GREY:WFEMF - Post by User
Post by
guerreiroon Jun 13, 2014 3:38am
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Post# 22656438
Korean Service Provides must see a margin of safety in WOF
Korean Service Provides must see a margin of safety in WOFVery, Very, very encouraging news of management clearing some of the outstading debts and possibly getting prepared to realese the drilling assay result as the major piece of the puzzle to have IMC join the partnership and have the mine into production ASAP. ( As the Chinese are Hording Tungsten, Copper and Golden to control the Global Rare Heart Metals).
If you read the news release, it clearly states,WOF"s issuance of shares to the Korean Service Providers as partial compensation for continuing services and 4 months hold from date of issuance.
The Korean Service Providers must see a Margin of Safety as they are possibly very close to the Mine Project and see opportunity for major future profit, I don't think they would take the risk.
Do Your DD.