GREY:WFEMF - Post by User
Comment by
steamerlaneon Aug 02, 2015 11:50am
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Post# 23983615
RE:RE:RE:RE:large volumes and other questions
RE:RE:RE:RE:large volumes and other questionsKilgor,I agree.Almonty intentionaly increased their share price,in order to buy WOF for a much cheaper price.I think it was a good business decision on Almonty's part,but obviously not good for WOF shareholders.Now,Almonty no longer needs to be concerned about the share price of the new company,they wil have already bought WOF at a"garage sale" price.So,you can see where WOF shareholders lose if the share price declines after the formation of the new company,while Almonty isn;t concerned,since they just bought a company which has one of the largest Tungsten mines in the world,along with a large Gold mine.Now what happens to the value of these mines if and when precious metals increases just 10%?????I know,I'm beating a dead horse,but I am upset after seeing so many companies pull these type of stunts,at the expense of small shareholders,and in some cases,their vision of the future,doesn't happen.