GREY:WFEMF - Post by User
Comment by
ark88on Sep 18, 2013 9:56am
243 Views
Post# 21748112
RE:I can't be the only one...
RE:I can't be the only one...Maybe Korea Zinc is back in the picture. As far as I can figure, they hold 35-40 mil. shares of WOF.
Back in Nov/2010, Korea Zinc was to invest $38 mil. for 51% of Sangdong and $1.8 mil. for 51% of Muguk. As part of the deal, Korea Zinc was to arrange financing for the development at Sangdong.
If Korea Zinc is indeed back, I would think the price for additional stake in WOF would be higher given all that's transpired since. I certainly hope that is the case but one never knows for sure in this game. Korea Zinc + Dundee conspiracy?