Post by
guerreiro on Jan 21, 2014 5:41pm
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
Comment by
Pauly10 on Jan 21, 2014 6:19pm
GREAT NEWS !! Thank you!!
Comment by
TechOne on Jan 21, 2014 6:45pm
Good job.. Thanks for the info.. Since Mr. Goodman was not there, Woulfe slipped from my mind.. Never occurred to me to corner Mr. Murray who based on his participation at the closing session, looked like a serious person.. Really not like a lot of glib people you see at these events so wished I had a chat with him..
Comment by
Flow23 on Jan 21, 2014 7:14pm
Appreciated! FWIW..it's Murry John. Murray is his first name. https://www.dundeeprecious.com/English/about-dpm/directors/default.aspx
Comment by
ripantuck on Jan 22, 2014 10:59am
It has to be either Colonial or Global. However, as much as I like the info., I cant believe he gave out inside information of the most sensitive type and seems to be in no danger of being prosecuted. From the price action it appears he gave that same new info out to multiple people at the conference, but with no public announcement.
Comment by
whoisyourpapa on Jan 22, 2014 1:31am
Thank you Guerriero! whois