GREY:WFEMF - Post by User
Comment by
kilgoron Feb 27, 2013 9:13am
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Post# 21047494
RE: Woulfe Mining's Wesson, Wesson resign
RE: Woulfe Mining's Wesson, Wesson resign Well I am sure that was not the news announcement we were looking for. But the fact that Brian resigned implies that there is a power struggle by the major stakeholders in which direction to take the company. The fact that there are stakeholders remaining and they have a vision to bring the value to the shareholders. The question is in what direction and how much value.
The deal was never finalized between WOF and Korea Zinc. Now we are most likely facing the same issues with IMC. I think we will eventually see value in our shares, but not as much as we were hoping for.
JMHO.