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Woulfe Mining Corp WFEMF

Woulfe Mining Corp is a mineral exploration company. It is engaged in the acquisition, exploration and development of mineral properties.


GREY:WFEMF - Post by User

Comment by professorchaoson Apr 09, 2012 2:56pm
280 Views
Post# 19772593

RE: RE: ACCUMULATEEEEEEEEEEE!!

RE: RE: ACCUMULATEEEEEEEEEEE!!

It's trading "as if" because the market is spooked, and people are assuming their worst fear is probably true, without considering the probabilities. The reality is, it doesn't matter. If everyone at IMC somehow went insane and decided they didn't need to secure strategic tungsten supplies after all (even though they recently bought tungalloy, and they *need* a steady supply of tungsten now, more than ever), other off-takers would be lining up with  offers.

 

Remember, IMC was accepted because they were willing to move fast, and they provide the most stability; they are an ideal off-taker. They are really smart managers, and they know that they are only getting this steal of a deal because we are in a hurry. But we would definitely not be dead in the water if they walked (although *they* might be, and I don't think they'd be willing to risk it),

 

Everyone has too much to gain from this deal for it to fall apart. It is a true "everybody wins" scenario. Except the people giving their shares away for free today, I guess.

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