GREY:WFEMF - Post by User
Comment by
gossincon Apr 01, 2012 9:01am
272 Views
Post# 19744608
RE: just bumped into this..
RE: just bumped into this.. How about a takeover bid ? I mean this stock price makes no sense when a major metals co is will ing to invest $ .55 per share into WOF. So why would Korea Zinc or some other major looking for an assured supply not bid $ 150 MM for all of WOF. Think about it. They could then set up and sell Muglak gold mine off and they would have a free investment. As shareholders, we are going to get shares in the gold co as a spin off in near future. It should trade separately to enhance value.
Assuming this stock remains trading, we have unbelievable upside.
I have a 4% portfolio weight in WOF and the mothership, RIN.to. I am loaded and ready for space travel.