GoodFellas Big Board Catalyst and Chart Plays

[PennyStockInvestor]

WFEMF ~ Finalizing the Deal with Berkshire Hathaway

http://www.theglobeandmail.com/report-on-business/video-why-warren-buffett-likes-tungsten/article4171802/

Huge Catalyst for the WFEMF Share Price

1. Finalize the strategic agreement & joint venture partnership with Warren Buffett's company IMC which is a subsidiary of Berkshire Hathaway.

http://www.bloomberg.com/news/2012-06-19/woulfe-completing-buffett-deal-to-start-tungsten-mine-in-july.html

Mark Seddon's Catch-22: We Need More Tungsten, But Projects Can't Find Funding

TMR: Speaking of media coverage of tungsten, Forbes in May noted that Warren Buffett and Berkshire Hathaway have agreed to invest $80M in a South Korea project. What do you think of this, considering Buffett's oracle status? MS: The project is called Sangdong. It is owned by Woulfe Mining Corp. which is headquartered in Vancouver and not to be confused with Wolf Minerals, which is an Australian company. Sangdong published a DFS in 2012 but seems to have run into difficulties. There has been considerable turnover in senior management, three CEOs in 13 months, for instance. Although Buffett is looking at investing, it's difficult to see what's going on there. There have been no announcements about construction or anything like that. One would have thought Sangdong would be well along the development path by now. TMR: Woulfe's market cap is under $40M. Wouldn't it just be easier for Berkshire Hathaway to buy the whole company? MS: Somebody with Warren Buffett's deep pockets could do that quite easily.

http://www.theaureport.com/pub/na/mark-seddons-catch-22-we-need-more-tungsten-but-projects-cant-find-funding

Read more about WFEMF at:
http://www.stockhouse.com/companies/bullboard/c.wof/woulfe-mining-corp