Woulfe Mining Corp WFEMF

RE:RE:RE:RE:RE:RE:RE:RE:RE:Preferred shares

[GaiusGermanicus]

kilgor wrote:
These guys didn't become filthy rich by playing nice.

Precisely, you can trust them only to the extent that their own interests are at stake, and if the interests of the common shareholders  diverge from that of the preferred shareholders, you know which way they'll jump.  One sure way to avoid that is to NOT issue preferred stock unless there is one HECK of a critical reason  to do so.

If IMC really wants the ENTIRE pie that badly, then let them buy the darn thing at a reasonable price.  All this stalling and deliberately increasing your targets burn rate by requiring study after study is just entirely too boring.  If you want the company and can pay for it, the only reason for stealing it is because you can.