GREY:WFEMF - Post by User
Post by
Sparkerssson May 16, 2012 9:41pm
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Post# 19918677
An Intriguing Scenario
An Intriguing ScenarioV.WOF/WFEMF - An intriguing Scenario: Buffet/Berkshire owns IMC, a 6 Billion dollar company that uses Tungsten - Needs LOTS of Tungsten..China main supplies 80-90% of Tungsten to the world..But recently China completely restricted the export of Tungsten..thus Tungsten price been skyrocketing up..
Meet our HERO: WOF buys a mine in South Korea..but not just any mine...one that once met/supplied more than half of all the Tungsten demand in the world.. the deposit is HUGE and much of the property is still undeveloped..
The PLOT - Warren Buffet/IMC needs Tungsten so bad, he went to WOF and made an Off-Take deal --> He gets the right to all Tungsten produced at market price/and we get a built in customer! Next, he pays 120 million dollars to get the mine running etc AND Buffet will own 25% of the mine + build a Tungsten Processing Plant of which WOF will be an equal partner!
The Hook: They will start producing in June and stockpile the stuff till the Tungsten processing plant is build and ready to go!!
https://investorshub.advfn.com/boards/board.aspx?board_id=22104
https://investorshub.advfn.com/boards/board.aspx?board_id=23053
www.woulfemining.com