Woulfe Mining Corp WFEMF

Speculation

[mtlimpact]

Ok everyone let's stop all this speculation.

First from conversation with Nick last week IMC is NOT interested in being an mine owner, so that pretty much takes out the buyout from them.

Second the 1$ number WAS the minimum price the AMEX accepted for stock listed on their exchange, so if Woulfe wants to switch from the OTC market to AMEX they would need to do a reverse-split (as mentioned in the partial e-mail) now it is 4$

 

All in all we are, has some people mentioned at the mercy of IMC has management did not think of a plan B.

Too bad because when you see how good of deal they got with the bank it boggles the mind that they could bundle the rest so badly.

From a long term and major shareholder (over 500k sahres)  and becoming very tired of all these teaser dates.

 

Always do your own due dilgene. Funny to say that... due diligence !

[Adrammelech]

Maybe the reason why the delays are happening is because of Plan B for Woulfe. The idea for a "implied hostile" takeover has been teased from the Tungsten producers lately through various commodities experts such as Eccelstone, I don't think Woulfe is immune (like it is a bad thing anyway). There is more than IMC in this world, Japan and Europe also exist for this play since land

[mtlimpact]

From my conversation with Nick there is no plan B and if the IMC deals does not go ahead Woulfe has almost no money left. The debenture deal is dead because of the delay with IMC On good side they are getting enough from the bank and hopefully IMC to pay for the project without further financing (ie dilution). Basiclly if the deal does not go ahead the stock will plummet and you will see someone

[StockExpertPro]

I think IMC would consider a complete buyout of the Sangdong mine if it passes their DD considerations. Why split the long term profits with Woulfe?

[Majormac79]

this is almost exactly what i said last week! Given the earnings or in IMC's case SAVINGS it doesnt make sense to me why they wouldnt buy Sangdong for 400million or so.