 2015, provided that the weighted-average closing price of the company's common shares during the 20 consecutive trading days ending five trading days preceding the date on which a notice of redemption is given is not less than 130 per cent of the conversion price, by delivering that number of common shares as is equal to dividing each $1,000 of principal amount of debentures by 95 per cent of the weighted-average closing price of the company's common shares during the 20 consecutive trading days ending five trading days preceding the date fixed for redemption or the maturity date, as the case may be, with any accrued or unpaid interest payable in cash.

The company intends to use the net proceeds of the offering for the repayment of short-term debt and for general corporate purposes. The offering is subject to normal regulatory approvals, including approval of the TSX Venture Exchange.

Dundee owns, directly or indirectly, approximately 11.86 per cent of the outstanding common shares of the company on undiluted basis and 14.41 per cent of the outstanding common shares of the company on a partially diluted basis.

Quelle:http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aWOF-20372…

[volvocb]

Antwort auf Beitrag Nr.: 44.105.031 von volvocb am 05.02.13 14:33:55

WOLFRAMERZ ($/T) NY

Rohstoffart: Rohstoffe


300,00 USD

Endlich gehts wieder aufwärts.

[volvocb]

Antwort auf Beitrag Nr.: 44.105.041 von volvocb am 05.02.13 14:35:54

The Investor’s Guide
28 Seiten

Quelle:http://www.woulfemining.com/i/pdf/FactSheet/WoulfeBrochure.p…
vom November, am 17.1 über Twitter veröffentlich.

[volvocb]

Antwort auf Beitrag Nr.: 44.105.058 von volvocb am 05.02.13 14:40:06

Wolfram als weiterer möglicher Highflyer für die nächsten Jahre
Andre Doerk in Nebenwerte Daily zum Thema Strategische Metalle

vom 23. November 2012

Quelle:http://www.investor-verlag.de/rohstoffe/strategische-metalle…

[volvocb]

Antwort auf Beitrag Nr.: 44.105.085 von volvocb am 05.02.13 14:46:54

Dienstag, 01. Januar 2013

Wirtschaftsreformen angekündigt
Kim will sich Südkorea annähern

Quelle:http://www.n-tv.de/politik/Kim-will-sich-Suedkorea-annaehern…

[volvocb]

Antwort auf Beitrag Nr.: 44.105.094 von volvocb am 05.02.13 14:50:11

Mines and Money London 2012 - Investor Spotlight - Woulfe Mining
Video 10 min
Brian Wesson
Quelle:http://vimeo.com/57055206

[volvocb]

Antwort auf Beitrag Nr.: 44.105.111 von volvocb am 05.02.13 14:55:45

Stay-Cool

schrieb am 21.01.13 13:22:52

Ein bisschen Lektüre: zuerst der Link - dann eine der Kernaussagen
Weiter unten noch mehr Links, aktuelle und z.T. mit Bezug auf Woulfe:

http://www.zhida-hardware.com/industry-info/234.html

APT in view of the current price level, Roskill expects APT average price for the whole year of 2011 will rise to a forecast $ 430 / t. 2012, is expected to only a handful of important new tungsten ore project substantially to market large supply of tungsten products, therefore, the market will continue to rely on existing manufacturer to respond to any demand growth. In view of this, Roskill expects tungsten supply will be further strained, so prices will rise further in 2012, the average price of APT will reach 475 U.S. dollars / ton.
2013-2015 period, with most of the plans of the new tungsten production capacity is expected to enter the market, is expected the tungsten price upward pressure will alleviate. Expected demand for tungsten will be continued growth after 2016, and thus generate more pressure on the supply side, and require the addition of new capacity.

http://tungsteninvestingnews.com/3282-reviving-tungsten-inte…

TIN: OK, so where does Springer fall on the cost curve?

GP: I would say we are in the middle. We are not as low as Woulfe Mining11’s (TSXV:WOF12) Sangdong tungsten project in South Korea, which I think is probably going to be the lowest cost of the restart prospects. That mine is bigger than Springer, and that helps them, but it’s a higher capital cost restart too. We forecast that Springer is comparable to the cash cost level of some of the other recent and successful restarts over the last couple of years, and that is the important point.

Zusammenfassen kann man wohl folgendes sagen:

a) Wolframpreis wird 2013/2014 stabil bleiben mit einer Tendenz zu steigenden Preisen ab 2016

b) Scheint als würden auch andere Unternehmen der Meinung sein, dass Woulfe sehr tiefe Produktionskosten aufweisen wird. Offenbar das grosse Problem bei Wolfram. Tiefe Grades sind tief und die Kosten das Metall aus dem Boden zu holen hoch. Woulfe scheint hier die Nase vorn zu haben.

Hier muss man wirklich auf die Zähne beissen und auf den Abschluss der Finanzierung warten. Das Projekt scheint auf einem stabilen Fundament zu stehen....aber eben...die Finanzierung.

Ich denke, wir sollten in den nächsten Wochen was sehen und dann höhere Kurse haben.

Quelle:http://www.wallstreet-online.de/diskussion/500-beitraege/109…

[volvocb]

Antwort auf Beitrag Nr.: 44.105.127 von volvocb am 05.02.13 14:59:54

Stay-Cool-2

schrieb am 22.01.13 07:49:57

Habe das auf Stockhouse gefunden. Klingt gar nicht so übel....

http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&…

Re: Vancouver Resource Investment Conference; Due to my schedule I could not make it this year, I asked my Brother-in Law to go by the booth and ask a lot of questions as he is in the Financing business near by downtown Vancouver.

He did go to WOF's booth # 1024; talked to Nick Smith as Brian was away in South Korea trying to put the deal together between the 3 parties involved in the financing. His perception from the long conversation with Nick Smith was quite positive and he claims that Nick Smith was an up front guy, straight forward on all the questions asked.

Nick did not appear to be pumping WOF as a speculative stock, but as a stock with great potential for growth and very enthusiastic about Brian and the ongoing negotiations on the financing with IMC and the Korean Bank, soon to come. ( possibly with weeks away).

In discussing his time with Nick he felt that something big is going behind the seen, as close to 50% of WOF's stock is owned by 5 to 6 institutions, Australia, England, Canada and US.

We came to the agreement that the minute that the stock is halted and the financing announcement is made, WOF will be trading over $1 and the potentiality over $5. ( as South Korea is a friendly country to conduct mining business and they will be using 100 % of the Tungsten mined at the mine).

Quelle:http://www.wallstreet-online.de/diskussion/500-beitraege/109…

[volvocb]

Antwort auf Beitrag Nr.: 44.105.141 von volvocb am 05.02.13 15:02:32

Quelle:http://apps.cnbc.com/view.asp?country=CA&uid=stocks/ownershi…


GCIC Ltd = Dundee !!

GCIC Ltd. 39.8M $
Colonial First ... 33.0M $
U.S. Global ... 8.7M $
Colonial First ... 4.2M $
Wesson (Brian) 2.0M $
Marmite Capital AG 1.0M $
Humboldt Capital ... 410.0K $
Icke (John Robert) 250.0K $

[volvocb]

Woulfe Mining – Warten auf Warren Buffets Check


Woulfe Mining hatte schon vor fast einem Jahr das Investment von IMC, einem
Unternehmen der Warren Buffet Gruppe, bekannt gegeben. Die Due Diligence war im Juni abgeschlossen worden und die ersten 5 Mio. Dollar waren geflossen. Auf die Zahlung der verbleibenden 35 Millionen muss Woulfe weiter warten, eine Erklärung für die Verzögerung wurde bisher nicht gegeben. Bei Woulfe herrscht dadurch derzeit Stillstand und das zeigt sich auch im Aktienkurs. Jetzt ist Geduld gefragt, danach ist der Weg dann frei und wir erwarten auch wieder deutlich höhere Kurse.

Quelle:http://www.wallstreet-online.de/nachricht/5090994-rohstoffex…

[volvocb]

Antwort auf Beitrag Nr.: 44.120.519 von volvocb am 08.02.13 18:50:23

WOLFRAMERZ ($/T) NY

Rohstoffart: Rohstoffe


310,00 USD +3,3333%

Quelle:http://www.boersennews.de/markt/rohstoffe/wolframpreis/83550…

[volvocb]

Antwort auf Beitrag Nr.: 44.120.527 von volvocb am 08.02.13 18:51:59

I think Ned Goodman & Dundee are about to get into a bidding war over Woulfe Mining with Warren Buffett's IMC/Berkshire Hathaway. This could get very interesting in the next few weeks.

Looks like IMC and Buffett should of closed this deal a long time ago. Now their attracting other billionaires to Woulfe Mining who want a piece of the action and might try to out bid them or sneak into the picture so they can buyout Woulfe Mining.

Goodman & Buffett Bidding War on WOF





















Goodman & Buffett Bidding War on WOF
von
StockExpertPro

If Ned Goodman's Dundee does a buyout of WOF they could resell Woulfe Mining and the assets for huge profit to IMC sometime in the future. Ned Goodman and Dundee realize that IMC desperately needs this long term supply of tungsten to expand their tool making factories. IMC has BIG plans to become the largest high grade tungsten tool making company in the world. IMC just recently spent many millions of dollars on a new factory in South Korea.

With Ned Goodman now on Woulfe Mining's board of directors this could completely switch things around on IMC. I think IMC and Buffett have just been duped at their own game.

Great buying opportunity on WOF. Long & Strong!

Quelle:http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&…

[volvocb]

Antwort auf Beitrag Nr.: 44.120.548 von volvocb am 08.02.13 18:57:04

The Case for Resources: Interview with Investing Icon Ned Goodman


By Resource Intelligence · March 24, 2009

Ned Goodman is considered one of the leading architects of Canada’s investment management industry and an outstanding member of the country’s philanthropic community.

Born in Montreal, Mr. Goodman combined an early interest in geology (McGill, B.Sc.) with business (U of T, MBA) in a unique approach to investment management and wealth creation that over the last 40 years has led to the establishment of the Dundee group of companies. Among the several interests that comprise the group, he is Chief Executive Officer of Dundee Corporation and today, Chairman of the Board of its largest subsidiary, Dundee Wealth, home of Dynamic Funds and the Dundee Bank of Canada.

...... weiter siehe Link

Quelle:http://www.resourceintelligence.net/draft-created-on-march-2…

[volvocb]

Antwort auf Beitrag Nr.: 44.120.586 von volvocb am 08.02.13 19:03:37

Market Access Profile von Standard &Poors

Woulfe Mining 7.2.2013

Quelle:http://reports.standardandpoors.com/aidata/maccess/pdf/98212…

[volvocb]

WOLFRAMERZ ($/T) NY

Rohstoffart: Rohstoffe

332,00 USD 4,7319%


Quelle:http://www.boersennews.de/markt/rohstoffe/wolframpreis/83550…

[volvocb]

Antwort auf Beitrag Nr.: 44.147.332 von volvocb am 15.02.13 19:07:53

Woulfe Mining Named to TSX Venture Top 50
February 14, 2013 -- Vancouver, Canada -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) is pleased to announce that it has been named one of the 2013 TSX Venture 50 companies, an annual ranking of strong performers listed on the TSX Venture Exchange.

The 2013 TSX Venture 50 is a yearly ranking comprised of the top 10 ten companies listed on the TSX Venture Exchange, in each of five major industry sectors including Clean Technology, Mining, Oil & Gas, Diversified Industries, and Technology & Life Sciences. The companies were ranked based on the following criteria - with equal weighting assigned to each: market capitalization growth, share price appreciation, trading volume and analyst coverage.

The TSX Venture 50 is intended to raise awareness of quality companies listed on the TSX Venture Exchange both to the market and to financial community and investors. The division of the top 50 companies in industry sectors shows the diversity of the companies listed on the TSX Venture Exchange and recognizes the company growth in their own industry sector.

The complete list of the 50 best venture companies is published on the TSX Venture Exchange website at www.tmx.com.

Brian Wesson, President & CEO of Woulfe, commented, "It is an honour for Woulfe to be included in the top 50 companies on the TSX Venture Exchange and testimony to the efforts of our staff and support of our investors in the redevelopment of the Sangdong tungsten/ molybdenum project in South Korea."

On Behalf of the Board of Directors
Woulfe Mining Corp.

"Brian Wesson"

Quelle:http://www.woulfemining.com/s/NewsReleases.asp?ReportID=5711…

[volvocb]

Gold Price Will Fall, Time to Switch to Specialty Metals?
Commodities / Metals & Mining Feb 13, 2013 - 09:18 AM GMT
By: The_Gold_Report


Tungsten, mainly. Tungsten has gotten prospective. There were a lot of companies lining up for the tungsten race in 2011, but 2012 proved to be difficult for financing. The tungsten price dropped from around $450/ton down to $320/ton. That took the wind out of the sails. It's still a phenomenal price for tungsten, but without financing ability, companies mothballed their projects. There's no improvement in what was a pretty dire supply dynamic because China has been restricting its tungsten exports.


TMR: How can investors play the tungsten market?


CE: Woulfe Mining (WOF:TSX.V) in South Korea has the world's former largest tungsten mine that it's reactivating.

Quelle:http://www.marketoracle.co.uk/Article38980.html

[volvocb]

Antwort auf Beitrag Nr.: 44.147.941 von volvocb am 15.02.13 21:16:19

Tungsten Market Update (February 14, 2013)
Thursday February 14, 2013, 3:25am PST
By Vivien Diniz - Exclusive to Tungsten Investing News


Tungsten APT in Europe is being reported at higher prices, in the range of $325-340/mtu as opposed to the recent $305-325/mtu range. Last week, in China there was a slight increase in prices for pure tungsten, which was reported at about $50/kg. This week prices are holding steady in China. Tungsten concentrates and tungsten APT min 88.5% are flat. However, with China observing its lunar New Year holidays this week that is of little surprise.

Given the decline in tungsten prices over the past 18 months, there is some concern about the fate of tungsten projects. APT prices were up as high as $500/mtu in the first half of 2011, which is a far cry from where they are now. Furthermore, analysts appear divided on where prices are going this year.

Also of note, the Chinese government is reportedly set to cut import tariffs on tungsten. The measure, which is expected to be temporary, aims to boost domestic demand and update the country’s industrial base, says Metal Pages.

Company News

Wolf Minerals (ASX:WLF) recently assembled a funding package worth roughly AU$212 million. With the funding the company will be able to start on the construction and development at Hemerdon, bringing the project closer to production.

Geodex Minerals (TSXV:GXM) reported the results of its 2012 exploration program on the Dungarvon tungsten-molybdenum-tin project in New Brunswick. Through the drill program, Geodex has refined its drill target areas to test for the source of multiple high grade tungsten boulder trains on the project. Initial grab samples from a two-meter diameter boulder returned 3.49% tungsten trioxide.

Earlier this month Woulfe Mining (TSXV:WOF) announced a $10 million convertible debt offering. Dundee Securities has been hired to sell on a reasonable commercial-efforts basis at a price of $1,000 per debenture with an interest rate of 10 percent payable on the last day of June and December.

Quelle:http://resourceinvestingnews.com/50303-tungsten-market-updat…

[volvocb]

Produktion in 2014 laut Woulfe Seite, etwas warten, dann lesen oben.

Schade, war aber logisch nach den vielen Verzögerungen.
Erstes Quartal ist noch machbar, denke ich, wenn der Winter nicht
so hart und lang wird.

[volvocb]

Woulfe Mining Clarifies and Restates Certain Disclosure

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 18, 2013) - Woulfe Mining Corp. (TSX VENTURE:WOF)(OTCQX:WFEMF)(FRANKFURT:OZ4) ("Woulfe" or the "Company") -

Woulfe Mining Corp. reports that as a result of a review by the British Columbia Securities Commission (BCSC), it is issuing the following news release to clarify, retract, restate and update certain of its previously issued investor relations presentations, reports and disclosures on its website www.woulfemining.com.

The Company's website, including a corporate presentation, a fact sheet and investor's guide (the "Materials"), contained the following information, none of which invalidates any portion of, or requires any amendment in relation to, the Company's feasibility study on the Sangdong property as published June 6, 2012:
•The Company's website and November 2012 Investor Guide (the "Guide") disclosed 2010 mineral resource estimates, completed as part of a scoping study (the "2010 Scoping Study"). The 2010 Scoping Study and mineral resource estimates have been superseded by a feasibility study on the Sangdong property having an effective date of June 6, 2012 and entitled "Sangdong Project Feasibility Study" (the "Feasibility Study"). The Feasibility Study was authored by TetraTech WEI Inc. and is available on the Company's SEDAR profile. It reports a Probable Reserve of 13.3 Mt @ 0.425% WO3 with a cut-off grade of 0.24% WO3. The Feasibility Study did not contain a complete mineral resource update, but converted a prior reported Indicated Resource of 16.4 Mt @ 0.45% WO3 with a cut-off of 0.15% WO3 to the Probable Reserve reported above. The prior resource estimates on the Sangdong property, including the Indicated Resource referenced above, had an effective date of January 24, 2012 and were included in a report entitled "Sangdong Project Resource Estimate" authored by Wardrop, TetraTech WEI Inc. (the "2012 Resource Report"). The 2012 Resource Report is available on the Company's SEDAR profile. The mineral resource estimates contained in the 2012 Resource Report are stated in the table below, noting that the Feasibility Study has converted the Indicated Resource to a Probable Reserve. It should be noted that the 2012 Resource Report states that the 2010 mineral resource estimates were made on a very different basis to the current (2012) estimates. The 2010 resource estimates largely relied on holes drilled underground by Korea Tungsten Mining Corporation and on a coarse geological interpretation of the mineralized zones. Because of doubts attaching to the location and sample quality control of these underground holes, and the limited geological understanding at the time, the 2010 mineral resources were classified in the Inferred category. The 2012 resource estimates rely entirely on modern drilling programmes with associated sample quality control. The modern data, however, covers only approximately the upper quarter of the known dip-length of the mineralized zones. For this reason, comparisons between the 2012 and 2010 mineral resource estimates should be treated with caution.

Table Sangdong, Skarn mineralisation Resource Estimate; reporting cutoff 0.15% WO3.

Tabelle:
....

Note: MoS2 is reported in terms of WO3 cut-off.
WO3 = Tungsten trioxide, MoS2 - Molybdenum Disulphide, MTU - metric tonne unit.
** Indicated Resources was converted to a Probable Reserve in the Feasibility Study.

The resource is split into two sections by elevation, representing the down dip potential of the deposit below current waterline.

The only current mineral resource and mineral reserve estimates that have been approved by or on behalf of the Company in relation to the Sangdong property are as stated above in the 2012 Resource Report and the Feasibility Study.
•The website and Materials contained aggregated resource numbers which added Inferred Resources to other categories of resources in respect of the Sangdong property, or which used a category of mineral resources, specifically "mineable resource", not permitted by NI 43-101 in respect of the Muguk property.
•The website and Materials discloses the results of economic analyses from the Company's feasibility study which may be misleading and/or unbalanced as the website and Material only reference pre-tax results without disclosing the comparative post-tax results. Investors are strongly encouraged to review the Feasibility Study in full.
•The Guide contained a reference to historical, non-43-101 compliant, resource estimates for the Sangdong Moly Stockwork. A non-NI 43-101 compliant historical resource estimate for molybdenum at the Sangdong property was reported by Korea Engineering Co. Ltd. in 2001 and a memo of Paul Matthews and Heywood Bates in 2008. A Qualified Person has not completed sufficient work in order to classify historical resource estimates for molybdenum on the Sangdong property as current mineral resources and the Company is not treating these historical estimates as prepared by Korea Engineering Co. Ltd. or Paul Matthews and Heywood Bates or otherwise as current mineral resources but as historical estimates. They are for informational purposes only and should not be relied upon.
•The website and Materials incorrectly references a 0.20% cut-off in relation to the 2012 resource estimates, where a 0.15% cut-off was used, as outlined above.
•The website and Materials failed to properly identify, and disclose the relationship to the Company, of the Qualified Person who approved, prepared or supervised the preparation of the technical information within. The Company has added this disclosure to its website and the Materials.

The Company retracts all non-compliant disclosures as referenced above and has amended the website and Materials to remove such disclosures, including the Guide which will be updated at a later date. The Company plans to complete a more comprehensive re-launch of the Company's website in the future.

In those instances where the Company has retracted, revised, clarified or updated previous disclosure, the Company advises readers not to rely on such statements as they may continue to be found in the public domain.

Patrick Roger Stephenson, P.Geo., of AMC Mining Consultants (Canada) Ltd., an independent consultant to the Company, is the Qualified Person under National Instrument 43-101 who has approved the technical content of this news release.

On Behalf of the Board of Directors

Woulfe Mining Corp.

Brian Wesson (FAusIMM), President, CEO and Director

Quelle:http://www.marketwire.com/press-release/woulfe-mining-clarif…

[volvocb]

Antwort auf Beitrag Nr.: 44.194.232 von volvocb am 27.02.13 19:17:48

von Stay-Cool-2

schrieb am 20.02.13 07:22:31

http://www.bnn.ca/Shows/Commodities.aspx

Habe mir den Bericht auf BNN gestern Abend noch angeschaut und fasse hier mal kurz zusammen:

Man hat offenbar den Wolfram Markt so genau und umfassend wie möglich analysiert und ist zum Schluss gekommen, dass die Nachfrage nach Wolfram 2013 eher etwas abnehmen wird und dann in einen ausgeglichenen Modus übergeht.

Woulfe wird als eines der wichtigsten Projekte ausserhalb Chinas erwähnt. Der Analyst geht offenbar davon aus, dass Woulfe und noch 1 oder 2 andere Player mit ihrer Produktion das Angebot an Wolfram eher erhöhen werden und damit der Wolframpreis keine grossen Sprünge machen wird.

Ab 2018/2019 jedoch sieht er ein Angebotsdefizit und steigende Wolframpreise.

Das Problem des Wolframmarktes allgemein: Wolfram wird nur in geringen Mengen gefunden. Das erschwert den profitablen Abbau und den Aufbau neuer Produktionen. Auch die Finanzierung solcher Projekte ist eine grosse Herausforderung. Im speziellen, da China 85 % der Wolframproduktion global kontrolliert. Das heisst: Der Wolframpreis ist politisch und kann von China jederzeit in die eine oder andere Richtung „bewegt“ werden. Erhöhen sie z.B. die Produktion, dann fällt der Preis. Reduzieren sie die Produktion oder die Exporte (!) dann steigt der Preis. Offenbar will China diese Vormachtstellung wenn immer möglich behalten. Für einen Investor oder für jemand der so ein Projekt finanziert bringt das doch einige Unsicherheit mit. Ein Projekt, das heute profitabel ist, kann morgen Verlust machen.

Abschliessend bleibt zu sagen, dass Wolfram ein wichtiges Metall ist. Auch strategisch (Waffenproduktion). So gesehen, wäre es von Vorteil wenn es neben China auch Anbieter/Produzenten ausserhalb China geben würde.

Mein Fazit und meine Ueberlegungen:

Wäre ich IMC, dann hätte ich ein vitales Interesse daran, Sangdong in Produktion zu bringen. Warum ? Ganz einfach: Ich hätte dann mein „eigenes“ Wolfram und wäre von den Launen der Chinesen wesentlich weniger abhängig. Egal was der Wolframpreis macht. Sogar eine Uebernahme (auch wenn sehr unwahrscheinlich) wäre gar nicht so blöd falls tatsächlich Sangdong nach rund 2 Jahren breakeven ist und die Kredite zurückbezahlt hat. Das würde dann nämlich heissen, dass man praktisch autark wäre.

Verfolgt man die letzten Entwicklungen in China in Bezug auf „Umweltschutz“, dann stellt man fest, dass auch die Bevölkerung langsam die Nase voll hat (im wahrsten Sinne des Wortes) von schlechter Luft und Umweltverpestung. So wie ich das verstehe, wird in China Wolfram in vielen, kleineren Minen abgebaut die oft die Umweltstandards in keiner Weise einhalten. Da sich die politische Führung auch für ein „ökologisches“ Wachstum einsetzt (und das in letzter Zeit auch hie und da mit drastischen Massnahmen unterstrichen hat), kann es sein, dass früher oder später diese vielen, kleineren Minen schlicht und einfach geschlossen werden. Das könnte einen stabilisierenden wenn nicht positiven Effekt auf den Wolframpreis haben.

Ein gewisses Risiko geht von Nordkorea aus. Ein Diplomat hat je gestern bei der UNO nicht weniger als die „Vernichtung Südkoreas“ als Ziel Nordkoreas proklamiert. Man weiss ja nie, was so ein Spinner von Diktator so vorhat. Der nächste grössere Atomtest soll bereits in der Pipeline sein. China und Russland haben bisher keinen Kommentar abgegeben. Andererseits liest man in der Presse, dass China doch langsam ein wenig die Nase voll hat von dem was der kleine Möchtegern Spinner in seinem „Reich“ so anstelle. Für mich übrigens, ist dieser Typ schlicht „krank“. Anfang Jahr sprach er noch von Frieden und Entspannung, jetzt Vernichtung. Der hat doch nicht alle Tassen im Schrank.

Was mich positiv stimmt:

Dundee ist an Bord, Ned Goodman sitzt im Board. Auch andere Big Boys haben ein paar Millionen investiert. In den letzten Tagen sind die Kurse stabil geblieben und die Volumen waren soweit okay. Technisch scheint der Chart eine möglichen Ausbruch aus ein Dreiecksformation anzuzeigen – es fehlen da aber noch ein paar Tage.

Brian scheint in Sangdong vor Ort zu sein. Wenn ich gewisse Kommentare aus Stockhouse richtig verstehe, dann scheint es ein „lokale Deadline“ zu geben – und zwar der 28. Februar. Bis dann hätten wohl die lokalen Vertreter in Sangdong ein klare Zusage in Bezug auf den Produktionsbeginn.

Also…der Bericht gestern auf BNN hat nur wieder aufgezeigt, wie komplex der Wolframmarkt ist. Eine klare Aussage zu Woulfe hat er nicht gebracht. Zumindest scheint Woulfe in den Augen eines Analysten der sich intensiv mit Wolfram auseinandergesetzt hat, nicht nur „heisse Luft“ zu sein. Das ist doch immerhin mal positiv.

So aus dem Bauchgefühl heraus, habe ich das Gefühl, das in den nächsten 2 Wochen etwas geht. Sicher geht etwas hinter den Kulissen. Die Frage ist nur was und ist es positiv oder ist es negativ. Eventuell hat Dundee etwas anderes vor mit Woulfe und IMC steht momentan gerade unter Druck? Wer weiss, was da wirklich abgeht. Ich auf jeden Fall nicht.

Ich bin mir relativ sicher, dass falls wir in den nächsten 2 Wochen leicht ansteigende Kurse sehen, mit leicht ansteigenden Volumen, dass bald einmal was kommt und der Aktienkurs ausbricht. Ich vermute wieder Richtung 35 Cents oder etwas mehr.

Quelle:http://www.wallstreet-online.de/diskussion/500-beitraege/109…

Danke

[volvocb]

Antwort auf Beitrag Nr.: 44.194.262 von volvocb am 27.02.13 19:23:11

von Nick Smith im Stockhouse:

Geologyfella,

Laurent just hit a nerve as all our investors (myself included) are waiting news and I am doing my best. I apologize for not rising above it on this occasion.

1 - My personal thoughts are that with the deadline of Feb 28th in public documents the company has to make some announcement on or before that time. Some options include loan is paid back, loan is extended or deal is done. Unfortunately I do not know what direction the negotiations will take or have taken just that all parties are still engaged and we are trying to get the announced deal done.

2 - I expect that the company decided to focus on the pressing deadline with IMC before updating the local groups. My understanding is that nothing can be said in that meeting that is not already publicly disseminated which would really help. I will find out if that is possible for investors to attend the meeting, but i do not think that will be a problem.

Again sorry for taking the bait!

Cheers

nick

Quelle:http://www.stockhouse.com/bullboards/messagedetail.aspx?s=WO…

[volvocb]

Antwort auf Beitrag Nr.: 44.194.296 von volvocb am 27.02.13 19:29:30

Woulfe Mining Announces Management Change

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 27, 2013) - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF)(OTCQX:WFEMF)(FRANKFURT:OZ4) announces today that Brian and Amelia Wesson have resigned from their positions as directors of the Company and as its President and Chief Executive Officer and VP of Business Administration, respectively, in order to pursue other opportunities.

The Company thanks Mr. and Ms. Wesson for their extensive contributions to the Company over the last three years in advancing the Sangdong project and wishes them continued success.

On Behalf of the Board of Directors

Woulfe Mining Corp.

David Constable, Chairman and Director

Quelle:http://www.marketwire.com/press-release/woulfe-mining-announ…

[volvocb]

Antwort auf Beitrag Nr.: 44.194.320 von volvocb am 27.02.13 19:33:19

The 10 Most Crisis-prone Metals

Tuesday February 19, 2013, 4:15am PST
By Dave Forest - Exclusive to Resource Investing News

Over the last few years, the rare earth market has taught investors about the dangers (and rewards) of geographically concentrated metals.

One nation — China — produces 86 percent of the planet’s rare earths. This dominance caused a panic in the market when Chinese exports were disrupted by government policies aimed at keeping rare earths in the country for domestic use.


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Fear of a massive supply disruption subsequently drove prices of the metals higher, also lifting share prices of producing and exploration companies to dizzying heights.

A similar story unfolded recently in the graphite market. The top three graphite-producing nations control some 88 percent of global output. Again, this monopoly has raised fears of a supply crunch.

Which metal is next?

New data released by the United States Geological Survey (USGS) last month provides some clues.

The USGS information shows the breakdown of global production for over 80 metals and other mineral commodities, revealing which markets are the most geographically concentrated — and thus the most primed for supply crises due to political, social or geological problems in the biggest producing nations.

The mineral monopolies

Resource Investing News conducted its own exclusive analysis of the USGS data, compiling the numbers to tease out two metrics:
1.What percentage of global production is controlled by the top producing nation in the market?
2.What percentage of production is controlled by the top three producing nations as a group?

The table below shows the metals that are most tied to the fate of one or a few countries as well as metals that may be at risk of future supply shocks similar to those experienced by the rare earths and graphite markets.

Tabelle:

...

Markets at risk

Rare earths and associated elements like yttrium and niobium dominate the list, along with small-market commodities like bismuth, helium and mercury.

But the data reveals that several other metals — with larger global markets — are at risk because of their extremely restricted geographic output.

Like tungsten. China produces 85 percent of the world’s tungsten supply. That’s a market that produces 73,000 metric tonnes (MT) per year — comparable in size to the rare earth market, where production totals 110,000 MT yearly.

China produces 62,000 MT of tungsten a year. The next-largest producer, Russia, puts out just 3,500 MT. As with rare earths, what happens in China moves this market.

Recently, China has been making moves to cut its tungsten exports by imposing export taxes and implementing policies that favor value-added, in-country processing of tungsten ores.

Options for additional global tungsten supply are limited. Substantial reserves are found in both Russia and Kazakhstan — neither of which are seeing much development.

Canada is one of the few nations seeing some ramp up in tungsten output. Canada produced 2,000 MT in 2012. Producers like North American Tungsten (TSXV:NTC) have contributed much of this output.

With its substantial known reserves and past production, the United States could also be an alternative tungsten supplier. EMC Metals’ (TSXV:EMC) Springer Mine in Nevada and Galway Metals’ (TSXV:GWM) Victorio project in New Mexico are two of the most advanced projects in the US.

South Korea could also become a tungsten player, with Woulfe Mining (TSXV:WOF) trying to bring the historic Sangdong tungsten mine back into production. Woulfe attracted investor interest last year when IMC, a subsidiary of Warren Buffett’s firm, Berkshire Hathaway (NYSE:BRK.A), agreed to pay $35 million for a 25-percent stake in the project. Woulfe plans to start production at Sangdong — once the world’s biggest tungsten mine — by the fourth quarter of this year.

Other companies with tungsten projects on the move include: Almonty Industries (TSXV:AII), which has a past-producing tungsten mine in Western Spain; Blackheath Resources (TSXV:BHR), which is exploring for tungsten in Portugal; Happy Creek Minerals (TSXV:HPY), which has a tungsten-molybdenum property in British Columbia, Canada; Playfair Mining (TSXV:PLY), which is developing a portfolio of tungsten projects across Canada; Tungsten Mining (ASX:TGN), which has an advanced tungsten play in Western Australia; and Wolf Minerals (ASX:WLF), an emerging tungsten producer focused on the Hemerdon Ball tungsten and tin mine in Devon, England.

The new strategic metals

Tungsten is probably the most familiar of the at-risk metals. But a number of other names could soon become well known to investors.

The antimony market is another that swings with China. Chinese production accounts for 83 percent of the 180,000 MT of antimony produced globally each year.

Several new antimony projects are being evaluated in Canada, Turkey, Italy, Russia and Australia, among others. Production is being hampered, however, by the metal’s toxicity and environmental risks.

Strontium and wollastonite are two other less-known metals with potential supply problems.

China, Spain and Mexico produce 96 percent of the world’s 380,000-MT-per-year supply of strontium, a metal whose anchor use is in glass and ceramics. Iran is noted as one of the few nations that could increase strontium supply.

Wollastonite — used to manufacture plastics, rubber and paints — comes in near-entirety from China, India and Mexico.

A more familiar name making the at-risk list is vanadium. While top-producing nation China controls only 37 percent of global output, the top three countries — China, South Africa and Russia — together account for 97 percent of the market.

Vanadium may be particularly vulnerable to disruption given recent labor unrest in South Africa. The metal also has few substitutes in high-end aerospace alloy applications.

Largo Resources (TSXV:LGO) holds one of the nearest-term sources of alternate supply in its Maracas project in Brazil, now under construction. American Vanadium (TSXV:AVC) is in permitting with its Gibellini project in Nevada.

And PacificOre Mining (TSXV:PC), formerly Apella Resources, started pre-drilling last year on what the company states is one of the largest undeveloped vanadium deposits in the world: the Lac Dore vanadium-titanium project is near Chibougamau, Quebec.

Other vanadium explorers include Energizer Resources (TSX:EGZ), which is bringing forward a graphite and vanadium deposit in Madagascar, and West Melville Metals (TSXV:WMM), which is working to advance its Isortoq iron-titanium-vanadium project in Greenland.

A precious metal in peril

One of the most interesting findings is that platinum is an at-risk metal, with 72 percent of global platinum output coming from top producer South Africa, a place that — as noted above — is facing significant issues, including labor unrest, higher power costs and aging mines.

Potential new sources of platinum are rare, especially in investment-friendly jurisdictions. The other significant producing nations are Russia and Zimbabwe.

Canada produces 3.5 percent of the world’s platinum as by-product from nickel in Sudbury, Ontario. Companies like Prophecy Platinum (TSXV:NKL,OTCQX:PNIKF) are looking for similar nickel-platinum deposits.

One potential new source of by-product production could be Colossus Minerals’ (TSX:CSI,OTCQX:COLUF) Serra Pelada platinum-gold project in Brazil, currently under construction. Other companies looking to develop platinum properties include Nortec Minerals (TSXV:NVT), which has a polymetallic deposit that includes platinum in Finland, and Rockland Minerals (TSXV:RL), which has a copper-nickel-platinum-palladium asset in Quebec, Canada.

Platinum stands in stark contrast to gold, which took the honors from our survey as the least geographically concentrated metal on the planet. Top producer China put out just 14 percent of the world’s gold in 2012. The top three producers — China, Australia and the United States — managed just 31 percent of world production.



Securities Disclosure: I, Dave Forest, do not hold equity interest in any companies mentioned in this article.

Related reading:

Four Vanadium Frontiers for a Changing Market

Quelle:http://resourceinvestingnews.com/50503-crisis-prone-metals-a…

[volvocb]

Antwort auf Beitrag Nr.: 44.194.341 von volvocb am 27.02.13 19:39:37

Tungsten APT

Last updated

2013-02-26

+0.70%
über 350 Doller pro MTU

Quelle:http://www.metal-pages.com/metalprices/tungsten/

[volvocb]

BOARD OF DIRECTORS

The Board of Directors currently consists of:
- Mr. John Icke
- Mr. Hubert Marleau
- Mr. David Constable
- Mr. Ned Goodman (appointed February 4, 2013)

On February 27, 2013, the Company announced that Brian and Amelia Wesson resigned from their positions as directors of the Company and as its president and chief executive officer and its vice-president of business administration, respectively.

Quelle:http://sedar.com/CheckCode.do;jsessionid=000080oBlq68hWxpPuk…

[volvocb]

Antwort auf Beitrag Nr.: 44.211.156 von volvocb am 04.03.13 14:56:43

MANAGEMENT DISCUSSION AND ANALYSIS vom 1. März

FOR THE THREE AND SIX MONTHS ENDED DECEMBER 31, 2012
17 Seiten


Quelle:http://sedar.com/CheckCode.do;jsessionid=000080oBlq68hWxpPuk…

[volvocb]

Antwort auf Beitrag Nr.: 44.211.165 von volvocb am 04.03.13 14:58:31

Condensed Consolidated Interim Financial Statements of

WOULFE MINING CORP.
For the three and six months ended December 31, 2012
vom 1.März

15 Seiten

Quelle:http://sedar.com/CheckCode.do;jsessionid=000080oBlq68hWxpPuk…

[volvocb]

Woulfe Mining Extends and Increases Term Loan


VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 4, 2013) - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF)(OTCQX:WFEMF)(FRANKFURT:OZ4) announces today that it has executed an Amended and Restated Bridge Loan Agreement (the "Amended Loan Agreement") in respect of the original $5 million bridge loan advanced by TaeguTec Ltd. ("TaeguTec"), an affiliate of International Metalworking Companies B.V. ("IMC"), on February 26, 2012 and an amendment agreement to the Subscription Agreement dated February 26, 2012 between the Company, its wholly owned subsidiary Sangdong Mining Corp. ("Sangdong") and IMC (the "Amendment Agreement") pursuant to which IMC will acquire a 25% interest in Sangdong for aggregate consideration of $35 million. (See Woulfe press release dated February 28, 2012).

Pursuant to the Amended Loan Agreement, the maturity date of the original loan has been extended to the earlier of the closing of the strategic transactions with IMC or February 26, 2014 and TaeguTec has agreed to make two further advances of term loans to Sangdong, such that the aggregate amount outstanding under the Amended Loan Agreement, including capitalized interest and accrued, unpaid and uncapitalized interest on the original $5 million advance to date, shall be $10 million when such additional advances are made. The initial additional advance of $500,000 has been funded and the second further advance of approximately $4.2 million will be funded within eight business days, subject to the satisfaction of certain conditions.

Pursuant to the Amendment Agreement, the parties have agreed that the outside date for the completion of the transactions contemplated by the Subscription Agreement shall be extended until February 26, 2014. The parties are however working towards completion of the transactions contemplated by the Subscription Agreement as soon as is feasible.

On Behalf of the Board of Directors

Woulfe Mining Corp.

David Constable, Chairman and Director

Quelle:http://www.marketwire.com/press-release/woulfe-mining-extend…

[volvocb]

whoisyourpapa2
3/5/2013 9:55:49 AM

Spoke to David Constable yesterday. . .

I asked him why the loan with IMC was extended for so long (1 year). He said that IMC wanted it that way as an "assurance of exclusivity". They wanted to make sure that Wof was not going to talk to anyone else.

He said that the reason the deal is not yet done is because of the bank, they require additional engineering drawings as part of their DD which Wof is working diligently to produce and give to them.

I asked him how long from the day the financing is in place it will take for the mine to be producing. He said 15 - 16 months.


He said a new CEO should be announced within the next 7 - 10 days.

He said that the additional 5Mil from IMC does not cancel out the debentures. He confirmed the debentures are "still in play" . Specifically, he said the 5Mil loan and the debentures are two separate things.

whois

Quelle: http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&…

[volvocb]

Stay-Cool-2
schrieb am 06.03.13 10:13:32
Beitrag Nr.79775

Habe mir das Interview angeschaut und möchte folgende Punkte heraustreichen:

a) Ned Goodman: Mining Legend
b) Er macht klar, dass er sich wichtige (significant) Projekte selber vor Ort anschaut.
c) Er war 3 Tage in Südkorea und erwähnt, dass es um Tungsten ging. Ich denke, 3 Tage um eine Mine anzuschauen, bedeutet doch, dass er sich die Sachen genau anschaut
d) Er wird gefragt: Do you smell a fake? Also: Riechen sie einen Betrug? Er meinte: Er denkt ja, wobei er sich weniger auf seinen Geruchsinn verlässt als auf Fakten.
e) Er erwähnt, dass ein Flug nach Südkorea 15 Stunden dauert. Ich denke nicht, dass Goodman 15 Stunden fliegt um ein paar Krümel anzuschauen.....der Mann ist Milliardär.

Fazit: Es deutet doch einiges darauf hin, dass in nächster Zeit etwas geht und Goodman bzw. Dundee hier wirklich Kohle machen wollen. In welcher Form auch immer.

3 Tage Südkorea....evenutell waren da noch Gespräche mit der Bank oder wem auch immer dabei.

In diesem Sinne...hoffen wir gehts endlich mal aufwärts !

Quelle:http://www.wallstreet-online.de/diskussion/1090248-79771-797…



Quelle: http://watch.bnn.ca/#clip878250 Part 1 Video ca. 10 min Goodman
Quelle: http://watch.bnn.ca/#clip878133 Part 2 Video ca. 8 min Goodman
vom 5.3.2013 auf BNN von der PDAC

[volvocb]

Quelle:http://www.commodity-tv.net/c/mid,2940,Vancouver_2013/?v=100…
Nick Smith Video 6.30 min

Investor relations Nick Smith claims that Woulfe Mining plans on paying dividends to the shareholders as soon as possible. After production begins on their mining projects.

Then the guy interviewing him makes a comment at the end of the interview. Dividends! Thats the Future!

Quelle: http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&…

[Mainstern]

Warten wir es ab....ziehz sich aber in die Länge.

[volvocb]

schrieb am 06.03.13 00:25:22

The "legend" is on air...

Ned Goodman on BNN

http://www.bnn.ca/Shows/Headline.aspx

Teil 1 und 2 sind verfügbar. Einfach Link öffnen, runter scrollen bis Headlines und rechts neben dem Video sind Part 1 & 2 abrufbar.

Hört sich gut an und er ist ein sympathischer Kerl...

Enjoy

Quelle:http://www.wallstreet-online.de/diskussion/500-beitraege/109…

[volvocb]

Antwort auf Beitrag Nr.: 45.401.745 von volvocb am 06.09.13 21:20:35

schrieb am 06.03.13 19:44:03

Zitat von Moneymaker78Nick Smith on Commodity-TV

http://www.commodity-tv.net/c/mid,2940,Vancouver_2013/?v=100…

Hört sich jedenfalls alles sehr positiv und definitiv an. Das Projekt ist auch zu wertvoll für IMC (strategische Rohstoffabsicherung), dass die sich nicht einig werden. Hier ist jedenfalls immer noch die Rede von Produktion Ende 2013 und investition der Gewinne in Muguk + Dividende (ASAP).

Wie bereits gesagt: Es geht nicht um das OB, sondern um das WANN und WIE VIEL (für uns Kleinaktionäre übrig bleibt) !

Quell:http://www.wallstreet-online.de/diskussion/500-beitraege/109…

[volvocb]

Antwort auf Beitrag Nr.: 45.401.755 von volvocb am 06.09.13 21:23:35

March 13, 2013 -- Vancouver, Canada -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) announces today has appointed Hubert Marleau, a director of the Company, as its interim Chief Executive Officer.

Mr. Marleau is a Director of Palos Capital Corporation. With over 40 years of experience in the business and financial community, Mr. Marleau has raised funds privately and publicly for hundreds of emerging and mature companies, structured many mergers and acquisitions, as well as designed and created numerous financial deals in Canada. Mr. Marleau has worked at the executive level of several large investment banks notably, Nesbitt Thomson Inc., and Levesque Beaubien Inc. in addition to his own firm, Marleau, Lemire Inc. Throughout his career, Mr. Marleau has been a board member for a multitude of publicly traded companies, governor of the Vancouver and Montreal stock exchanges. a member of the listings committee of the Toronto Stock Exchange, and director of the Investment Dealer Association of Canada.

Hubert Marleau commented "I am honoured to be asked to provide my services in the role of interim President & CEO at what is a critical stage in the Company's evolution. We have a business with great, yet to be realized, potential and there is much work to be done. I am confident, however, that with the collective assistance of all of our stakeholders we will prevail in our objective in developing and operating a world class tungsten mine with appropriate rewards for our shareholders and employees."

On Behalf of the Board of Directors
Woulfe Mining Corp.

"David Constable"

David Constable, Chairman and Director

Quell:http://www.woulfemining.com/s/NewsReleases.asp?ReportID=5761…

[volvocb]

Antwort auf Beitrag Nr.: 45.401.775 von volvocb am 06.09.13 21:26:37

April 05, 2013

News from Korea, March/April 2013...


But not, obviously THE news...

Just a run-down of the news pieces that have popped up over the past bit of time since Brian Wesson and company parting ways with Woulfe Mining.

Yes, a little bored in preparing this, but thought you here on the board may want to take a peek and google translate the pieces to your leisure.

Unfortunately, health issues are focus for our family now. This will probably be the last post I make here.

GLTA LONGS, take care.



1) From April 2nd: http://www.ngo-news.co.kr/sub_read.html?uid=45119 Just some background info

with pics about the Sangdong Mine.

2) From March 29th: http://www.seoul.co.kr/news/newsView.php?id=20130329014009 A piece about the exploration and development "boom" that is taking place in the province and Sangdong Mining is a part of that.

3) From March 28th: http://www.edaily.co.kr/news/NewsRead.edy?SCD=JG11&newsid=01… Just a news item about how Taegutec has been so successful after dealing with strikes in the past. Basically management focused on a truly open-door policy b/t managment and workers, that and the desire to become the number one in the world.

4) From March 27th: http://www.theleader.kr/news/articleView.html?idxno=19900 Information about the special committee that was created to review Sangdong Mining and their business in Korea. With deadlines etc.

5) From March 27th: http://www.ekn.kr/news/articleView.html?idxno=82768 At a major mining industry meeting in Korea with government the realisation that more needs and will be done in the form of investments / capital to help in the development of the mining industry particularly Kangwon Province.

6) From March 22nd: http://www.newsis.com/pict_detail/view.html?pict_id=NISI2013…

Basically introducing the new leaders of Sangdong Mining....

7) From March 22nd: http://www.newsis.com/pict_detail/view.html?pict_id=NISI2013… Intro to the new management...

8) From March 22nd: http://www.newsis.com/pict_detail/view.html?pict_id=NISI2013…

Intro new managment.

9) From March 20th: http://www.kado.net/news/articleView.html?idxno=616319 The provinicial chairperson announcing the development of a special committee to review among other things Sangdong Mining in an effort to address concerns.


Quelle:http://www.stockhouse.com/companies/bullboard/v.wof/woulfe-m…

[volvocb]

Antwort auf Beitrag Nr.: 45.401.795 von volvocb am 06.09.13 21:30:23

Woulfe Mining Corp. Featured in The Metals Report
Tuesday April 16, 2013, 10:59am PDT
Ken Chernin, an equity research analyst with Jennings Capital discussed Woulfe Mining (TSXV:WOF) in a recent interview with The Metals Report.

As quoted in the interview:

“
I don’t cover Woulfe Mining Corp. (WOF:TSX.V), which has the Sangdong brownfield project in South Korea, but it looks interesting. Before it closed it was one of the larger mines in the world outside China. International Metalworking Cos. (IMC), a subsidiary of Berkshire Hathaway Inc. (BRK:NYSE.A), has a potential agreement in place with Woulfe. Pending the conclusion of due diligence, IMC will invest CA$35M into the Sangdong mine for a 25% interest. Then it will invest a further CA$19.5M in the APT plant for a 55% interest in the APT. Under the terms of the agreement, it will actually put about CA$35M in. This will cover Woulfe’s investment, and Woulfe will pay it back out of sales. Under the agreement, which is not definitive, a minimum of 90% of the concentrate produced is guaranteed under the agreement with IMC.”

Quelle:http://resourceinvestingnews.com/53722-woulfe-mining-corp-fe…

[volvocb]

Antwort auf Beitrag Nr.: 45.401.811 von volvocb am 06.09.13 21:33:28

Woulfe Mining Appoints New president for its South Korea Subsidiary

April 19, 2013 – Vancouver, Canada – Woulfe Mining Corp. ("Woulfe” or the “Company”) (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) is pleased to announce the appointment of Mr. Sang Bum Lee as President of the Company’s wholly-owned South Korean subsidiary, Sangdong Mining Corporation.
Mr. Lee has over 30 years of experience in the non-ferrous metals (Zinc, Lead and Precious Metals) industry gained in Korea, Australia, Europe and the USA in various technical roles that include project engineering, construction project management and business and technology improvements as well as general management.
Since completion of his Bachelor of Engineering (Major – Metallurgical Engineering) at the Korea University in South Korea, Mr. Lee has enjoyed a successful career spanning 30 years with Korea Zinc Co Ltd., a South Korean company which supplies approximately 10% of the world’s demand of zinc metal products and also one of the largest non-ferrous metals producer in the world. Mr. Lee held various positions ranging from process engineering; plant construction; production management and commercial management to, most recently, managing director and CEO of Sun Metals Corporation Pty Ltd. - a wholly-owned Australian subsidiary of Korea Zinc Co Ltd.
Commenting on Mr. Lee’s appointment, Hubert Marleau, interim President and CEO of Woulfe Mining Corp., stated that “Mr. Lee has significant relevant experience in the resources industry and has a set of skills that will be highly complimentary to the requirements of the Sangdong project. The fact that he is a South Korean national and speaks and writes both Korean and English fluently is an added bonus. The Directors of Woulfe Mining Corp. believe that he will have an immediate positive impact at the Sangdong project”.
Mr. Marleau went on to state that “Mr. Lee’s appointment represents the first of many updates that our stakeholders can expect over the next few months. I have recently returned from a lengthy orientation visit to South Korea and have a succinct understanding of where the Company is at and I am please with the Company’s progress to date.”
On Behalf of the Board of Directors Woulfe Mining Corp.
“Hubert Marleau”

Quelle:http://www.infomine.com/index/pr/pb304632.pdf

[volvocb]

Antwort auf Beitrag Nr.: 45.401.827 von volvocb am 06.09.13 21:37:45

Woulfe Mining Provides Update



VANCOUVER, CANADA--(Marketwired - May 17, 2013) - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF)(OTCQX:WFEMF)(FRANKFURT:OZ4) provides the following corporate update.

Following the resignation of the former executive management team (See News Release dated February 27, 2013), the Board and the interim CEO have initiated a comprehensive investigation into the Company and its subsidiaries to ensure business continuity. Following an extensive internal and external assessment of the Company and its subsidiaries, the Board and interim CEO have identified issues relating to liquidity and the ability of the Company and its subsidiaries, including Sangdong Mining Corp., to meet various payables beyond the next few months.

The Board and interim CEO recognize the seriousness of these issues, including the potential ability to advance its key Sangdong Tungsten Project located in South Korea in the manner and timing anticipated in earlier corporate communications.

Currently, the Board and Interim CEO have initiated an internal review to further preserve cash, reduce costs and enhance corporate efficiencies. In addition, the Company continues negotiations with various parties to provide a short-term financing solution to meet its obligations and to provide funds to advance the Company's flagship Sangdong Tungsten Project, although there is no guarantee that such financing may be available. Longer term, the Company, with the considerable assistance of its largest shareholder, Dundee Corporation, continues its ongoing discussions with IMC International Metal Working Companies B.V. in order to reach a successful completion of the strategic transactions announced in February 2012.

The current Board review also investigated, with the assistance of Dundee Corporation, the technical aspects of the Sangdong Tungsten Project and identified considerable additional test work necessary to bring the project to commercial preparedness. This will require additional funding to complete. Meanwhile, a full complement of staff and employees remain on site at the Sangdong Tungsten Project planning further technical work and assessment.

On Behalf of the Board of Directors

Woulfe Mining Corp.

Quelle:http://web.tmxmoney.com/article.php?newsid=60290854&qm_symbo…

[volvocb]

Antwort auf Beitrag Nr.: 45.401.853 von volvocb am 06.09.13 21:41:48

Korean tungsten mine hangs in balance as Woulfe Mining faces cash crunch

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By: Henry Lazenby

21st May 2013



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TORONTO (miningweekly.com) – Woulfe Mining, which is advancing the development of the Sangdong tungsten mine, in South Korea, late last week said it was facing a cash crunch following a company-wide investigation after the resignation of the former executive management team in February.

The board and acting CEO Hubert Marleau initiated a comprehensive investigation into the company and its subsidiaries to ensure business continuity. The investigation had identified issues relating to liquidity and the ability of the company and its subsidiaries, including Sangdong Mining, to meet various payables beyond the next few months.

Woulfe said its board and interim CEO recognised the seriousness of these issues, including the potential impact on its ability to advance the Sangdong project “in the manner and timing anticipated”.

The company said it had started an internal review to further preserve cash, reduce costs and enhance corporate efficiencies.

Woulfe, which, in February, was named to the TSX Venture Top 50, which identifies the top 10 companies in each of five major industry sectors, said it was in negotiations with various parties to provide a short-term financing solution to meet its obligations and to provide funds to advance the flagship project, although there was no guarantee that such financing might be available.

In the longer term, the company, with the substantial assistance of its largest shareholder, Dundee Corporation, continued discussions with IMC International Metalworking Companies, to successfully complete the strategic transactions between the parties.

This partnership, entered into in February 2012, was aimed at realising strategic advantage, given Woulfe's mining and processing technical abilities and IMC's downstream manufacturing skills, high level of innovation and quality products sold into the global tungsten market.

Under the terms of the partnership agreements, IMC was to acquire a 25% interest in Sangdong Mining for C$35-million, which was to be used for developing the mine.

Woulfe and IMC had also planned to establish a Korean joint venture (JV) company, in which Woulfe would hold a 45% stake and IMC the balance. The JV company would build a tungsten refining plant to produce ammonia paratungstate.

IMC had also agreed to subscribe for C$19.25-million in equity in the JV company and to lend Woulfe C$15.75-million, all of which would be used by Woulfe to pay for its 45% interest in the JV, and which could be repaid in tungsten concentrate produced by Sangdong.

Meanwhile, the current board review also investigated, with the assistance of Dundee, the technical aspects of the Sangdong project and identified “considerable” additional testwork that was needed to bring the project to commercial preparedness, which was deemed to require more funding to complete.

Meanwhile, all staff and employees remained on site at Sangdong, planning further technical work and assessment.

Woulfe’s announcement late on Friday sent its TSX-V-listed shares plunging by more than 35% on Tuesday, to trade at C$0.13 apiece in the afternoon.

Edited by: Creamer Media Reporter

Quelle:http://www.miningweekly.com/article/korean-tungsten-mine-han…

[volvocb]

Antwort auf Beitrag Nr.: 45.401.853 von volvocb am 06.09.13 21:41:48

June 24, 2013 09:00 ET

Woulfe Mining Provides Corporate Update






VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 24, 2013) - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF)(OTCQX:WFEMF)(FRANKFURT:OZ4) advises that Nathan Goodman has resigned from its board of directors. The Company will need to raise a considerable amount of capital to rectify its current financial position, further delineate its mineral resource model and determine a work plan.

Since Mr. Goodman is a major stakeholder in the Company, through Dundee Corporation, and anticipates participation in further financing of the Company, either directly or indirectly, he has tendered his resignation as a board member in order to avoid any potential conflict of interest in relation to any such financing. Woulfe regrets his resignation but respects Mr. Goodman's decision. The board thanks Mr. Goodman for his contributions and assistance to the board.

The Company cautions that there are no assurances that a financing will be completed in the future on terms acceptable to the Company or at all.

On Behalf of the Board of Directors

Woulfe Mining Corp.

Quelle:http://www.marketwire.com/press-release/woulfe-mining-provid…

[volvocb]

Antwort auf Beitrag Nr.: 45.401.889 von volvocb am 06.09.13 21:50:16

schrieb am 26.07.13 13:43:53

Zitat von blueholeWeiterhin: WOF ist kein innerkanadisches Projekt bei dem IMC/Dundee oder Buffet/Goodman nach Gutdünken schalten und walten können. Ich gehe einfach mal davon aus, dass auch SK, Korea Zinc und mögliche andere koreanische Unternehmen ein gewichtiges Wort in diesem Spiel mit undurchsichtiger Gemengelage mitreden wollen.


Und nicht nur die...

Canada courts S Korean business community

TORONTO (miningweekly.com) – Canada’s Natural Resources Minister, Joe Oliver, on Monday courted the South Korean business community in Vancouver, saying exports to South Korea, located in one of the fastest-growing regions of the world, were an important contributor to the country’s prosperity.

Oliver said government was “aggressively” pursuing agreements with countries in the Asia-Pacific region that would permit Canadian businesses to compete internationally.

The Minister reinforced the importance of the shared benefits for Canada and South Korea in increasing trade and market diversification.

Oliver reiterated that the federal government, under the Conservative leadership of Prime Minister Stephen Harper, had made it a priority to enhance international relationships to increase opportunities for Canada’s natural resource sectors, including exporting liquefied natural gas (LNG) to South Korea, the world’s second-largest importer of LNG.

Oliver said that, as Canada became a significant source of LNG, the expanding economies of Asia become obvious markets.

“Today, South Korea is Canada’s seventh-largest trading partner, with two-way trade of more than $10-billion. We are strengthening our bilateral strategic relationship to encourage trade, investment and technological innovation in the natural resource sectors,” he noted.

TSX-V-listed Woulfe Mining was working on building the Sangdong tungsten mine, in South Korea.

Quelle: http://www.miningweekly.com/article/canada-courts-s-korean-b…

Quelle:http://www.wallstreet-online.de/diskussion/500-beitraege/109…

[volvocb]

Antwort auf Beitrag Nr.: 45.401.901 von volvocb am 06.09.13 21:53:22

schrieb am 02.08.13 15:58:32


...tja, das frage ich mich aber langsam auch, was da los ist.

Umso merkwürdiger sind dann solche Auftritte:

http://www.minesandmoney.com/beijing/sponsors-2013/

Das war im Juni 2013. Keine Ahnung was das kostet, aber immerhin "zeigt" man dort eine "lebendige" Firma. Und die Mines and Money ist ja nun nicht irgendeine Show.

Quelle:http://www.wallstreet-online.de/diskussion/500-beitraege/109…

[volvocb]

Antwort auf Beitrag Nr.: 45.401.913 von volvocb am 06.09.13 21:55:26

Hello all.
Hopefully this is a good news. I was reading the transcription of local news channel (KBS Wonju) and read this. (This is the translation of it)

Youngwol Sangdong Mining to begin in 2-3 months

Sangdong mine, whose development has been delayed for over a year, is to begin its operation soon.

Based on KBS reporter's phone conversation with a representative from Sangon mining, last minute details on the technique and site research of high quality tungsten are being currently finalized. If everything goes as planned, re-development will begin as soon as within 2-3 months.

Meanwhile, Sangdong mining, which was closed in 1992, received significant investment from IMC to help its re-development.

Quelle:http://www.stockhouse.com/companies/bullboard/v.wof/woulfe-m…

[volvocb]

Antwort auf Beitrag Nr.: 45.401.927 von volvocb am 06.09.13 21:58:52

Woulfe Mining Announces $1 Million Private Placement







VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 08/26/13 -- Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE: WOF)(OTCQX: WFEMF)(FRANKFURT: OZ4) is pleased to announce the re-appointment of Ned Goodman to the board of directors.

The Company is also pleased to announce it has arranged a non-brokered private placement to raise gross proceeds of $1 million. The placement involves the sale of 10,000,000 units at a price of $0.10 per unit. Each unit will comprise one common share and one warrant exercisable to acquire an additional share of the Company at a price of $0.12 per share for a period of three years.

The Company intends to use the net proceeds of the placement for general corporate purposes. The placement is subject to normal regulatory approvals, including approval of the TSX Venture Exchange.

On Behalf of the Board of Directors

Woulfe Mining Corp.

Quelle:http://www.finanznachrichten.de/nachrichten-2013-08/27822805…

[volvocb]

Antwort auf Beitrag Nr.: 45.401.939 von volvocb am 06.09.13 22:00:02

Einigung mit Nordkorea
Südkorea gewinnt Einfluss auf Industriepark Kaesong
Donnerstag, 29.08.2013, 12:15


Nord- und Südkorea verhandeln weiter erfolgreich über die Wiedereröffnung des Industrieparks Kaesong. Künftig sollen beide Länder den Betrieb gleichberechtigt mitbestimmen. In einem Abkommen wird dem Süden damit mehr Einfluss gewährt.


Im Zuge ihrer zaghaften Annäherung treiben Nord- und Südkorea die geplante Wiederinbetriebnahme des seit April geschlossenen Industrieparks in Kaesong voran. Beide Länder unterzeichneten am Donnerstag ein Abkommen über ein gemeinsames Komitee, das den Betrieb des grenznahen Gewerbekomplexes in Nordkorea künftig beaufsichtigen soll. Das teilte das Vereinigungsministerium in Seoul mit.

Besonders Südkorea profitiert von der jüngsten Vereinbarung. Das neue Komitee werde nun im Gegensatz zum früheren Management von beiden Ländern gleichermaßen besetzt sein, sagte eine Ministeriumssprecherin. Wie das in der Praxis genau aussehe, könne man aber zum jetzigen Zeitpunkt „noch nicht beurteilen“.


Lage hat sich entspannt
Das Komitee wird den Angaben zufolge seine erste Sitzung am kommenden Montag abhalten. Dann werde voraussichtlich auch entschieden, wann der Industriepark wiedereröffnet werden soll. Das Komitee soll von einem ständigen Sekretariat unterstützt werden, das den regulären Betrieb des Fabrikparks gewährleisten soll.



Erst vor zwei Wochen hatten beide Länder vereinbart, den Komplex wiederzueröffnen, den Nordkorea infolge zunehmender Spannungen geschlossen hatte. Der Streit um das Atomprogramm Nordkoreas hatte sich wegen des dritten Nukleartest des Landes im Februar zugespitzt. Süd- und Nordkorea hatten zuletzt aber wieder Signale der Entspannung ausgesendet.

Quelle:http://www.focus.de/politik/ausland/nordkorea/glueckliche-ei…

[volvocb]

Antwort auf Beitrag Nr.: 45.402.001 von volvocb am 06.09.13 22:12:01

Es sah schon mal schlechter aus!

[volvocb]

Antwort auf Beitrag Nr.: 45.402.033 von volvocb am 06.09.13 22:17:46

Schönes We, ich hoffe ich habe keine wichtigen News vergessen.

[volvocb]

Antwort auf Beitrag Nr.: 45.402.033 von volvocb am 06.09.13 22:17:46

Wolfram
WOLFRAMERZ ($/T) NY

Von 417 auf 412,00 USD gesunken.

Quelle:http://www.boersennews.de/markt/rohstoffe/wolframpreis/83550…

[Pirat_Micha]

Woulfe Mining Updates $1 Million Private Placement

http://www.stockhouse.ca/news/press-releases/2013/09/09/woul…


Damit hat Korea Zinc wieder einen kleinen Fuß in der Türe.

[volvocb]

Woulfe Mining Completes $1.0 Million Private Placement

Nachrichtenquelle: Marketwired
16.09.2013, 15:00


VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 16, 2013) - Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE:WOF) (OTCQX:WFEMF) (FRANKFURT:OZ4) is pleased to announce that it has completed the its non-brokered private placement as announced on August 23, 2013, placing an aggregate of 10,000,000 units (the "Units") of the Company at a price of $0.10 per Unit for aggregate gross proceeds of $1,000,000 ("the " Offering"). The Units were comprised of one common share of the Company and one common share purchase warrant (a "Warrant"). Each Warrant is exercisable into one common share of the Company at a price of $0.12 per share until September 13, 2016.


The sole subscriber in the Offering was Dundee Corporation, an insider of the Company.

All securities issued in connection with the Offering will be subject to a four month hold period expiring on January 14, 2014.

The gross proceeds of the Offerings will be used for general working capital purposes.

The Company expects to provide an update concerning the exercise of Korea Zinc Co Ltd.'s right to exercise a participation right in relation to the Offering, as announced on September 9, 2013, mid-late next week.

On Behalf of the Board of Directors

Woulfe Mining Corp.

Hubert Marleau, Interim Chief Executive Officer and Director

Quelle:http://www.wallstreet-online.de/nachricht/6332851-woulfe-min…

[Pirat_Micha]

Hallo !

Hoffe Woulfe bekommt die internen Probleme schnell gelöst denn bei Tungsten ist die Welt noch in ordnung !

[obelixone]

Antwort auf Beitrag Nr.: 45.591.999 von Pirat_Micha am 09.10.13 07:48:04

die hängen am tropf...können gar nichts mehr machen. dundee oder ander entscheiden, wann die nadel aus der vene gezogen wird. leider....

[Heinzmann]

Antwort auf Beitrag Nr.: 45.594.603 von obelixone am 09.10.13 13:23:04

Wenn sie die Nadel herausziehen wollen, wäre das meiner Meinung nach schon längst geschehen.

[volvocb]

Sep 16 2013


EARLY WARNING REPORT

FILED PURSUANT TO NATIONAL INSTRUMENT 62‐103
The following information is filed pursuant to the provisions listed above under applicable
securities legislation:
(a) The name and address of the offeror:
Name: Dundee Corporation
Address: Dundee Place
1 Adelaide Street East, Suite 2100
Toronto, ON M5C 2V9
(b) The designation and number or principal amount of securities and the offeror's
securityholding percentage in the class of securities of which the offeror acquired
ownership or control in the transaction or occurrence giving rise to the obligation
to file the news release, and whether it was ownership or control that was
acquired in those circumstances:
Dundee Corporation (“Dundee”) acquired in a private placement, 10,000,000
units (“Units”) of Woulfe Mining Corp. (“Woulfe Mining”) at a price of $0.10 per
Unit. Each unit consists of one common share (“Share”) in the capital of Woulfe
Mining and one common share purchase warrant (“Warrant”). Each Warrant
entitles the holder to purchase one Share at a price of $0.12 per Share at any
time within 36 months.

[volvocb]

Antwort auf Beitrag Nr.: 45.696.173 von volvocb am 25.10.13 15:35:59

Quelle: http://sedar.com/CheckCode.do;jsessionid=00009PM9XJsd2ou10ch… zur News vom 16.9 im Beitrag drüber.


Form 51-102F3
MATERIAL CHANGE REPORT
Section 7.1 of National Instrument 51-102
Continuous Disclosure Obligations
1. Name and Address of Company
State the full name of your company and the address of its principal office in Canada.
Woulfe Mining Corp.
Suite 408 - 837 West Hastings Street
Vancouver, BC V6C 3N6
2. Date of Material Changes
State the date of the material change: September 17, 2013.
3. News Release
The News Release dated September 17, 2013 was filed with the TSX Venture Exchange and the British Columbia and Alberta Securities Commissions via SEDAR, filed on the OTCQX, and disseminated through MarketWire, Inc. on September 17, 2013.
4. Summary of Material Change
Woulfe Mining Corp. ("Woulfe” or the “Company”) is pleased to announce that further to its press release dated September 9, 2013, Korea Zinc Co. Ltd. (“Korea Zinc”) has exercised its right to participate in the non-brokered private placement (the “Participation Right”), as originally announced on August 26, 2013.

.....

Quelle:Form 51-102F3
MATERIAL CHANGE REPORT
Section 7.1 of National Instrument 51-102
Continuous Disclosure Obligations
1. Name and Address of Company
State the full name of your company and the address of its principal office in Canada.
Woulfe Mining Corp.
Suite 408 - 837 West Hastings Street
Vancouver, BC V6C 3N6
2. Date of Material Changes
State the date of the material change: September 17, 2013.
3. News Release
The News Release dated September 17, 2013 was filed with the TSX Venture Exchange and the British Columbia and Alberta Securities Commissions via SEDAR, filed on the OTCQX, and disseminated through MarketWire, Inc. on September 17, 2013.
4. Summary of Material Change
Woulfe Mining Corp. ("Woulfe” or the “Company”) is pleased to announce that further to its press release dated September 9, 2013, Korea Zinc Co. Ltd. (“Korea Zinc”) has exercised its right to participate in the non-brokered private placement (the “Participation Right”), as originally announced on August 26, 2013.

[volvocb]

Antwort auf Beitrag Nr.: 45.696.201 von volvocb am 25.10.13 15:39:02

September 30, 2013


Subject: WOULFE MINING CORP

Dear Sirs: We advise of the following with respect to the upcoming Meeting of Security Holders for the subject Issuer:
Meeting Type :
Annual General Meeting
Record Date for Notice of Meeting :
October 25, 2013
Record Date for Voting (if applicable) :
October 25, 2013
Beneficial Ownership Determination Date :
October 25, 2013
Meeting Date :
November 29, 2013
Meeting Location (if available) :
Armstrong Simpson
2080 - 777 Hornby Street
Vancouver, BC
Issuer sending proxy related materials directly to NOBO:
No
Issuer paying for delivery to OBO:
No
Notice and Access (NAA) Requirements:
NAA for Beneficial Holders
No
NAA for Registered Holders
No
Voting Security Details:
Description
CUSIP Number
ISIN
COMMON SHARES
98212A105
CA98212A1057
Sincerely, Computershare Agent for WOULFE MINING CORP

Quelle:http://sedar.com/GetFile.do?lang=EN&docClass=16&issuerNo=000…

[volvocb]

Antwort auf Beitrag Nr.: 45.696.253 von volvocb am 25.10.13 15:44:33

24.10.2013

MANAGEMENT DISCUSSION AND ANALYSIS
FOR THE YEAR ENDED JUNE 30, 2013
OVERVIEW
The following discussion and analysis of financial position and results of operations (“MD&A”) is prepared as at October 21, 2013 and should be read in conjunction with the June 30, 2013 audited consolidated financial statements and related notes for the years ended June 30, 2013 and 2012 of Woulfe Mining Corp. (“Woulfe” or the “Company”). All dollar amounts included therein and in the following MD&A, unless otherwise indicated, are expressed in Canadian dollars.
Additional information related to the Company is available for viewing on SEDAR at www.sedar.com or by contacting the Company’s head office at Suite 408 - 837 West Hastings Street, Vancouver BC, Canada V6C 3N6, or by emailing the Company at [e-mail]. The Company’s web site is www.woulfemining.com.
......

18 Seiten.

Quelle:http://sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=0000…

[volvocb]

Antwort auf Beitrag Nr.: 45.696.265 von volvocb am 25.10.13 15:46:01

24.10.2013

Consolidated Financial Statements
For the years ended June 30, 2013 and 2012
(Expressed in Canadian dollars)

......

35 Seiten.

Quelle: http://sedar.com/GetFile.do?lang=EN&docClass=5&issuerNo=0000…

[volvocb]

Woulfe Mining provides update

October 28, 2013 – Vancouver, Canada – Woulfe Mining Corp. ("Woulfe” or the “Company”) (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) provides the following corporate update.
As reported in the Company’s press release dated May 17, 2013, the Company began a comprehensive review of the June 6, 2012 Feasibility Study prepared for the Sangdong Project as prepared by TetraTech WEI Inc. under the direction of previous management. This review has been completed by the Company with the assistance of its largest shareholder, Dundee Corporation, and has identified that considerable additional test work is necessary (the “work program”) to bring the Sangdong Project to proper commercial and financing preparedness.
The new work program prescribed will include diamond drilling to better define the ore body, in particular, those areas of the resource that could potentially be mined in the early years of the mine’s life. Additionally, further work must be completed on mine design, mining method selection, metallurgical process design, and much de-risking of other technical aspects of the Sangdong Project. It is estimated that this work program will cost approximately $6 million to complete.
Subject to financing, the proposed work program is expected to begin as soon as possible and will take approximately twelve months to complete. In addition to the funds required for the work program, the Company must also seek to raise sufficient capital to fund its working capital deficit and 2014 administrative costs. The total amount of the required financing has been determined to be approximately $9 million, including the costs of the work program as described above. The Company is in discussions with various parties to raise the necessary capital and will provide a further update as soon as it is able.
On Behalf of the Board of Directors Woulfe Mining Corp.
“Hubert Marleau”

Quelle:http://sedar.com/CheckCode.do;jsessionid=0000-2_LB-bRiBzZTh_…

[volvocb]

Antwort auf Beitrag Nr.: 45.736.281 von volvocb am 31.10.13 20:29:55

Woulfe Mining appoints Michael Skead, Michel Gaucher and Benjamin Yi to board of directors

October 30, 2013 – Vancouver, Canada – Woulfe Mining Corp. ("Woulfe” or the “Company”) (TSX-V: WOF, OTCQX: WFEMF, Frankfurt: OZ4) is pleased to announce that it has appointed Michael Skead, Michel Gaucher and Benjamin Yi to its board of directors. The Company also advises that John Icke has resigned from the Company’s board of directors, effective immediately.
Michael Skead is a geologist with over 23 years of international experience in the mineral exploration field. He previously served as the President and Chief Executive Officer of Ryan Gold Corp. from October 2007 to May 2012 and the Vice President of Banro Corp. from August 2005 to September 2007. Michael has a B.Sc Honours from the University of Cape Town and a M.Sc in Mineral Exploration and Exploration Geology from Rhodes University.
Michel Gaucher is the Chief Executive Officer and Chairman of the Board of Dynamis Group Inc, a diversified holding company. Michel is also a Director of Palos Capital Corporation. He is a President of College Stanislas of Montreal and Director and member of several non-profit organizations. Mr. Gaucher is a member of the Quebec and Canadian Bar Associations, and of the Order of Professional Engineers of Quebec. Michel sat on the board of directors of Cambior Inc. from 1991 to 2006. Michel holds a Bachelor of Arts from College Stanislas, a Bachelor of Science from Ecole Polytechnique of Montreal, an MBA from McGill University and a Bachelor of Law from the University of Montreal.
Benjamin Yi is an investment analyst with Goodman & Company, Investment Counsel. Prior to joining Goodman & Company, Benjamin co-founded and led the Product Analytics group at Dynamic Funds, where he focused on fund analysis and the development of closed end fund trading strategies. Previously, Benjamin worked in a business development capacity at VenGrowth Capital Partners, a Toronto based private equity and venture capital firm, after beginning his career at Fidelity Investments Canada. Benjamin holds a Bachelor of Commerce degree from Trinity College and a Master of Finance degree from the Rotman School of Management at the University of Toronto. He is a member of the Toronto CFA Society and became a CFA charter holder in 2008.
On Behalf of the Board of Directors Woulfe Mining Corp.

Quelle:http://sedar.com/CheckCode.do;jsessionid=0000fF3raI1gQZOTzuX…

[volvocb]

AGM 29.11.2013 Kanada


1.
Ok.. So I was there.. 3 other investors in attendance, one other stockhouse member.. 2 Board members with interim CEO on speaker phone from Montreal.. Shareholder services, Corp. Secretary etc.. All motions were carried..

1. Financing will be done shortly.. In 2013.. It will be comprehensive and will cover IMC loans due in Feb.
2. IR support once the deal is done..
3. Money was conserved and spent to validate and derisk the project.. Work is almost done.
4. Project has support at all levels in Korea.. No Environmental or other issues..
5. Once financing is done, Engineers estimate 1 year to 1.5 year to production.. Could be sooner
6. More then 1 bank interested in providing financing so not limited to Shinhan bank..

That is about it.. We are it seems at home stretch to put this to some firm footing.. How it will look, equity vs. debt and milestones, we should find out soon.. Hopefully, before the year is out so hang tigh..

Other stockhouse member will post his notes so if I have missed something here or am incorrect, whoisyourpapa should cover it.. It was nice meeting you who..

Quelle:http://www.stockhouse.com/companies/bullboard/v.wof/woulfe-m…

Google Übersetzung:

Ok .. Also ich war dort .. 3 andere Investoren anwesend , ein anderer stockhouse Mitglied .. 2 Vorstandsmitglieder mit Interims-CEO auf Lautsprecher von Montreal .. Shareholder Services Corp Secretary usw. . Alle Anträge wurden durchgeführt ..

1 . Finanzierung werden in Kürze durchgeführt werden .. Im Jahr 2013 .. Es wird umfassend sein und wird IMC Darlehen zusammen Februar decken
2 . IR -Unterstützung , sobald der Deal ist gemacht ..
3 . Geld wurde konserviert und verbrachte die Validierung und derisk das Projekt .. Die Arbeit ist fast fertig.
4 . Projekt hat die Unterstützung auf allen Ebenen in Korea .. Keine Umwelt oder andere Probleme ..
5 . Sobald die Finanzierung abgeschlossen ist, schätzen Ingenieure 1 Jahr bis 1,5 Jahre die Produktion .. Konnte früher sein
6 . Mehr als 1 Bank daran interessiert, die Finanzierung so nicht Shinhan Bank begrenzt ..



2.
Das ist es .. Wir sind es scheint zu Hause strecken, um diese bis zu einem gewissen festen Stand gebracht .. Wie es aussehen wird , Aktien- vs Schulden und Meilensteine ​​, sollten wir bald herausfinden .. Hoffentlich , bevor das Jahr um ist , so hängen Oberschenkel ..

Thanks for posting a concise and accurate summary of the AGM Techone, it was nice meeting you also.

For those wondering, Hubert Marleau said his plan was to be at the AGM in person but recently had sinus surgery and had doctor's orders not to travel. He was quite apologetic that he could not be there.

He did mention that his replacement will come "soon" and that they would like it to be someone with a money background.

He praised the President of Sangdong Mining Mr. Sang Bum Lee for the work he is doing.

He said that when he bacame interim CEO he was tasked with obtaining the following 6 objectives:

1. Stabilize situation
2. Control cash
3. Raise money to continue operations
4. Preserve relationship with IMC
5. De-risk the project
6. Financing

With the exception of #6 (to be completed soon) , all those objectives have been met.

He acknowledged that not enough was being done to communicate with investors but said that this would change soon with the hiring of an IR firm. He said when he took over there were 3 IR firms, some being paid $7000/month and part of his job was to cut expenses.

That's all I can remember, the rest Techone already itemized.

whois

Quelle: http://www.stockhouse.com/companies/bullboard/v.wof/woulfe-m…

Google Übersetzung:

Dank für die Buchung eine präzise und genaue Zusammenfassung der Hauptversammlung Techone , es war schön , Sie kennenzulernen auch .

Für diejenigen, die sich fragen , sagte Hubert Marleau sein Plan war es, auf der Hauptversammlung in Person sein, aber vor kurzem hatte Nasennebenhöhlenchirurgie und hatte ärztlicher Anordnung nicht zu reisen . Er war ganz entschuldigend , dass er nicht dabei sein konnte .

Er erwähnte, dass sein Ersatz wird "bald" kommen , und dass sie möchte, dass es jemand mit einem Geld Hintergrund sein .

Er lobte der Präsident der Sangdong Mining Sang Bum Lee für die Arbeit, die er tut.

Er sagte, wenn er bacame Interims-CEO wurde er bei der Beschaffung der folgenden sechs Ziele beauftragt :

1 . stabilisieren Situation
2 . Steuergeld
3 . Heben Sie Geld , der weitere Betrieb
4 . Preserve Beziehung mit IMC
5 . De- Risiko das Projekt
6 . Finanzierung

Mit Ausnahme von Nr. 6 ( in Kürze abgeschlossen werden ) , haben alle diese Ziele erreicht wurden.

Er räumte ein , dass nicht genug getan wurde, um mit Investoren zu kommunizieren , sagte aber , dass dies bald mit der Einstellung von einem IR- Firma ändern. Er sagte, als er übernahm es gab 3 IR -Firmen, einige bezahlt $ 7000/month und Teil seiner Arbeit war es, Ausgaben zu senken .

Das ist alles, was ich mich erinnern kann, der Rest Techone bereits aufgeführt.

whois

Alles sehr Positiv, bald geht's up to the Sky.

[obelixone]

was nehmt ihr aus den aussagen mit ??? beruhigung der aktionäre mit luft oder glaubt ihr, es geht vorwärts ?
ich persönlich sehe das verhalten optimistisch, da man an den aussagen ja einiges festmachen kann.

[volvocb]

Antwort auf Beitrag Nr.: 45.959.572 von obelixone am 02.12.13 10:52:51

As reported in the Company’s press release dated May 17, 2013, the Company began a comprehensive review of the June 6, 2012 Feasibility Study prepared for the Sangdong Project as prepared by TetraTech WEI Inc. under the direction of previous management. This review has been completed by the Company with the assistance of its largest shareholder, Dundee Corporation, and has identified that considerable additional test work is necessary (the “work program”) to bring the Sangdong Project to proper commercial and financing preparedness.

12 Monate soll das dauern, siehe oben News vom 28.10.13

Jetzt soll bis ende 2013 eine Finanzierung stehen???
Wozu dann das Work Program?
1 bis 1,5 Jahre bis zur Produktion.


Also der frühste Beginn der Produktion 12.2014.
Spätestens 6.2016 incl. Work program und 1,5 Jahre Aufbau.

Wenn das alles stimmt, was bei der AGM berichtet wurde, sieht es fast schon zu perfekt aus, aber dafür haben wir auch sehr lang gewartet. Ich, 7 Jahre.

[bluehole]

Antwort auf Beitrag Nr.: 45.959.882 von volvocb am 02.12.13 11:38:37

Ich gehe immer noch davon aus, dass es keine massive Verwässerung geben wird, sondern demnächst die komplette Finanzierung bekanntgegeben wird.
Alles andere wäre amateurhaft und unprofessionell - was den Ruf von Dundee/Goodman stark schädigen würde. Außerdem wäre das Pferd(WOF) dann totgeritten.

[obelixone]

die finazierung ist doch sicher NUR für den work progress. von einer minenfinazierung würde ich derzeit nicht ausgehen, die nächsten entscheidenden ansagen, ob oder ob nicht produziert wird, erwarte ich nicht vor YE 14