Post by
wolfry1 on Jun 14, 2012 9:54am
New Tungsten Player in South Korea ?
https://www.marketwatch.com/story/gtso-identifies-new-mining-targets-in-south-korea-2012-06-14
Comment by
biznotstock on Jun 14, 2012 10:16am
Actually, I suggest doing some extensive DD... I just went through a few EDGAR documents and older news releases...I'm not worried.
Comment by
Majormac79 on Jun 14, 2012 10:35am
It reads to me that they are considering an aquisition of sangdong
Comment by
wolfry1 on Jun 14, 2012 10:53am
I don't think that Diamond V Associates and GTSO Resources (joint venture) have pockets deep enough to acquire Sangdong..... just my two cents ..!!!
Comment by
Majormac79 on Jun 14, 2012 11:16am
Have you looked up their finances, or are u just saying that on a whim?
Comment by
wolfry1 on Jun 14, 2012 11:32am
I just look at their history .. And like you (looking thru our rose coloured glasses ) I hope they gobble up Sangdong for "Billions" ..!!!!!!
Comment by
biznotstock on Jun 14, 2012 1:28pm
Adding to my own post as I searched a bit more about GTSO. Speculative: A JV for recycling of tungsten might be their intent.https://www.metal-powder.net/view/26270/gtso-explores-tungsten-recycling/https://www.metal-powder.net/view/25838/gtso-delves-into-tungsten-in-canada/ I own WOF shares.