Wolverine Resources Corp (WOLV)

[Threw-er-back]

Glad ya made it cork..WOLV is lookin fine..

[Dobie Lama]

Hey Red,
Glad to see you on this board! Keep the charts coming!

Woof

[Montanore]

Hey Cork, good to see you here. Hope we all do well.

--M

[AliAngel]

Great psot and you are 100% correct but the .02 to the .035 buyers here now are in for the rich end now and you are seing some of the impatient .04 to .05 buyers selling now.

[the cork]

I got some of those .06's too! I don't know who sold...but thanks!

If there's profit to be taken, there will always be folks willing to participate.

Folks in at the .02 -.03 level got the easy greasy deuce, so I can't fault them for taking the money that's on the table.

I might question their thought process, but not their result LoL!

Nobody ever went broke taking a profit!

Unlikely to get rich taking a double either. GL dobergal!

GLTA !!

[Mr. Zen]

thanks for the chart, added it to the i-box

[RedStick]

WOLV Chart:

[AliAngel]

dam it i was on the phone with another trader in a shell and missed my whack at the .057. lol i got the last there as I was sitting at the .051 waiting. weee

[Dobie Lama]

Added more at .06! So, who sold? And why? LOL.

[jmurfk]

I added this morning at .0625. If I had the funds I would be adding here too.

[Montanore]

Doesn't take a lot of buying pressure to move this.

Just snagged a few shares at .057. I still want to wait to buy a decent position--at lower prices.

[AliAngel]

[jmurfk]

Nice, they got the chart out. Look at all that buying on there.

[AliAngel]

great we have charts, I am glad for that now.

[Threw-er-back]

bout time they got it done...good..

[Empire State]

I agree, here is the chart Doubloon:

[Mr. Zen]

We should all do well here, it is the story and not the hype that will take this one to feasibility study and beyond.

[Mr. Zen]

I know all too well the top kick feeling, yes maybe some of the early .03 buys will sell in here but this stock only cam public last Dec 16th so I doubt that many are impatient with it yet.

We shall see what the grab samples look like that will tell part of the story. If I was to give this one an uneducated guess I would have to say it hits .25 by early spring. I only say that because of the size of the anomalies and the level of green malachite that is leaching from the rock.

[Empire State]

Grabbed some here at .06 ~

[Montanore]

Good point, Doubloon--it does look mighty thin. But I suspect those who see their doubles or triples will come out of the woodwork to bid whack it.

Again, I could be wrong and this could take off like a rocket and leave me behind. I just don't like to chase and buy at all-time highs.

[Mr. Zen]

Montanore, ordinarily I think you would be right, although the one factor here is the float, (that I have confirmed to be 30 million shares). I think one good article by a letter writer or one piece of advertising and it is gone. level two shows one market maker at .065 and the next market maker at 1.01

[AliAngel]

helps fopr a great support price. good luck.

[Montanore]

Copper prices are due for a pullback too so I might get lucky. If not, I might snag some .05s.

GLTA

[AliAngel]

I do not think so but you can wait there. lol It churned enough between the .03 and the .05 to clear them from history now.

[Montanore]

Interesting story on this one, but I suspect few want to chase it right away. It probably wants to see the .04s short term. I hope to pick up shares there.

[jmurfk]

L2 Screenshot. Once these small sale bidwackers are out, we should get on our way.

[jmurfk]

I just got a partial at .0625, and it UTd.

[AliAngel]

It is starting perfect and just like last week. It may be right here for the first half of the dy as people buy in cautiously till we see the volume comeback today.

[jmurfk]

Looks like there was around 2455 7s on the ask, 8s up.

[AliAngel]

exactly what I would like to see till the .12 to the .15 then break out then.

[jmurfk]

It should go slow and steady. Kinda how it's traded the last week.

[AliAngel]

I see us getting the ten today for sure. I will be happy to start with no gap myself and keep the nice steady trading till we break the .13 then go ahead and have a major gaap to take us to the quarter that day. lol We will see. I need more shares so slow and steady is nice.

[jmurfk]

No problem, and no changes to now.

[jmurfk]

I don't see why we wouldn't today, but you never know.

[AliAngel]

No at all as this price will be double by friday. lol What I am saying is we will see a nice steady price increase between now and then with some dips but after today this will be your last chance to get in at this level. I see the .08 to .09 today with a little resistance on the ten spot wednesday then we will see another increase thursday with friday hitting the high for the week and then pulling back below the .15 level.
Of course that is just my unknowledgable opion though. lol

[5636783]

So your indicating to wait till friday and buy at the sell off when the stock ticks down due to profit taking. Is that the correct understanding of ur post if I read between the lines??

[AliAngel]

There are a couple market makers that have not signed on yet today so that may change.

[Threw-er-back]

thanks :o)

[Threw-er-back]

Theyre expecting us to bust .10 it looks like

[jmurfk]

Here is the L2 screenshot, looking nice.

[Threw-er-back]

hows the L2 looking?

[Mr. Zen]

Corporate History

Our company was incorporated in the State of Nevada on February 23, 2006.

On February 28, 2007, we entered into a vend-in agreement with Shenin Resources Inc., a private Canadian corporation, for the purchase of a 90% interest 516 mineral claims located in Labrador Canada. The purchase price paid to Shenin was $374,000 satisfied by the issuance of 34,000,000 shares of our common stock at a fair value of $0.01 per share and a note payable of $34,000. Under the terms of the vend-in agreement we are required to incur the following expenditures on the claims: (i) CDN $150,000 on or before March 1, 2008; (ii) CDN $200,000 on or before March 1, 2009, and (iii) CDN $250,000 on or before March 1, 2010; provided that (iv) any excess amount spent in one year may be carried forward and applied towards fulfillment of the expenditure required in the later year. Shenin has also granted our company a first right of refusal to purchase a 90% interest in all further property in Labrador Canada that Shenin may obtain an interest in from time to time. As of the date of this annual report, we have made the first payment of $250,000 and have paid $92,989 towards the second payment due March 1, 2009.

To date, we have incurred expenditures of $244,593 (Cdn $242,989) pursuant to the terms of the vend-in agreement.

On August 27, 2009 we signed an amending agreement with Shenin Resources Inc. which waives all of the remaining work commitments required under the vend-in agreement subject to us incurring sufficient exploration expenditures on the claims to keep them in good standing with the Province of Newfoundland and Labrador.

On May 17, 2007, we acquired six mineral claims from Richard Haderer for $321 which are contiguous to the Shenin Claims.

On August 15, 2007, we registered our company as an extra-provincially registered company in the Province of Newfoundland and Labrador for the purpose of being able to register the Shenin Claims and the Haderer Claims in the name of our company and for the purpose of being able to conduct our business in the Province of Newfoundland and Labrador.

[AliAngel]

Good Morning all time to get the coffee brewing with the price. lol

[jmurfk]

morning folks.

[pennyexpert247]

Welcome! Up and up we go :)

[AliAngel]

I see the volume and price increasing all week as the board marks have doubled. I look for the first sign of a pullback to be toward the Friday proffit taking as we grow in readers all week.
Another note is that two weeks ago there were only five or six traders on this stock the first day of trade so all are new entries and that in itself changes the dynamics of this stock.
Most stocks usually have at least 50 to 200 shareholders in it and this one was almost all if not all the insiders and they do not look likely to sell to further up in price.

[AliAngel]

The reports say good things on the copper and gold and they seems set to get a plan going. The next six months is were the plan will be set then start to implement that plan and we could look at close to a dollar depending on the drill survey and the time frame to start shipping the ore to the smelters in labrador.
From there and the rest of the summer will be wild if they do start production full swing by summer. This being on the surface will be faster then a deep whole mine as that takes a bunch more facility comstruction before they staart the mining process.

[5636783]

thanks for the 411.. Will try to get in around that price agrea!

[pennyexpert247]

Most shares going b/w .05 and .07...just getting started numbers. Huge potential here...I picked up a couple yesterday at .065

[5636783]

What is a good starting point for this one? can we expect some dips this week?