GREY:WFEMF - Post by User
Comment by
GastownGuyon Aug 03, 2015 4:24pm
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Post# 23985123
RE:silver platters, making hay and what to expect
RE:silver platters, making hay and what to expectYou continue to portray Dundee as a bunch of clueless hacks and Almonty as as some kind of tungsten mining wonder boys. Unfortunately the big picture evidence in the real world paints a different picture. Almonty has funded acquisitions with metal sales and shares because they don't have any real money behind them. The main reason they have been able to pull it off is that their targets have been struggliing to such an extent that they have had few options available to them. The ones that did were able to resist and move in a different direction.Dundee bought alot of shares in WOF around 30 cents because they felt they could make money in the future developement of the Sandong mine. They have not squandered 15 million dollars like a bunch of bumbbling bozo's hacking up this deal in S. Korea. People will vote on this merger as they see fit, but stop pretending that Almonty is calling the shots here. This is very much a Dundee play, not the tail wagging the dog.