Woulfe Mining Corp WFEMF

Metals & Mining Industrial Metals & Minerals

Woulfe Mining Corp is a mineral exploration company. It is engaged in the acquisition, exploration and development of mineral properties.

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Woulfe Mining Corp > Something like this needed to happen

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Comment by kilgoron Jun 04, 2015 10:25am

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Post# 23796679

RE:RE:RE:RE:RE:RE:Something like this needed to happen

That is my point...... Almonty will pay off the $10M + int debt to IMC in exchange for shares. That moves them a lot closer to taking 51% ownership. Then the motion to aquire the remaining Wol shares will be a lot easier.

So the way I see it..... If the IMC deal is still alive, Almonty will put forth another lameazz offer to take our shares shortly. If the deal is dead, then they will pay off the IMC loan and eventually squeeze us out.

And Dundee may not get much from their Wof shares, but they got in on the low end of Almonty's share price before Almonty takes over our shares.

Feeling scrude over yet? (again, I seriously hope I am wrong)

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