GREY:WFEMF - Post by User
Comment by
StockExpertProon Sep 01, 2012 5:49pm
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Post# 20298027
RE: RE: There will be blood!!!
RE: RE: There will be blood!!! The WOF CEO Brian Wesson has also recently promised the shareholders stock buybacks in some of his PR's once the company goes into production and is generating revenues. IMC desperately needs this large long term tungsten supply which WOF has at the sangdong mine. Anyone with any common sense or who has knowledge about IMC will know this. If IMC wants to play hardball and be a bunch of tight wads causing Brian Wesson to have to resort to over 5 million dollars in dilution at this point in the game then he needs to demand they make up for it by adding some extra perks to this final deal for WOF and the shareholders. One thing is for sure. IMC will look like complete fools if WOF decides to sell this Sangdong mine to someone other then IMC out of spite because they try to screw us over on this deal. He could easily get double or triple the current market cap for the mine if the CEO decides to sell the assets of the Sangdong mine. He needs to let them know that their not the only ones who can play hardball on this deal. This goes both ways. IMC is a world wide mega multi billion dollar company. Them giving WOF 5 million dollars to hold us over another 3 months while they do their due diligence is like pocket change for them. It would be the equivalent of one us reaching into our pocket and grabbing 2 pennies and loaning or giving them to someone.