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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.


GREY:WFEMF - Post by User

Woulfe Mining Corp > Something like this needed to happen
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Comment by mtlimpacton Jun 04, 2015 3:20pm
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Post# 23797963

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Something like this needed to happenYou might be right on Almonty, but IMC as no incentive to wait I am sure they want their supply of tungsten to come from a nearby mine in Korea instead of China.

IMC and  Warren Buffet do not want to own the mine they just want the supply.

And for reference of dilution Dundee got 1 for 10 on their deal that should be the basis of any following offer. 

Call it friendly take over, a regular take over, a reorganisation it is all the same for the valuation of the company it has to be done by a third party otherwise there is a clear conflict of interest and they could get sued by minority shareholders.
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