Post by
Majormac79 on Jul 08, 2012 1:07pm
IMC negotiations
I agree it seems like IMC is tightening the screws on Woulfe possibly to get a sweeter deal of ownership or buyout... IMC isnt walking away but as you said they are trying to make us sweat. The debentures are woulfe's saving grace along with if they can find another bidder. Perhaps this is a good idea to see if there is a Japanese or chinese party that will buy the tungsten for a better price and make a positive chess move for us.
Comment by
ddogold on Jul 08, 2012 2:19pm
at the end of the day the mine will be operational , so if it takes longer becuse of the games being played by the heavy hitters ,so be it , the longs will end up benefitting by the predictable dips should there be any further delays in a final agreement between IMC and Woulfe .. which will allow buying opportunities .
Comment by
AAA-1 on Jul 08, 2012 5:07pm
yep! competition will sweeten the prize
Comment by
CJHallee on Jul 08, 2012 6:14pm
We can't even get confirmation of one deal being done and you're talking about competitors. Let's bring it back down to earth guys.>
Comment by
Mark101 on Jul 08, 2012 7:48pm
Might be a good reson why Tiger Kim was in Beging June 28-29. AAA is right, we have the goods so I'm not worried ...