GREY:WFEMF - Post by User
Comment by
kilgoron Feb 25, 2015 5:00pm
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Post# 23465353
RE:RE:$0.35 per share buyout offer....
RE:RE:$0.35 per share buyout offer....
I doubt it is a bidding war as that is material news. I owned BIM when it was in a bidding war and they had to make a NR for each bid and counter bid. This spurious offer is exactly that. If it were a legit offer, it would only be a last ditched attempt to gain control of the mine before the Korean Gov't/Military deadline in June.
I will take my chances with the Korean Gov't/Military repossession of the land before I let them steal it away from us, just because they are trying so hard to possess this asset and their back is against the wall with the June deadline fast approaching.