GREY:WFEMF - Post by User
Comment by
TechOneon Jul 17, 2015 4:07pm
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Post# 23935772
RE:Old Sangdong, share price and valuations
RE:Old Sangdong, share price and valuationsThanks 74V for the detail information and analysis..
Some have offered sarcasm and others may want to see 1m shares in WOF goes kaput but the bottom line here is, no one else is stepping up with any real money or offer.. Neither cash nor merger besides Almonty..
Almonty may be opportunistic but their timing is good and they have already taken partial control.. It would have been nicer to get 45-49% of the combined company but that is not in the cards unless some one else makes a competing offer for Woulfe so for now I just want to see this progress to completion and Sangdong reopen..
I can live with $ 10 for AII.V down the road.. :o) .. I am sure the next step at some point will be to upgrade the listing to TSX and get off the Venture..