GREY:WFEMF - Post by User
Comment by
ripantuckon Jul 14, 2011 12:38pm
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Post# 18831470
RE: RE: RE: NEWS
RE: RE: RE: NEWSI am beginning to like this management. The status of the Korean Zinc financing is the one remaining question I have had and I started writing a couple of e-mails to WOF to ask about this over the past week and got interrupted.
With respect to fears that this might cause a legal battle with Korea Zinc, my opinion is that management would not be working for shareholders if they hesitated based on such a possibility. WOF has ALWAYS and REPEATEDLY indicated that this financing was not finalized with Korea Zinc from the very beginning. Legal battles are always possible with any company, but to expect a management to give away shareholder value based on such a fear is folly.
As far as I am concerned this is the best news release possible. I always feel much more comfortable when I believe that management is competent and is focused on increasing shareholder value. As far as I am concerned, WOF is now one of my core positions and will remain so as long as this management keeps up this type of attitude.
Rip