10Q is out -plans still include Labrador and BC pr

10Q is out -plans still include Labrador and BC properties and Enigma-recent pp of $150,000 used for admin and general expenses- 201 milliion O/S; 500 million A/S -with any increase as part of a financing package re Enigma or to provide for working capital needs.  At least they dont have negative working capital in the 10's of millions like some mining co's,so they've been able to keep the deficit relatively low

Doubloon can correct me on this but from what we've learned and Doubloon has posted Enigma is an attempt to use their preexisting relationship w Enigma partners or principals etc and financing options available to WOLV that would not be available to investors alone to create a financing package that would benefit everybody,and use eventual profits from Enigma or any other ventures to proceed w the mining ventures until the mining investment climate improves

"Over the next twelve months we intend to use any funds that we may have available to fund our Plan of Operation and conduct exploration on our Labrador and Eureka Project Claims. We expect to review other potential exploration projects from time to time as they are presented to us.

Not accounting for our working capital deficit of $280,355 as of November 30, 2013, we require additional funds of approximately $10,000,000 at a minimum to proceed with our plan of operation over the next twelve months. As we do not have the funds necessary to cover our projected operating expenses for the next twelve month period, we will be required to raise additional funds through the issuance of equity securities, through loans or through debt financing. There can be no assurance that we will be successful in raising the required capital or that actual cash requirements will not exceed our estimates. We intend to fulfill any additional cash requirement through the sale of our equity securities.

The Plan of Operation for the next 12 months is to raise $10,000,000 to acquire a 25% interest in ENIGMAMobil Inc."