Iclaude
30 Sep 2016
Re: Suspended from trading on ASX So, they are not where they thought that they would be at this stage due to various factors. These 'growing pains' have to be expected in a new mine. Sounds as though there is room for negotiation, so I would hold on for the present.
dunokay
30 Sep 2016
Suspended from trading on ASX Does anyone else feel like we've been left out to dry? It's all very vague with no definite dates. I don't know whether to hang in there or take my money (what's left) and run!
Iclaude
05 Aug 2016
Drop in sterling favours Wolf The drop in the value of sterling since Brexit gives Wolf an unexpected bonus in dollars due to the pound dropping in value. This should help counterbalance the recent fall in APT on the general market, although I believe that the price of APT to customers is calculated every three months. The future looks bright for Wolf as things balance out. A lot of companies are using this time to get rid of surplus stock and trading on customers being prepared to wait for purchases. Following Carney's supposed stimulus industry now needs Government to make some positive decisions over large infrastructure projects to cause a real impetus. There are a lot of loyal investors in this project waiting for Wolf to announce commercial production.
Passive Investor
29 Jul 2016
Tungsten mining at Plymouth Drakelands - an evening with Wolf Minerals Video may be of interest - [link]
Sprocket60
27 Jun 2016
Re: Spike over Had a top up myself & am in this one a lot more than i anticipated to be honest. Agree its caught up in the sell-off with the mining sector. If the pound should stay low for a while, which is anticipated until some stability, then this would benefit Wolf due to the favorable exchange rate into US $. Believe that Wolf sell their stock on the open tungsten market & are not reliant on European buyers. Correct me if i`m wrong. Was reassuring to see that they are making a profit at these lowish tungsten prices although any profits will be to pay off debt.No choice now but to stick with this one as average is 6.8p, but good to see the buys coming in to support the SP.
Ripley94
27 Jun 2016
Re: Spike over Topped @ 6 pBrexit panic
Sprocket60
21 Jun 2016
Re: Shorters FO. Spread is quite large at 12% so not looking very good for anybody trying to short this one. Be nice to see them close them soon at a loss as it will be costing them money to keep them open. Plus they will loose quite a lot of cash when they eventually have to buy them back.Looking for some large buys coming in soon to get the SP back into the 7p +.
Sprocket60
14 Jun 2016
Shorting. Looks like the phantom shorter is trying to get the price down again so he/she can close the open deal at a lower price. Dosn`t seemed to have worked though as punters are starting to buy in on the drops keeping the SP above their profit margin. If this keeps up then this shorting strategy will stop and they will have to buy back at an higher price. That is my opinion of what is going on. Any views ?
Sprocket60
13 Jun 2016
Re: LONG TERM HOLD ? Would be nice to know what Wolf can produce a tonne for to see what kind of profit can be made. Had a last top up late on & no more. In this a lot more than i`m comfortable with as it seems there is a consistent shorter on this which is keeping the SP down due to low volume trading.Most probably a PI as all the sells are in the £16K range. Seems to in their favor at the moment as it is out-weighing the small volume buys. This share needs a few big buys to get rid of the phantom shorter....
Passive Investor
13 Jun 2016
Re: LONG TERM HOLD ? To a large degree I think this is a speculation on the price of tungsten.
Sprocket60
13 Jun 2016
LONG TERM HOLD ? Bought into this initially at 7.6p & a couple of top ups since to get average of 7.3p on a £ 12,000 holding. Not sure i will buy anymore for a while and will wait for an up-date from the Company.Looks like a long term hold until production figures are out & at what price they get on the open market. Not so sure now that having one fund holding the majority issue of this share is a good thing or not, but at least the cash is there if required.Any non-speculative opinions on this Company ?
Hyper Al
14 May 2016
Big boost for Tungsten - News from Chine This explains the recent rise in Tungsten price and it looks like its going a lot higher over the next 3 years"China will invest 4.7 trillion yuan ($720bn) in transportation infrastructure over the next three years, the country's transport ministry said this week. Under the plan, China will focus investment on five key areas — railways, highways, waterways, airports and urban rail transport."above quote from [link] like our mine has started operations just at the right time!
Jitter
04 May 2016
Shares issued at 9.19p. NM. .
Iclaude
21 Apr 2016
Tungsten Rise Released today on Wolfe's website are the following pieces of information.1. Price of tungsten has increased from $15000/tonne to $19000/tonne2. Current ramp of production at the mine predicted to reach 4,500 tonnes from 3,500 tonnes3. Chinese production has been cut by 25%These factors point to more profitability in the future and sustainability.
Iclaude
06 Apr 2016
New General Manager Well, we couldn't have chosen better. Mr Fearon will be knowledgeable about running a mine such as this and as a graduate of The Camborne School of Mines, will be well acquainted with the geology of the west country. He will be in a good position to continue with expansion of the mine and hopefully be able to remain for a period of stability. Welcome to Devon.
