Takeover Target ? Just my two cents but once IMC closes the deal and we get financing from the banks, WOF will start to look very good for a takeover.
I mean in today's markets, what mining company would not be interested in buying a mine that is totally de-risked, fully financed and with an offtake agreement for 100% of production ???
Plus, Woulfe comes with a gold mine, a lead/zinc mine, 11 uranium land title, a moly reserve, ect, ect, ect ....
Again, this just my opinion but an opportunity like this, at this price, does not come often in today's market and my guess is that Korea Zinc could be the ones to take us out. They are a local mining company, they have cash and the knowledge and the experience needed to developpe all of Woulfe's assets. They already own over 36,000,000 shares of WOF which gives them a 10% advantage over the competition in a takeover battle.
Again, I'm just exploring future possibilities. With all that is supposed to happen in the near future I think its important to look at the whole picture cause whoever has the right hindsight will make alot of money. I'm long on this one as I think patience will pay off once the project is fully financed, takeover or production, its a win win situation.