Woulfe Mining Corp WFEMF

Almonty

[Adrammelech]

I honestly thought better of Dundee than this. There better be some incentive to us or there are some serious problems here. We should have gotten at least double this value and as was said, the blue sky is gone.

If there wasn't a deliberate plan to do this, we should have been told. Where were our rights?

GLTA I guess

Adrammelech

[lastpick]

Still trying to get my head around this deal! Seems priced too low for WOF shareholders for a mine with NPV of $156 MM US which is about 30 cents per share? Any blue sky we have to share with AImonty shareholders!

[GaiusGermanicus]

It'd be nice to know who the Almonty shareholders are . . . no, let me guess . . . Dundee and its cronies . . .  I for one vote no, and I suspect an injunction filed with the SEC will keep it from happening barring a majority vote of the common shareholders . . . Let's find out.

[lonade]

as for me, i am now waiting to see how it turns out.  But we have backup that can prove the real value of WOF, certainly not measly 0.08 cad. I would consider a fair price somewhere between 0,2 - 0,3 cad. If they really go through as per the annoucement, i will certainly consult a lawyer to check what legal actions i can take.  For me certainly of interest, since i currently own

[ahrg]

I fail to see the advantage of doing this for Dundee. Their average cost price isn't that low for their holdings. They don't seem to be a major share holder of Almonty either. Unless of course this was a backup plan B cause the IMC deal is dead...

[lonade]

But its strange to see that there are people still buying at 0,10 cad this morning , approx. 51,000 till now. If the deal goes through, they make a loss of 0,02 cad. awkward.....