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If exploration drilling is successful share prices tend to rise as the potential of the new discovery has to be assessed.
Except after the feasibility study is published, this is the stage where investors do best. High Reward for risking wether Minerals are there or not. Its about Potential for now
Thats right smack where we are at.
1.00 (and that may be conservative
30 mil Float and copper with gold, will do us wonders.
Test Drilling is a Very Important Stage
and Very Profitable with good results
Nice Churn Day, More Anticipation to Come
Then, Results
IMHO
Good Luck to All
Yes, Many Watching and Waiting for Results. 210,000 reads is Our Future Volume. Waiting however, has some risk as the price goes up on anticipation.
Good Luck to All
Cusip # Done, Results And More Drilling, Very Very Soon..
Thanks Rick
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52944290
A Great Read, Exploration Plays, Risk and Profit
This read shows how the odds are against most Companies.
Why this is the Best of Times to be in Wolv.
A Company that has set itself up to Beat those odds..
Understanding Exploration Plays and Their Stages
Makes all the Difference
Thankyou "Falon" for this
http://www.pdac.ca/pdac/misc/pdf/10-conv-risky-business.pdf
George Werniuk
A hard-nosed look at the chances of successfully putting a mine into production from a grassroots exploration play should be enough to discourage any right-minded investor. But the world is full of various personalities and there are some who like to take risks, and those who take high risks, if they are successful, can expect to get high returns. This may be called gambling by some but rarely by a financial analyst or investment advisor.
Tim Searcy, recently with Wellington West Capital Markets and now president of Auryx Gold Corp., pointed out to an audience of a couple hundred that the chances of putting a mine into production from the very beginning of the exploration cycle (selecting an area to explore) to actually producing a saleable mineral product (production) are very low.
At each stage of the exploration cycle, the cost increases to advance the target to the next stage. The cycle starts with selecting an area to explore. The target area is explored and a target is identified for further investigation. The target is then tested. If it is successful a resource evaluation takes place. If the evaluation is successful, the resource can be mined. This is a simplistic sequence without a time-line, but at each stage of the cycle a negative result can kill the project and the process starts anew in a new area. As each successive stage in the cycle is reached more money has to be spent. To put it into perspective, he gave a real life example: to find a gold mine, a company had to drill test 125 targets in the Abitibi before one could be advanced to the production stage. Likewise, an example based on Rio Tinto’s experience saw the company test 332 targets before getting a deposit into production. This is akin to having to look at 1,000 10-year old hockey players to perhaps find one who will eventually play in the NHL.
As discouraging as this may seem there is opportunity to make money on the share price as a company advances a project through the exploration cycle. Searcy put up several slides of the share price of companies that were successful in turning grassroots discoveries into producing mines. Within that cycle there are times when share prices generally rise and when prices decline even though the project has successfully passed a hurdle.
Share prices are generally low in the early stages of the cycle. Selecting an area and selecting targets to test are associated with low prices. If exploration drilling is successful share prices tend to rise as the potential of the new discovery has to be assessed. Once the target is outlined, share prices tend to sag because the next phase is to evaluate the resource. This is a long and costly process that does not produce any news until the results of the resource evaluation are announced. If the results are positive, the share price usually starts to increase in anticipation of building a mine. If the resource evaluation is negative the project comes to a halt and share prices decline drastically. As mine production approaches, share price increases in anticipation of a cash flow from the mining operation.
Searcy points out that money can be made by knowing at what stage of the exploration cycle a project is in. Knowledge is an important investment tool.
Good Luck to All
This is no small time pick here. Wolv has a good team and it just got better...
Thanks JGygli
Good Luck to All
Serious Management
Good News Today, Comfirmation of Drilling, Starts Friday.
Now We are Anticpating Results
and any DD at all says,
Copper with Gold
Doubloon, you may be a bit Conservative in your time line...
But Any Surprise,
Will be Just Fine
Bet we trade to .30
In Anticipation
Then........
IMHO
Good Luck to All
Better to Be Conservative,
Follow Doublonn Here Folks
He Will Make you A Lot of Money
Yer Sir Bob, Its Drilling Time....
Its Days like this a fella Hates to Work
But the Evenings are Going to be Fun.......
WOLV may well Move Very Fast
Good Luck to All
Thanks for all you Do Bob.,,,
With FA Like this and Managements Solid Performance, mix with NI 43-101 standards and Drilling Announced. No wonder the TA has Caught Up with the FA...
Wolv is as Solid as a Resource Company Gets
Professional, Experienced Management
Low Float and O/S
Absolutely Huge Property
Assays Showing 4 to 6% Copper, (plus .5 g/t Gold)
Green Malachite Showing
Best Access you can get
Mining Resources Close and Very Active
Makes for a Great, Fundementally Sound, Investment
And a Great Professional Board
Bringing us this Fantastic Resource Play
Anticipation of Proven Minerals in a New Find, is Begining
The Low Market Cap Leaves a lot of
Room To Run.....
IMHO
Good Luck to All
And Thanks to All
Another Informative Post on Wolv's Current Status
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52853119
Gumpy is Funny.. But I Like Good Prospectors, Especially those that Hire Wall St Firms and do Business with Companies Like Vale..
Inspires Confidence...
Taking Their Exploration Companies to the Drilling Stages
Inspires Confidence Too..
Drilling 2 Properties, Back to Back, is a lot of work. It takes more People to do that,, some call it Growth....With Visible Gold Found in the Outcropping (per the PR), 77 New Claims, and a Host of Geologists in the wings, Things are Looking Good IMHO. Results are coming in at the company. Maybe, Just Maybe, All those guys are going to advise The Company on what is best to do with All Those Minerals.....(and the best course for the future Drilling)
Drilling Provides a lot of Options
Its Smart to Get Good Advice
Katx Is Growing Into a Large Company
And These are just the Begining Stages
Proving Minerals sets it all into Motion
Prospectors And Speculators
Has a Real Ring to it Here on This Board......
Good Luck to All
Anticipation, and you have not seen anything Yet....A Good Day for Wolv, one of many more to come.
Drilling Brings the Proof of Minerals
Its one of the most Important Stages for Any
Exploration Company...
Good Luck to All
"Did I mention The Float"
A soon to be Locked one at that..
Handcamp and Rusty will Provide a lot of Burn
If the minerals are there
But that is why its High Risk And High Reward
Thanks Again Gumpy
Funny Stuff
Nice Er0ck, And BTW, Handcamp will Provide Much Gumpy....
Huge Leverage for JV
Huge Leverage for Financing Deals
Huge Amounts of Cash,,,,, on down the Road
Plenty of Advantages the Parent will Provide
Minerals Proven = Future Potential...
For Investors and Mining Companies
Proving Minerals is the Key
For Now, Its Potential that Counts
Thats why Test Drilling is so Very Important
To the Company and its Investors....
Good Luck to All
And No Guys, I do not Mean Proven Reserves, Just proving the minerals are there.
He ment Bvig was Broke Er0ck, when they sold it to KS
Think about it
Was Bvig going to leave some in the Kitty for KS and Katx ?
ROTFLOL
Good Night and Good Luck to All (Now that was Funny)
ROTFLOL, Of All The Mis-Information Posted
When Ken bought the BVIG shell there was $35 in the bank.
What was BVIG going to do,
leave a few mil in the company for us?
ROTFLOL>>>ROTFFLOL
This is better Than the Website Stuff
Drilling Results Very Soon
Drilling Rusty Ridge Too
And more Comedy Later
ROTFLOL
Nice Goldtimer, The Perfect Post to bring all up to Date on Wolv,
Very Informative....
the company is fully funded for this summers exploration season. Trenching has finished, and drilling is scheduled to begin shortly. There is what I have heard (unofficially), a mini staking rush by sophisticated geologists and prospectors, all around our property.In my opinion, this stock is extremely undervalued currently, but shouldn't remain that way too much longer
Serious is a Good Word, while an Ihub Board Yaks. Katx is well on its way to being a Major Company.
Seriously Drilling
Serious Business Plan (much like Vale's btw)
Serious Companies Like Vale, Dealing w/us
Serious Law Firm (120 Wall St)
Serious TA Compuserve
Serious About NI 43-101
Serious Growth with New Claims and Purchases
Gold, Copper, Zinc, Silver plus Rees. In one of the Hot Spots For Minerals In The World. The Company is at the Ground Floor but all that is Changing in just One Season...Mineral Plays are going to be Big for some Years to Come. Great Timing by Management..
IMHO
Good Luck to All
4 Drillings, I must Have Missed Something...
Looks Like a Big Board Lineup to Me..Much needed and shows Katx will do what it takes to Drill 2 Properties. Serious Company about to Prove Minerals.....
Good Luck to All
Rusty Ridge is to be Drilled, Process has Been Iniciated, Just as Handcamp was Announced.
Lucky Gives us an Agreement (not JV) with Vale, Huge Credibility
Potential of One Bil for Katx
While Vale picks up 80% of Costs
We will Drill 2 Properties
And Have 1 Agreement with Vale
All in on Season
Not Bad
Not Bad at All
IMHO
Good Luck to All
Thanks Doubloon, Now its time to Drill. The Proof of Minerals will take care of the PPS. Its a New Find in a once remote area..
30 Football Field Outcropping, green malachite showing, NI 43-101, Access, Previous Negociations w/Vale (2bil worth), This is a Whole New area, in a Hot Spot of Mineral Exploration and Mining.
Buzz, yes Wolv will bring quite "The Buzz"
Many Know the Importance of Drilling
DD proves up the Company, as Drilling
will Prove Up the Minerals...
Then, Many Options will lay in front of Wolv
For yet Another Run,
Buy Out, JV or maybe China
Good Luck to All
Did I mention the Float Here.....
For the Record, and Thanks Rschewe1 and Falon...
From the current filing on Bvig/Katg Ownership
http://ih.advfn.com/p.php?pid=nmona&article=43799016&symbol=NB%5EBVIG
Kenneth Stead (2) ....... 67,264,000... 99%
Ronald A. Davis (3) ....... 0
Kat Exploration, Inc.
1149 Topsail Rd.5G2
Mount Pearl, Newfoundland, A1N ...... 65,000,000.... 96%
5% or Greater Beneficial Owners
Kenneth Stead (4)....67,264,000..... 99%
(4) Mr. Stead is the control person of Kat Exploration, Inc. and may as such be deemed to “beneficially own” the shares of Common Stock owned by Kat Exploration, Inc. Mr. Stead, however, disclaims beneficial ownership of all such Shares.
Agreed JM, Thanks..Management for WOLV is as good as it gets in Exploration. They will Prove "Green Stuff" only exists where there is copper.. They have brought us and the company to Drilling, Few Companies make it to this Dramatic Stage. The Low Float will push the PPS and end any little complaints. The Mojo will be back Very Soon.
Good Luck to All
tic..tic..tic..tic...lol,,,
We Prove Minerals, with RR on Deck
And we already have an Agreement with Vale for Credibility.
This is going to be Some Company......
Good Luck to All
Think you will do very well with Wolv Trapper,
Very nice pick, maybe the most solid out there.
A little patience will get us to our goals....
The Company will do the rest
Prove up a Huge Copper Find by Drilling
Good Luck to You
and All
Nice try, but soon enough we will be there. Drilling will bring that .19 call of yours and more....
I work too
After Wolv, Maybe not so much
Solid Company about to put the Bit in the Ground
Good Luck to All
Make Sense Doesn't it, Good Business :)
Sorry Reg, No Disrespect to you..Should have said "we" etc....
Makes two of us in our positions :) May not agree with you on all.
Wolv's being about to Drill, mixed with the Fundementals of this Company And the Property Itself...
Green Stuff = Copper
Huge Property
Lots of Copper..(Gold Too)
Drilling is the Proof
By Drilling They are Taking Investors to the Next Level
Test Drilling Brings One of the single largest spikes in Exploration Plays
Lots to Anticipate
Even the charts are turning and getting tighter...
IMHO
Good Luck to All
77 New Handcamp Claims...Think they have results...
Maybe not..
But They do have one hellofa idea what they will be...
IMHO
Love the way they line up with the IP
Thanks Katcar and Bio
Good Luck to All
Basement yes lol, The Environment we choose to trade in and thus the cross we bare.
But we did find a Gem down here.
Katx may not uplist as fast as WE would like
But they have kept their word to Date
Just Gotta Be Tough... lol
GL
Absolutely Pope, Adding Value to Katg and then Katx will also be uplisted by RM
The Company is Following a plan to take All investors to the next level and out of the Wild West..lol
Maybe not Scare, but Distract, Certainly,,,
No one is talking about Drilling Results.
Or Drilling Rusty Ridge right After.
Or All The Company is Doing Now behind the scenes
Or has Done in the Past (on Schedule, btw)
Or is Planning on Doing
You Know, the Important Stuff about Katx
Some Folks Distract, Mislead or even Lie
Almost always an Agenda
The Pinks can be Tough eh
Nice to see you here, Wolv is a great Pick as you already know, this is the prefect time to be in. Drilling is about to take place and we know the Importance of that..!!
But should show respect,
The "other", should be off topic Here
They are 2 different companies
With 2 different business plans
Wolv has a very Simple Plan
Prove Up One Property
Take it all the way through Drilling
Pick the Best Option Drilling Brings
Buy Out, Major JV, China.. etc
The Float will provide a great ride as
Drilling Progresses and results are
Anticipated
And this has always stuck. btw
The people who found this Huge Property
...BUILT A COMPANY AROUND IT
Good to see you here Reg,
This is a Good Pick
Good Luck to You.. and All
Great Board and Names Here
Good Place to be at the Best of Times
Help Me, Uptrend, this is what is going to do it. Its a fundamental thing, Drilling. If you specialize in resources you would know this. Not so unlike an oil company hitting oil etc. Further more your insinuation that the company is selling is , well, more of the same misinformation. Wolv has used PP to raise their money. Not sell off the shelf.
Plus, Diamond Drilling will be done from an accredited Drilling company. This is not a lengthy drill program, Maybe just a couple wks. 3 tops.. 5 holes at 100 meter is just Test Drillling to prove the minerals are there. Average costs 25 to 75 a foot. The lab takes 1 to 3 wks for results and you can expedite those for a fee.
I have Great Respect for TFN, He can voice his opinion and still show respect for Longs and the Company. I have never seen him post misinformation or use fear tactics.
The is much information is these Quoates from the last PR
That show the Drilling Process is about to begin..
These are some of the fundamentals, of a solid comany, announcing Drilling.
And what will attract Longs and Traders a like...
Wolverine has recently signed contracts for both the trenching and diamond drilling operations on its property. The trenching contractor, Kakahashu Construction, operates out of nearby Goose Bay while UltraLite Drilling is based in Ontario. Wolverine will also be engaging a second experienced geologist to assist in the detailed geological mapping and channel sampling of the trenches. Channel sampling consists of cutting a continuous "v" notch incision across the strike of the zone and sampling in meter long sections in order to get a more accurate representation of the mineralization.
Wolverine is also pleased to announce that provincial government approval for the continuing exploration, including trenching and drilling, has been received.
In summary, detailed prospecting and sampling will be on going on all areas of the property while the trenching and diamond drilling work is in progress. Five, 30 meter trenches and five, 100 meter drill holes have already been identified in the field to further explore the mineralized zones described above.
Nice Numbers, Mix with that Visible Gold found in the outcrops during trenching and our core results are Looking Good.
1 to 3wks for the lab normally
Expedited
Maybe as early as this wk
Good Luck to All
Fundamentalist and Techs will always argue some. They get along the best during upswings,,,
Longs can grow protective if a tech is pounding on a fundamentally strong company in this trading environment.
Drilling will bring an upswing
Results will take us off..
We will get along just Fine
It takes All Kinds
GLTY
The Chase will be on soon,..LOL...
Access
One of the key Criteria for Exploration Companies
The new Trans Labrador Highway
Runs right through Wolv's property
International Airport 120km away
(Already proven capable of handling Voisy Bays needs)
All to many companies have good properties that are too expensive to access. Then you need a mill or smelter within profitable distance also..
Wolv Has Great Access
its a Big Advantage
A Little Luck Helps
this was a Remote area till the Highway
Good Luck to All
Mining Companies like access
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45109154
Gump,,, Infomative and Relevant.eom
Nice Post White Cobra, Thanks...Your Post lets us know the company is not leading anyone astray and the PRs taken literally, provide information accurately.
Initiates Drilling
Share Distribution
July 16th
The Company Keeps their Word
Handcamp Results Soon
Rusty Ridge on Deck
As I have stated before, you need to do your own DD here. This board is a GOLDmine of information for any potential investor.
Thanks Again
Spread the Word, Those that read up on Wolv will want a part of that Very Low Float.
Invetors or Traders will enjoy the ride that the combination of Drilling and Share Structure Provide...
After All, we are here to make Money....
WOLV meets all the criteria of a
Great Exploration Play...
Hard to find ones so Complete
IMHO
Good Luck to All
PS, My definition of a pumper is basicly MoMo
Although they do help boost the price during runs,
The tend to lack understanding of the Fundementals
Posting just for a week or two
When they sell the spike, prices always come down.
Next time Wolv runs,
the price will not come back down for some time
Drilling Proves the Minerals are There and
All New Finds in Mining are Big
Especially in this area with so many
Mining Resources expanding and moving in..
Its about the Minerals and Drilling
Wolv has the Management
GL
Thanks Condon, but I Ride the Coattails of many here. All the mods, of course the founder Doubloon, and almost all the posters here. They are knowledgeable and very professional.
Easy pick when you consider
The Minerals, 4-6% copper samples
The Management
The Share Structure
Wolv is Going to Drill, very soon
Proving Up a Huge Property that will
Enhance Value Greatly and Create Many Future Options
All NI 43-101
This is a Winner
IMHO
Yes, That Rusty Ridge...Have no doubts that all the Steads Prospecting will pan out very well. but Rusty shows some of the very best potential. Glad management decided to Drill this season...
That will open the door to a full JV
and of course we already have one Agreement with Vale
Great DD Bio, as usual
Touting RR is hard to resist :)
IMHO
Good Luck to All
Sounds like you are trying to do well.
great concept to get in early etc.
Now is that time for Wolv
Just before Drilling, is Perfect
There are many preditors here at Ihub and many different Agendas, it can be hard to sift through it all
Posting against other posters, be them pumpers, bashers or those paid agendas is one thing, posting against a fundementally sound company is another
looks like we agree on Wolv
this should be a Great ride on the Wave
IMHO
Dave
The Fundementals of Wolv are Strong, Straight forward and Above Board.. Drilling will propell this Company and its Investors....
Drilling will be the Key from here out...
Anticipation should begin Soon
And a PR should not be that far away
Good time to be in Wolv
Before it shoots up
Many watching this one..
IMHO
Dave