Berkshire Hathaway Finalizing the Deal with Woulfe Mining
What will happen to WFEMF if Warren Buffett's loyal followers decide to follow him in on his investment in Woulfe Mining as the money is secured and put into place, could WFEMF potentially go to $3 or $5 per share?
(Remember what happened to the railroad/railway companies in the US and Canada when Warren Buffett got involved with them as well as other companies he started investing in).
Investing 101, do your own Due Diligence.
Woulfe Mining is listed as WFEMF on the OTCQX and as WOF on the Canadian TSX Venture Stock Exchange.
He would not buy into that company... it is a 26 cent per share stock, 86 million dollar speculative gamble without an economic moat selling MUCH more than the current value... and is a wasting asset with negative cash flow (more money going out than coming in). The only way this firm seems to get equity is by issuing and selling more shares.