RE:Vancouver Resource Investment Conference 2014 Guerreiro- Great job pursuing information! It sounds like Mr. John may have been throwing us a softball with the following clues:
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).
Major Shareholders:
Dundee - 43.3 million (Canada)
Colonial First - 31.17 million (Australia)
Korea Zinc - 30,999 million (Korea)
Resinco Capital - 25.79 million - John Icke's company (Canada/Out?)
Se Woo Mining - 20.459 million (Korea)
Commonwealth Bk of Australia (multiple funds) - 13.487 million (Australia)
US Global Investors (multiple funds) - 10.6 million (Bingo?)
Maybe we will never know! Good luck to all longs!
Seg
Read more at https://www.stockhouse.com/companies/bullboard/v.wof/woulfe-mining-corp#b3Izjj6CWaSUMZQQ.99