Replies to post #30526 on Value Microcaps Junior Miners

[PennyStockInvestor]

WFEMF ~ Best Long Term Investment Gold or Tungsten? Must Read!

I think this recent news article on Ned Goodman provides some very interesting clues on the future of Woulfe Mining's Sangdong tungsten project and the Muguk gold mine.

http://business.financialpost.com/2013/08/08/ned-goodman-ditches-bank-stocks-for-gold/

First Woulfe Mining owns 100% rights to the Muguk gold mine which is the largest in South Korea. Ned Goodman is a loyal gold bug and it's his metal of choice to invest in but he also claims to be a "Warren Buffett Freak" and Buffett's metal of choice is Tungsten. Buffett's Berkshire Hathaway recently bought out the remaining 20% stake of IMC and now own 100% of IMC which is the largest high-grade tungsten tool making company in the world.
Woulfe Mining has the best of both worlds. The company has a tungsten project and a former producing gold mine. Plus South Korea is an upcoming technologically advanced country with relatively cheap labor costs. South Korea is like another upcoming Japan.
In my honest opinion WFEMF is a screaming buy at .10 cents a share.

http://tungsteninvestingnews.com/42-woulfe-mining-exploration-and-development-of-world-class-mines-in-south-korea.html

Note: The crusher at the processing plant is designed for 2.4 million tpa and the initial milling capacity will be 1.2 million tpa, but can be readily expanded to 2.4 million tpa.

http://www.metal-pages.com/metalprices/tungsten/

Based on my calculations the Woulfe Mining tungsten project could possibly generate $500+ million dollars per year in revenues for 40+ years if tungsten prices continue to rise. Plus this estimate does not even include their gold mine or other mining projects. WFEMF has incredible potential and is currently only trading at around .10 cents per share.