GREY:WFEMF - Post by User
Comment by
sage4huson Jun 28, 2015 8:57pm
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Post# 23875819
RE:reading up on woulfe, sangdong (and almonty)
RE:reading up on woulfe, sangdong (and almonty)
Thank you, 74volfram. There have been lots of news and it will pop! soon. We should get a news this week-I hope. The county where Sangdong is seems very pushing. I gathered Korean News from your post: 5/28: https://www.engdaily.com/news/articleView.html?idxno=4512 5/29: https://www.kado.net/news/articleView.html?idxno=733552 6/4: https://www.kwnews.co.kr/nview.asp?s=501&aid=215060300051 6/19: https://www.kado.net/news/articleView.html?idxno=736309 My notes of Korean news above : 5/1: Park, the county supervisor of Young-wol where Sandong mine is was not happy and put pressure on Woulfe to provide a financing schedule by the end of May. 5/ ? Apparently Woulfe offered a schedule for completing plans, permits for plants (e.i. crusher plant?) by June and September in two stages but not financing schedule. Park got more displeased and told Woulfe the county will stop the supports and will not extend permits unless Woulfe come up with a tangible plan. 5/21 Michel Gaucher, Son Sang Cheol from Sangdong Mining, the equipment supplier METSO representative Chris Smith and the KECC President (CEO) met and signed the contract for "Basic Design plans" by KECC 5/21 Park, the county supervisor, met Gaucher, Sangcheol Son and repeated that citizens of the county were disappointed by Woulfe and the county not being able to opening the mine. He said he would take serious actions if Woulfe does not show meaningful progress. 5/?? Woulfe said they will provide a financing plan by the end of June. 6/4 Almonty's $1 mil private placement and new CEO Mr. Black The news on 6/4 and 6/19, Mr. Black said they can make the best Tungsten mine (world's largest reserve) in the shortest time despites of the recent slump in Tungsten price. And he will visit the site soon. Correction on Google Translate air conditioning --> co-operate homologous --> Sangdong last 2 days --> last (this month) 2nd last 21 days --> last (this month) 21st military side/night --> county supervisor