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Bullboard - Stock Discussion Forum Woulfe Mining Corp WFEMF

Woulfe Mining Corp is a mineral exploration company. It is engaged in the acquisition, exploration and development of mineral properties.

GREY:WFEMF - Post Discussion

Woulfe Mining Corp > What if...
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Post by AdamWest1 on Dec 12, 2012 12:47pm

What if...

the deal with IMC doesn't happen? How bad will this thing get bashed?
Comment by Dickles on Dec 12, 2012 1:09pm
The question is not if...it's when the deal gets signed. DD is all done and It's with the lawyers..... the contract probably consists of a number of books the size of an encyclopedia set (remember those)... they get paid by the hour....so you figure it out. Don't be be a Dunkin donut. Don't get me wrong... I'm loving this drop in SP...picked up another +/-80,000 shares ...more  
Comment by AdamWest1 on Dec 12, 2012 1:23pm
You didn't really answer my question. What happens if the deal doesn't go through? I know everyone here is fairly confident that it will be signed, but what if it isn't? Does this stock go right off the rails or is there still hope? I"m not trying to be a basher (I think it is likely the deal with IMC will be signed in the new year) but I am just curious what others think.
Comment by StockExpertPro on Dec 12, 2012 1:27pm
I don't mind waiting until the New Year for the news. I rather see them take the extra time to make sure this is done right. I'm sure Berkshire Hathaway and IMC will go over every detail with Woulfe Mining to prevent any disputes or problems down the road.
Comment by AdamWest1 on Dec 12, 2012 1:33pm
By not answering my question, you are kind of answering my question. Clearly, most people here have not considered the possibility that a deal could fall through.
Comment by Dickles on Dec 12, 2012 1:38pm
I actually think we would be better off in the long run without the IMC deal. (poitential for more profit) The IMC deal just makes things easier and less risky. You can't deny what WOF has and all the work is basically done, you just need to go and mine it...which they are doing. I'm not worried, someone will buy the tungsten. GLAH
Comment by professorchaos on Dec 12, 2012 1:41pm
If the deal with IMC doesn't go through, it would mean that IMC decided they no longer need tungsten. Given the nature of their business, I can only imagine this happening if they close shop. If that happens, I guess whoever buys their assets would be looking for a supplier. Unless it's a Chinese buyout, which could be strategic, in order to limit the world's non-chinese productive ...more  
Comment by StockExpertPro on Dec 12, 2012 1:55pm
Read the article closely.Based on this article IMC just recently built a new tool making factory in South Korea. Tungsten is a key ingredient in their high quality tools and drills. They plan on expanding to become the worlds largest tool making company. Wake up and smell the coffee people! These types of investment opportunities are the ones you want to get into early like Woulfe Mining ...more