GREY:WFEMF - Post by User
Post by
guerreiroon Jan 21, 2014 5:41pm
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Post# 22117832
Vancouver Resource Investment Conference 2014
Vancouver Resource Investment Conference 2014
I looked up for Ned Goodman at the conference to ask him about WOF and unfortunatly he did not come out to participate as guest speaker as he had to take care of some family matters.
However; he did have his number one assistant John Murray come out to take his place.
Met John Murray and several other people that appeared to have some knowledge of what was taking place with WOF's progress and delays and I kept asking questions.
(1) Question???; why is financing taking so long???. Answer; All the major shareholders are in aggreement except one major shareholder that is creating a few obstacles but however they appear to be joining the team as a group toward the full development of the mine. ( did not get the name of major shareholder that was creating the delay) ( the problem was not in Korea or Australian as I kept asking who, who, who ???).
(2) I was also told by one of the people that IMC and the Korean Government and associated companies have not been the problem and been fully supportive of the project and in fact IMC is providing full financing for the project once some of the wavers are signed by all major sharehoders).
(3) How long will we wait for financing.??? Within the next two weeks.
Based on what I heard from these people I am not suprised on today's market bullish sentiment and volume.
Hoping that our patience has paid off and we may have to buckle up our seatbelts as this baby is ready to soar.
Do your DD