North American Palladium Ltd (New) PALDF

C.WOF ~ Buffett Waits on Fat Pitch, Cash Hoard Tops $50 BIL

[StockExpertPro]

GaiusOctavius wrote: Record profits for Buffett's Berkshire Hathaway could be a good sign for C.WOF ~ Woulfe Mining. Berkshire Hathaway owns a 100% stake in IMC and now they have their eyes set on Woulfe Mining. Buffett's tool making company wants to double production and expand into new innovative products. Why would Buffett & Munger pay over $6 billion to acquire IMC then put their tool making empire at risk by NOT acquiring a long term supply of tungsten in South Korea? The only conclusion that I can come to is that Woulfe Mining and IMC will finalize their deal and build a world class tungsten mine. Perhaps Warren Buffett will come visit the mine on it's official opening day like he did with all his other companies in South Korea.

GaiusOctavius wrote: Warren Buffett has never had so much money to spend. Cash at his Omaha, Nebraska-based Berkshire Hathaway Inc. rose past $50 billion at the end of June, the first time it finished a quarter above that level since he became chairman and chief executive officer more than four decades ago. https://finance.yahoo.com/news/buffett-waits-fat-pitch-cash-040104081.html