GREY:NATUF - Post by User
Comment by
StockExpertProon Nov 16, 2013 4:27am
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Post# 21912307
RE:RE:RE:How Will NTC Pay Off Their Debt?
RE:RE:RE:How Will NTC Pay Off Their Debt?Your obsession with the share structure has led you to invest in a company that is nearly bankrupt and can't pay its debts. Woulfe Mining has about 100 million more shares in their share structure then NTC. Around 30 million WOF shares are due to expire from worthless warrants and options. How many billionaires are interested in North American Tungsten? I know of at least two that are interested in Woulfe Mining. Warren Buffett's IMC part of the Berkshire Hathaway group of companies and Ned Goodman's Dundee Corporation.
Warren Buffett's company IMC can give Woulfe Mining another bridge loan until the company secures a low interest rate loan from the Shinhan Bank in South Korea. Plus the billionaire Ned Goodman and his company Dundee Corporation are backing Woulfe Mining up. They will provide a considerable amount of assistance to ensure the tungsten project will be successful. NTC - Fully diluted | 245,648,058* |
*Not including Convertible Debenture - see News Release dated October 29, 2010 for conversion feature.