RE: Warren Likes It - IMC and even POSCO like it b Richsooner, or in the case of Woulfe Mining, "muchricherlater", I agree that IMC being involved is great,
not etched in stone yet, but great.... I also highly doubt that IMC Daegtec based out of South Korea would be willing to walk away from $5.0mil as well and lose face in South Korea from a mine that was once the "crown jewel" of mining there.
Rest assured, if there are any issues present or future, I believe that the two would work together regardless, and with the expressed cooperation of the local governing bodies to see this thing come to fruition. The locals, the local council, and of course Woulfe/IMC are all excited to see this work. It means added stability for IMC, it means a closeby source of material for POSCO (a plant being built basically in Woulfe Mining's back yard), it means employment and growth for the Yeongwal Eup area... most importantly, it means a potential cash cow for Woulfe Mining investors that are in, in the beginning of it all. I am echoing what has been said to me when I visited back in February, and currently. Of course, you must take all that I've mentioned with a grain of salt, right, it goes without saying.
There is much news to come out for 2012. There is much to be done, and is proceeding aggressively.
I'll repeat a previous post I made. This is the beginning of a globally reaching monster of a team.
I'm now in my 28th year of being vested with geological and environmental companies.
I'm a shareholder, and building position.
I'm not afilliated with Woulfe or IMC in any way....
But, I am, with others... mentioned above.
Cheers and GLTA.