GREY:MLGAF - Post Discussion
Post by
RX4H1N1 on Jun 25, 2012 1:42am
Here is what article said about MLG
Buffett to the Rescue?
IMC International Metalworking, part of Berkshire Hathaway, just plunked down $80 million in Woulfe Mining's Sangdong South Korean tungsten project.
Woulfe has plans to ship up to 400,000 metric tons of tungsten (or 4,000 tons of metal) from the mine that closed back in 1992 as a result of low mining prices.
They're expected to begin output by August 2013.
Woulfe (WOF.V) is just one way to play this metal. Another way is to buy Malaga (MLG.V; OTC: MLGAF).
The safest way to trade these plays is with REMX long-dated call options.
We're buyers here.
You should be, too.
Stay ahead of the herd,
Be the first to comment on this post