Post by
CJHallee on May 31, 2012 2:50pm
Maybe...
I'm wondering if there isn't a buyout discussion happening behind closed doors between Wof and IMC.
Comment by
whoisyourpapa on May 31, 2012 2:57pm
Its possible, but its also possible that IMC is asking for more time to do their DD while they get a better feeling for where this economy is going. Price of APT holding up, that's the good news. whois
Comment by
Majormac79 on May 31, 2012 3:20pm
A strong tungsten price will convince IMC to go with ths deal, especially since chinese producers are raising the price domestically. I truely believe tungsten is the true rare element of the group which when the market wakes up will create large upside for its producers outside of China
Comment by
CJHallee on May 31, 2012 7:19pm
Could be. I just think IMC had done considerable DD prior to the Feasibility and in my opinion probably knew the ins and outs of it quite in advance. Also, with the publicity that has gone on in South Korea with IMC in the limelight, it sure seems like the deal is going ahead. I just didn't think it would take this long for the confirmation to happen.
Comment by
AAA-1 on Jun 02, 2012 10:11pm
it is a rare element! a bonus is IMC group! should not be too much longer. as soon as the deal is in stone, along with financing...going to put the house on this one. AAA-1 WOF-2